Los Angeles, CA 90065 3911 Verdugo Road

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Presented By: Sevak Keshishian with Marcus & Millichap;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25501609
  • 02/22/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 8
  • SQFT • 3,963
  • Garage • 8

Home Details

We are proud to offer 3911 Verdugo Road, a select multifamily investment located in the Glassell Park neighborhood of Northeast Los Angeles. This distinctive property, built in 1995, features a collection of four units: three 3-bedroom/2-bathroom and one 3-bedroom/2.75-bathroom residences, each approximately 990 square feet. Sitting on a substantial 8,051 square foot lot, the 3,963 square foot building benefits from not being under the Los Angeles Rent Stabilization Ordinance (RSO), allowing for rental increases of 5% plus CPI annually. Current average rents stand at $2,050, which is approximately 60% below the market rate, offering significant growth potential for an astute investor. Each apartment is self-contained with individual water heaters and central HVAC systems. Utilities are conveniently separately metered for gas and electricity. Tenant amenities include two shared covered garages providing eight parking spaces, additional storage, and coin-operated laundry facilities, plus three extra uncovered parking spaces.
Presented By: Sevak Keshishian with Marcus & Millichap;

Interior Features for 3911 Verdugo Road

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInGarage
Total Stories

General for 3911 Verdugo Road

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal
Attached Garage No
Cap Rate3.12
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsCA-2 S/Glendale Fwy, Take exit 15A for Verdugo Rd, Turn left onto Verdugo Rd. Property will be on the right side
Full Baths
Garage Spaces8.0
Garage Y/NYes
Gross Income99036.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8051.0
Lot Size UnitsSquareFeet
MLS Area623 - Glassel Park
MobileHomeRemainsYNNo
Net Operating Income62180.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces3.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
Year Built1995
ZoningLAC1

Exterior for 3911 Verdugo Road

Building Area Total3963.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1848
Lot Size Area8051.0
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking11.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,849,000
MLS#25501609
List Date 02/22/2025
Property Type Multi-Family
Phone 714.742.6515
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