1636 N Verdugo Rd - Apartments FOR SALE


Glendale, CA 91208- Verdugo Woodlands
$22,000,000 USD
213-631-8788
1636 N Verdugo Rd, Glendale, CA for Sale
$22,000,000 USD
Apartments - FOR SALE
1/9
null | 4.6% Cap Rate

1636 N Verdugo Rd
Glendale, CA 91208
Verdugo Woodlands


HIGHLIGHTS

  • Excellent Access to Public Transportation
  • Mulitple Community Entertainment Spaces
  • Ample Subterranean Parking
  • Glendale Community College

OVERVIEW

CBRE, Inc. is proud to exclusively present Verdugo Vista, a distinguished multifamily asset nestled in Glendale, California -”The Jewel City." Strategically positioned between Verdugo Vista Drive and Kirkby Road, this exceptional property presents investors with a rare opportunity to acquire a premier holding in one of Southern California's most coveted submarkets. Rising four stories on a ±27,257 SF GLR4-zoned parcel, this 1974-constructed gem encompasses ±59,257 SF of meticulously designed living space. The property's thoughtfully curated unit mix features eighteen one-bedroom/one-bathroom units, thirteen two-bedroom/one-bathroom units, and twenty-seven two-bedroom/two-bathroom units—totaling fifty-eight units that cater to diverse tenant profiles.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$371 USD /SF

# OF UNITS

58

PRICE/UNIT

$379,310

CAP RATE

4.6%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verdugo Vista

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1974

PARKING SPACES

87

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,257 SF

ZONING

GLR4YY

APN/PARCEL ID

5652-011-027

ASK ABOUT THIS PROPERTY

Jenny EngCBREMore Info
213-631-8788

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Jenny EngCBREMore Info
213-631-8788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.