4601 Verdugo Rd, Los Angeles, CA 90065
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4601 Verdugo Rd Los Angeles, CA 90065

$859,000 Sold Price as of 02/10/2021
  • 4 Beds
  • 3 Baths
  • 2,073 Sq.Ft.
Sold
$859,000 Sold Price as of 02/10/2021 Refinance Your Mortgage

Map preview of 4601 Verdugo Rd, Los Angeles, CA 90065

Property Overview: 4601 Verdugo Rd Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,073 living square feet and 6,288 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a great opportunity to own a home while also earning extra income at the same time! Live in the front house and rent out the 2 units in the back! Or rent all 3 and get top dollar for this sought out location bordering Glendale. These units are ideal for first-time investors or homeowner. This 3 unit building is located in a prime location located close to downtown L.A., Pasadena, and Burbank. The first front home features 2 bedrooms and 1 bath and the other 2 units each are 1 bedroom and 1 bathroom. Each unit has a detached, single car garage plus street parking with easy access to the 2, 5, 134, and 210 freeways. Located close to schools, shops, and stores plus located near the bus line.

Listed by JOE FUSCO | BRE #00958552 | REALTY MASTERS & ASSOCIATES
Last checked: 1 second ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
6,288
HOA Dues
$0/mo
Year built
1951
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
CV20120878
City
Los Angeles
County
Los Angeles
Time on Site
1204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,760
  • Total Rent: $21,120
  • Pro Forma/Market Rent: $21,754
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,093
  • Total Rent: $13,116
  • Pro Forma/Market Rent: $13,509
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,093
  • Total Rent: $13,116
  • Pro Forma/Market Rent: $13,509
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.74%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $47,352
  • Net Operating Income: $31,735
  • Gross Operating Income: $47,352
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: $15,615
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $300
  • New Taxes: $9,775
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $600
  • Insurance: $1,100
  • Maintenance: $600
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $3,240

Property Details for 4601 Verdugo Rd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Room Information
  • Flooring: Carpet, Laminate, Wood
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Main Floor Bedroom, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Block Walls, Ceramic Counters, Copper Plumbing Full, Open Floorplan
  • Levels: One, Two
  • Window Features: ENERGY STAR Qualified Windows
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Chain Link
  • Other Structures: Second Garage Detached
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Gentle Sloping, Lawn, Lot 6500-9999, Rectangular Lot, Treed Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5679024002
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Parking
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: N of S Adams / w of 2 fwy Located between Orillia Ave and Palmer Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel, Maintained
Neighborhood Information
  • Community Features: Biking, Dog Park, Golf, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 4601 Verdugo Rd

Last sold for $859,000 on February 10th, 2021
  • February, 2021

  • Feb 11, 2021

    Date

    Sold

    CRMLS: CV20124048

    $859,000

    Price

  • Jan 31, 2021

    Date

    Active Under Contract

    CRMLS: CV20124048

    $859,888

    Price

  • Nov 19, 2020

    Date

    Price Change

    CRMLS: CV20124048

    $859,888

    Price

  • Nov 19, 2020

    Date

    Active

    CRMLS: CV20124048

    $849,888

    Price

  • Oct 19, 2020

    Date

    Active Under Contract

    CRMLS: CV20124048

    $849,888

    Price

  • Oct 9, 2020

    Date

    Active

    CRMLS: CV20124048

    $849,888

    Price

  • Jul 21, 2020

    Date

    Hold

    CRMLS: CV20124048

    $849,888

    Price

  • Jun 26, 2020

    Date

    Active

    CRMLS: CV20124048

    $849,888

    Price

  • Listing provided courtesy of CRMLS

  • February, 2021

  • Feb 11, 2021

    Date

    Sold

    CRMLS: CV20120878

    $859,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: CV20120878

    $859,888

    Price

  • Nov 19, 2020

    Date

    Price Change

    CRMLS: CV20120878

    $859,888

    Price

  • Nov 19, 2020

    Date

    Active

    CRMLS: CV20120878

    $849,888

    Price

  • Oct 19, 2020

    Date

    Active Under Contract

    CRMLS: CV20120878

    $849,888

    Price

  • Oct 12, 2020

    Date

    Active

    CRMLS: CV20120878

    $849,888

    Price

  • Jul 21, 2020

    Date

    Hold

    CRMLS: CV20120878

    $849,888

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: CV20120878

    $849,888

    Price

  • February, 2021

  • Feb 10, 2021

    Date

    Sold (Public Records)

    Public Records

    $859,000

    Price

  • December, 2017

  • Dec 1, 2017

    Date

    Expired

    CRMLS: 317006275

    $869,000

    Price

  • Oct 15, 2017

    Date

    Price Change

    CRMLS: 317006275

    $869,000

    Price

  • Sep 2, 2017

    Date

    Active

    CRMLS: 317006275

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful investment opportunity located in one of the most desired neighborhood bordering Glendale, ideal for first-time investor or owner-user. This 3 unit building is conveniently close to downtown L.A., Pasadena & Burbank. The first unit features 2 bedrooms and 1 bath. The 2nd unit has 1 bedroom and 1 bath and the 3rd unit has 1 bedroom and 1 bath. This well-cared rental has detached 3, one car garages plus street parking and close and easy access to Freeways 2, 5 (N&S) the 134, 210 (E&W). Walking distance to a Delevan Drive Elem. School and near to shops and stores plus along the bus line.

  • December, 1996

  • Dec 31, 1996

    Date

    Sold (Public Records)

    Public Records

    $170,000

    Price

Show More

Tax History for 4601 Verdugo Rd

Assessed Value (2020): $310,963
Year Land Value Improved Value Assessed Value
2020 $229,216 $81,747 $310,963

Home Value Compared to the Market

This property vs the competition

4601 Verdugo Rd sold on February 10, 2021 for 18.11% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $414.8 per/sqft which puts the price per square foot 43.79% lower than the current median sale per square foot for the city of Los Angeles.

About 4601 Verdugo Rd

Detailed summary of property

4601 Verdugo Rd is a triplex that recently sold in Los Angeles, CA 90065. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,073 living square feet, and sits on an approximately 6,288 square foot lot. 4601 Verdugo Rd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $859,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.11% lower than the current median priced home. Local homes that are currently for sale include 2415 Gates St, 2230 Gates St and 3611 El Sereno Ave. While the average home in Los Angeles, CA is selling in 96 days, 4601 Verdugo Rd has a days on market of 84 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4601 Verdugo Rd Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4601 Verdugo Rd

Public county record property details
Beds
3
Baths
3
Year built
1951
Sq. Ft.
2,073
Lot Size
6,288
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5679-024-002

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,049,752
Median Sold Price/Sq.Ft.
$844
Total Inventory
76
Median Sale to List Price %
105.19%
Avg Days on Market
24
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (17.65%), Other (11.76%)

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Related Resources to 4601 Verdugo Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.