3911 Verdugo Road, Los Angeles, CA 90065 - Berkshire Hathaway HomeServices California Properties
3911 Verdugo Road Los Angeles, CA 90065
$1,849,000 12 beds, 8 baths
3, 963 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25501609
List price is $1,849,000
Beds: 12
Baths: 8
Built in 1995
3,963 sqft
2 stories
0.18 acres
Lot size: 0.1848
County: Los Angeles
Zoning: LAC1
Appliances: Dishwasher,Disposal
Parking description: Uncovered
Heating/cooling: Central Air
Heating description: Central
MLS area: 623 - Glassel Park

Last Updated: 3/1/2025

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This listing belongs to the 623 - Glassel Park MLS area

Lat/Long: 34.121610, -118.230420.
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Listing Agent: Sevak Keshishian
Lic#: 01234982
Office Name: Mission Viejo

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