135 N Verdugo Road

Glendale, CA
$ 5,800,000 Beds 17 Baths 17
Monthly Estimate* How much can I afford?

We are pleased to present the GlenVerdugo apartments, a well appointed 17 unit community in Glendale. Extensive modernization and remodel efforts have resulted in a stabilized asset in high demand. With the current in place NOI, an investor could obtain 60% LTV I.0. and achieve 5.1% return cash on cash. The current ownership has gone through great lengths and capital improvements to offer tenants a warm and inviting community including a courtyard lounge and BBQ area, lighting package, signage, secured access and parking just to name a few. 10 of the 17 units have been completely remodeled, the remaining units on turnover will allow the new buyer to realize even greater rate of return on their investment. The GlenVerdugo is a one of a kind unique asset, located within minutes to Americana at Brand & Galleria, is highly walkable with a 89 Walk-Score, and immediate access to the 2, 5, and 134 freeways. There is a large affordability gap in Glendale, $995,000 is the median home sales price with majority of residents being renters. The strong fundamentals, highly regarded police & fire departments, blue ribbon schools, and strong workforce, historically low vacancy - all lend to the continued desire to invest in Glendale. *** For full offering memorandum email or call listing agent ***

Income

  • Price
  • $ 5,800,000
  • Lot Size
  • 0.39 Acres
  • Bedrooms
  • 17
  • Full Bathrooms
  • 17
  • Half Bathrooms
  • 0
  • City, Zip
  • Glendale
  • County
  • LOS ANGELES
  • Style
  • Area
  • MLS#
  • SR21032027
  • Zip
  • 91206
Listing Provided by: Levon Alexanian with Keller Williams World Media Center.
Data Source: California Regional MLS (CRMLS) - 25 - CA

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Newport Beach, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School
Middle School
High School

Price History

2/17/2021 Listed $6,250,000

Property vs Zip Code Average in 91206

Price
AVG $950K
$6.25M

Map

Areas That We Cover

135 N Verdugo Road Glendale, CA is a Single Family Home for sale at $6250000 and a lot size of 0.39 Acres Acre(s). 135 N Verdugo Road Glendale has 17 bedrooms, 17 baths . The property's zip code is 91206 which is in Glendale, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.