1100 N Verdugo Rd
1100 N Verdugo Rd
- Multifamily
Sold :
$2,100,000 - $525,000 P/Unit
Aaron Voskani
Commercial Real Estate Agent
+1 818-263-5687
[email protected]
Buying or selling commercial property?
Contact Aaron Voskani
Property Details
We represented the buyer in this transaction on 1100 N Verdugo Road. It was a four unit multifamily property with a going in Cap Rate of 3.9%. The unit mix consisted of 2 two bedroom one bathroom units and 2 one bedroom one bathroom units.
The property had garage parking with five spots for the current tenants. The units were all currently being rented at below market rent, allowing our buyers to come in and immedieatly add value to their investment.
Property Information
Property Type
Multifamily
Lot Size
7,245 SF
Asking Price/Sale Price
$2,300,000/$2,100,000
Parcel
5665-002-006
Zoning
GLR4
Building Size
4,122
Year Built
1948
Sale Type
Buyer Rep
Use Code
Residential Apartments
Price Per Door
$525,000
Sale Date
Feb 7, 2024