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

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