Los Angeles, CA 90065,3911 Verdugo Road
Los Angeles, CA 90065,3911 Verdugo Road
Los Angeles, CA 90065,3911 Verdugo Road
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
$1,849,000
Est. payment /mo
12 Beds
3,963 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,963 sqft

Price per Sqft $466

MLS Listing ID CL25501609

Bedrooms 12

HOA Y/N No

Year Built 1995

Lot Size 8,051 Sqft

Acres 0.18

Property Sub-Type OTHER

Property 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.

Location

State CA

County Los Angeles

Zoning LAC1

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Garage

Exterior

Total Parking Spaces 11

Building

New Construction No

Others

Tax ID 5459014019


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Bridge MLS
Listed by Sevak Keshishian • Marcus & Millichap

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agent

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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