$ 1,750,000
-
$1,750,000
Price -
12
Bed -
8
Bath -
3,963
SqFt
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About the Listing CLW-X75151 - CLW-C120853
We are proud to offer 3911 Verdugo Road, a select multifamily investment located in the Glassell Park neighborhood of Northeast Los Angeles. This distinctive property, built in 1995, features a collection of four units: three 3-bedroom/2-bathroom and one 3-bedroom/2.75-bathroom residences, each approximately 990 square feet. Sitting on a substantial 8,051 square foot lot, the 3,963 square foot building benefits from not being under the Los Angeles Rent Stabilization Ordinance (RSO), allowing for rental increases of 5% plus CPI annually. Current average rents stand at $2,050, which is approximately 60% below the market rate, offering significant growth potential for an astute investor. Each apartment is self-contained with individual water heaters and central HVAC systems. Utilities are conveniently separately metered for gas and electricity. Tenant amenities include two shared covered garages providing eight parking spaces, additional storage, and coin-operated laundry facilities, plus three extra uncovered parking spaces.
Listing Highlights
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
26831551
Year Built
1995
Total Square Footage
3,963
Lot/Acreage
0.18
County
Los Angeles
Area
623 - Glassel Park
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances: Dishwasher, Disposal
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 8 car
- Parking Spaces: 11
- Zoning: LAC1
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5459014019
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
3911 Verdugo Rd Los Angeles, CA 90065
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