CBRE, Inc. is proud to exclusively preset 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.
Northern Glendale's crown jewel offers unparalleled connectivity, with seamless access to the I-134 and I-2 freeways placing the entire region within effortless reach. Residents enjoy an enviable lifestyle surrounded by top-rated public schools, world-class dining destinations, artisan bakeries, specialty coffee houses, and essential services along bustling corridors connecting Burbank and Pasadena. The iconic Americana at Brand, Glendale Galleria, and vibrant downtown Glendale elevate the location's appeal to exceptional heights.
While Glendale remains free from citywide rent control ordinances, the property operates under AB-1482 guidelines. With robust market fundamentals anchoring its performance, 1636 N Verdugo Road represents an outstanding acquisition for investors pursuing appreciation potential, reliable cash flow, and a proven inflation hedge in one of California's most resilient markets.