1129 North Verdugo Road, Glendale, CA 91206

3 Units
Sale Price $1,085,000

Property Highlights

  • Beautiful well located Triplex in Glendale

  • Non Rent Control (*subject to Ordinance #5922)

  • Rents approximately 24% below market

  • 21.5% Average Annual Return (w/ 7% Annual Rent Increase)

  • 4.94% Market Cap

  • 14.39 Market GRM

  • Perfect Owner/Occupied Property Opportunity

  • 2 Garages w/ Driveway Parking

Americana at Brand

This listing is only a couple of miles from the Americana at Brand, a shopping destination for people through-out Los Angeles and a catalyst for the acceleration of the entire Glendale community. Apartments in the area of the Americana at Brand (displayed to the left) achieve rents that are approximately 30% above market and are currently 98% leased.

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