Active
3911 Verdugo Rd
Los Angeles CA, 90065
$1,849,000
$466.57 per sqft
Active
12 Beds
8 Baths
3,963 sqft
Multi-family
Built in 1995
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.
25501609
MLSⓇ ID
February 22, 2025
Listed
March 1, 2025
Updated
Interior Features
Total Stories
0
Bedrooms
12
Total Bathrooms
8
Appliances
Dishwasher, Garbage Disposal
Laundry Description
Garage
Fireplace
No
Cooling
Yes
Cooling Description
Central, Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.18 Acres
Other Property Details
Area Name
Glassell Park
Days on Market
8
Garage
Yes
Garage Spaces
8
Parking
Uncovered, Garage - 4 Car
Parking Total
11
View
No
County
Los Angeles
Pool Features
None
Zoning
LAC1
Listed by Sevak Keshishian with Marcus & Millichap
Listing Contact: 818-726-0922
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lexi Newman Team | Lexi Newman | CA DRE# 01967405 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/1/2025