$16,200,000
$16,000,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1550 Verdugo RD Glendale, CA 91208
62 Beds
60 Baths
41,448 SqFt
Key Details
Sold Price $16,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 41,448 sqft
Price per Sqft $390
Subdivision Not Applicable - 1007242
MLS Listing ID 222004462
Sold Date 11/18/22
Bedrooms 62
Full Baths 60
HOA Y/N No
Year Built 1950
Lot Size 2.958 Acres
Property Description
''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.
Location
State CA
County Los Angeles
Area 627 - Rossmoyne & Verdu Woodlands
Zoning GLR4-R1*
Interior
Flooring Carpet, Wood
Fireplace No
Exterior
Garage One Space
Garage Spaces 45.0
Garage Description 45.0
View Y/N Yes
View City Lights, Mountain(s)
Parking Type One Space
Total Parking Spaces 45
Private Pool No
Building
Story 12
Entry Level One,Two
Level or Stories One, Two
Others
Senior Community No
Tax ID 5652009001
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with Chris Smith • Pinnacle Estate Properties, Inc.