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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
    : 
    Multi Family
    Built in 1921
    -- sqft lot
    $2,471,500 Zestimate®
    $126/sqft
    $-- HOA

    What's special

    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!
    11 days
    on Zillow
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    472
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    10
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    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#: GD25167811MLS LogoOriginating 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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