Listed by Chris Smith, Pinnacle Estate Properties, Inc.,

1550 Verdugo Road

Glendale, CA, 91208

$16,000,000

$386 per ft²
$16,000,000
$386 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
62 Beds
baths
60 Baths
carpenters-square
41,448 ft²
property_type
Multi-family
calendar
Built 1950
''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.
MLS® ID:
222004462
Listed:
9/5/22
Updated:
9/30/22

Interior Features

Total Bedrooms
62
Full Bathrooms
60
Floor Description
Carpet, Wood

Exterior/Building Features

Lot Size
2.96 acres lot

Other Property Details

Area Name
627 - Rossmoyne & Verdu Woodlands
Garage
Yes
Garage Spaces
45
Parking
One Space
Parking Total
45.0
View
Y
County
Los Angeles
Pool
No
Total Stories
12
Zoning
GLR4-R1*

Property History

Date
Event
Price
Value
9/22/22
Active Under Contract
-
-

 

Listed by Chris Smith, Pinnacle Estate Properties, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/30/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:01 PM UTC, 9/30/22

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