241 N Verdugo, 243 N Verdugo and 1322 E California Don't miss out on this great owner user or investment/development opportunity! This is an investor’s and developer’s dream! A Rare Development Opportunity in an Extremely Prime Glendale Location! Unlock the Full Potential of these exceptional 3 Properties with Endless Development Possibilities. There is Potential to keep all 3 properties and possibly add up to 6 ADU’s. This offering is ideal for Mixed Use, Multi-Unit Development or a High-Yield Investment building on an approximately 14,526 square foot lot with approximately 3,500 square feet of commercial and the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village downtown Glendale, Burbank, and the Rose Parade route. Build New Wealth! Rare properties like these in this area sell very quickly, are priced right, and will not last long in this hot market!
Under contract
Listing Provided by:
Vartan Markarian DRE #01059771 MarkarianRealty@gmail.com,
Markarian Realty
$2,399,999
241 N Verdugo Rd, Glendale, CA 91206
6beds
4baths
19,000sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$2,471,500 Zestimate®
$126/sqft
$-- HOA
What's special
- 11 days
- on Zillow |
- 472 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 06:08pm
Listing Provided by:
Vartan Markarian DRE #01059771 MarkarianRealty@gmail.com,
Markarian Realty
Source: CRMLS,MLS#: GD25167811
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 19,000
- Total interior livable area: 19,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 32.14 Acres
- Features: 0-1 Unit/Acre
Details
- Additional parcels included: 5645003046
- Parcel number: 5645003070
- Zoning: GLC3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $606,970
- Annual tax amount: $6,782
- Date on market: 7/25/2025
- Listing terms: Cash,Cash to New Loan,1031 Exchange
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