3911 Verdugo Rd, Los Angeles, CA, 90065

USD 1,750,000
For Sale

Property Details

Bedrooms

12

Bathrooms

8

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 12 • Bathrooms: 8 • Square Feet: 3963 • Lot/Size: 8,051 sqft lot

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

Location

Address

3911 Verdugo Rd, Los Angeles, CA, 90065

City

Los Angeles

Features and Finishes

Year Built: 1995; [object Object]; [object Object]; [object Object]

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