1860 Verdugo Loma DR new

Glendale,CA 91208

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25178588

HOA Y/N No

Year Built 1957

Lot Size 0.604 Acres

Property Sub-Type Quadruplex

Property Description

Welcome to 1860 Verdugo Loma Drive, a rare fourplex investment opportunity located in the prime North Glendale area. Situated on a generous 26,000+ square foot lot, this asset offers a total of 5,198 square feet of living space, with each spacious unit measuring 1,299.5 square feet. Each unit features two bedrooms and two bathrooms, delivering a comfortable and functional layout.

Built with mid-century charm, the property retains original architectural features visible both inside and out, including accent walls and fireplaces in the living areas. While all units currently share a common laundry room, they do not have washer/dryer inside. Each unit has a one-car covered garage and one open parking space.

Currently, two units on the lower level are available for rent, while the two upstairs units are occupied at below-market rents of $1,400 and $1,600 monthly. Notably, one tenant has been in residence for 30 years, and another for over 10 years, providing a stable rental history.

Photos shared in this listing showcase Unit A, which is somewhat dated but in excellent condition, and Unit B, which is well-maintained but shows more signs of age. Units C and D are in a different condition and are not featured in the photos at this time. We kindly request that prospective buyers respect the privacy of current tenants and refrain from contacting them directly.

Though the property has solid structural bones, it does require deferred maintenance and updates. These conditions are subject to buyer's inspection and verification. However, the property will be sold as-is, with no credit to be provided.

With its excellent location, generous lot size, charming character, and significant upside potential through renovation, this fourplex represents a compelling opportunity for investors seeking to add value in a highly desirable Glendale neighborhood.

Location

State CA

County Los Angeles

Area 624 - Glendale-Chevy Chase/E. Glenoaks

Interior

Interior Features Balcony,Bedroom on Main Level,Main Level Primary

Heating Central

Cooling Central Air

Flooring See Remarks

Fireplaces Type Family Room

Fireplace Yes

Appliance Built-In Range,Dishwasher

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

Fence None

Pool None

Community Features Curbs,Urban

Utilities Available Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

View Y/N Yes

View Mountain(s),Neighborhood

Accessibility See Remarks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Unknown

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5652010041

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Trust

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