$2,999,995

415 S Verdugo Rd Glendale, CA 91205

0.2 acres
Multi-Family

Property details

About 415 S Verdugo Rd

INTRODUCING A RARE OPPORTUNITY!! FOUR STAND-ALONE UNITS IN GLENDALE! Two of the units that were existing have been remodeled COMPLETELY (Fully gutted down to the studs and rebuilt in 2023, incl.complete roof change and earthquake retrofitting), and the other 2 units have been newly built (both completed in 2024) All 4 units have high-end premium finishes as shown in the pictures and as will be seen during the property walkthrough. ANYTHING and EVERYTHING on the property has been changed, replaced, and renewed according to the latest building codes. This incl. ALL electrical, plumbing, and mechanical work. The permits obtained and completed can be viewed on the City of Glendale's designated website. Fresh concrete was also poured in July 2024. The front unit is 1bed/1bath, at 738 sqft. The second unit is a 1 bed/1.5 bath at 743 sqft. w/ SOLAR panels. The third unit is a 2bed/2bath at 916 sqft. The fourth unit is a 1bed/1.5 bath at 743 sqft. w/SOLAR panels. (Buyer to complete his/her own due diligence for verification of the provided details). Each unit comes w/1 parking spot and 1 additional parking spot still vacant to be utilized at owner's discretion. Each unit comes w/brand new appliances of stove and range hood/microwave. As expected, each unit has its own address, power and gas meters, w/water being the only shared meter as per current standards. The first, second and fourth units were rented in 2024, and the third unit is occupied by the owner and will be delivered VACANT for owner-occupation or renting it out for additional income! Total collected rent WITHOUT the owner's unit is approx. $7,900. Projecting a $3,500 rental value for the owner's unit would mean a total approx. gross rental income of $11,400 per month! All current tenants have been fully vetted and verified by the owner. DON'T MISS THE CHANCE TO SECURE THIS INCOME-PRODUCING ASSET!

Highlights

Home typeQuadruplex
HeatingCentral, Solar
StatusActive
CoolingCentral Air
Lot size0.1805 Acres
Year built1941
ParkingAssigned
MLS #GD25017426

Summary

  • MLS Number: GD25017426
  • MLS Name: CRMLS
  • Office Name: X-Change Realty & Investments
  • Office Phone: (818) 422-9200
  • Listing Agent: Dikran Jamgocyan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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415 S Verdugo Rd

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Price information

Property sales

DateEventPrice
Mar 09, 2022
Home Sold
$1,000,000
May 30, 2013
Home Sold
$462,000

Tax history

YearAssessmentProperty Tax
2024$1,040,400$11,570
2023$1,020,000$11,306
2022$536,095$6,080
2021$525,584$5,974
2020$520,196$5,748
2019$509,997$5,594
2018$499,998$5,507
2017$490,195$5,507

History based on county public records data.

Nearby schools

7

John Muir Elementary School

Public District KG-6

0.5 mi

912 S Chevy Chase Dr

4

John Marshall Elementary School

Public District KG-5

0.5 mi

1201 E Broadway

8

Horace Mann Elementary School

Public District PK-5

1.0 mi

501 E Acacia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,761. Most Glendale, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

54%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
44%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • AudiAudi
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 415 S Verdugo Rd in Glendale, CA and zip code 91205 in the Somerset neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $2,999,995.

While more than 18 listings in Glendale, CA in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. Between January and February 2025, Glendale, CA real estate market has seen increase in the number of listings by 13.2%. The median list price of listings available in February 2025 was $1,152,857, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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