3911 Verdugo Road,Los Angeles, CA 90065
Los Angeles, CA 90065
Description
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.
Details
| MLS # | 25501609 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 135 |
| Listing Provided By | Marcus & Millichap | Sevak Keshishian |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 3,963 |
| Garage | 8 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAC1 |
| Acreage | 0.18 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Disposal |
Parking
| Parking Features | Uncovered |
|---|---|
| Garage Yes / No | Yes |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90065 |
| Area | 623 Glassel Park |
 | $1,598,0004111 Scandia WayLos Angeles, CA 90065 |