$ 1,500,000
3214 Verdugo RD Los Angeles, CA 90065
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$ 1,500,000
Est. payment | /mo
10 Beds
8 Baths
6,053 SqFt
$ 1,500,000
Est. payment | /mo
10 Beds
8 Baths
6,053 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,053 sqft
Price per Sqft $247
MLS Listing ID 24443531
Bedrooms 10
HOA Y/N No
Year Built 1948
Lot Size 0.459 Acres
Acres 0.4592
Lot Dimensions Assessor
Property Description
We are proud to present this exceptional investment opportunity: an 8-unit multi-family property located in the heart of Glassell Park! The seller is open to carrying financing for qualified buyers. This property features 100% single-story units spread across an expansive 20,002 square-foot lot. Seven of the eight units were constructed between 1948 and 1952, while one unit dates back to 1921.The property comprises five detached buildings, offering (6) 1-bedroom, 1-bath units, (1) 2-bedroom, 1-bath unit, and (1) 2-bedroom, 1-bath unit with a den. Totaling approximately 6,053 rentable square feet, the property also includes both carport/2 car garage and ample on-site parking for tenants. The property is individually metered for Water, Gas, and Electric, allowing for minimal landlord expenses. For the savvy investor, there's significant value-add potential, including the possibility of adding ADUs, with an estimated upside of 135% (buyer to verify feasibility). The property is zoned RD2-1-CDO-HCR.Situated in the vibrant core of Glassell Park, this property boasts a walk score of 76, meaning most daily errands can be done on foot. It's strategically positioned near Glendale, Atwater Village, Highland Park, and Eagle Rock, and just minutes from Silver Lake, Echo Park, and Downtown LA.**Disclosure:** Buyers are encouraged to conduct thorough due diligence, including verification of building square footage, lot size, legal bedroom/bathroom count, parking, unit mix, year built, zoning, market rents, and ADU or additional unit feasibility.**PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PROPERTY-DRIVE BY ONLY**
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LARD2
Interior
Fireplace No
Exterior
Garage Carport, Door-Multi, Garage
Garage Spaces 2.0
Carport Spaces 6
Garage Description 2.0
Parking Type Carport, Door-Multi, Garage
Total Parking Spaces 8
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5456002012
Special Listing Condition Standard
Listed by Eric Dilanian • Remax Commercial and Investment Realty
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Valerie Castle
Partner | Lic# DRE# 01065018/02178736