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Sold for $16,200,000 on 11/18/22
    • $16,200,000

    1550 N Verdugo Rd, Glendale, CA 91208

    62beds
    41,448sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $15,274,200 Zestimate®
    $391/sqft
    $1,950 Estimated rent

    Owner options

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    $1,950/mo

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    $1,950/mo

    Rent Zestimate®

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    $102,184/mo

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    $102,184/mo

    Est. payment

    What's special

    ''The Verdugos,'' an incomparable Opportunity to purchase a One of a Kind 45 Unit Apartment Complex, located in the Prestigious Woodlands Neighborhood of Glendale, directly adjacent to Glendale City College. Superior Unit Mix of spacious one bedroom one bathroom, and two bedroom Townhouse Style Homes. Upside in Rents. Beautiful Open Hillside Campus affording Pride of Ownership and preferred Tenant Enjoyment. Tastefully designed Interiors. Incredible Potential for the Wise Investor to Seize the Good Fortune to Create Generational Wealth and Own an Extraordinary Trophy Asset, while Growing Accelerating Future Net Worth. Each apartment has the added value of a one car garage which comes with their rental.

    Zillow last checked: 8 hours ago

    Listing updated: January 11, 2023 at 10:35am

    Listed by:

    Chris Smith DRE #01437838 818-434-1672,

    Pinnacle Estate Properties, Inc.,

    Richard Karzen DRE #00894182,

    RE/MAX One

    Bought with:

    Chris Smith, DRE #01437838

    Pinnacle Estate Properties, Inc.

    Source: CSMAOR,MLS#: 222004462MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 62
    • Bathrooms: 60
    • Full bathrooms: 60
    Appliances
    • Laundry: Laundry Area
    Features
    • Flooring: Carpet, Wood/Wood Like
    • Has fireplace: No
    Interior area
    • Total structure area: 41,448
    • Total interior livable area: 41,448 sqft

    Property

    Parking
    • Total spaces: 45
    • Parking features: Garage
    • Garage spaces: 45
    Features
    • Levels: Two,One
    • Stories: 12
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 2.96 Acres
    Details
    • Parcel number: 5652009001
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Glendale
    • Subdivision: Not Applicable

    Other

    Other facts
    • Listing terms: Submit,Conventional,Cash to New Loan,Cash
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    Estimated market value
    $15,274,200

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