135 N Verdugo Rd
Glendale, CA 91206
Multifamily Property For Sale · 17 Units

The Alexanian Apartment Advisors are pleased to selected to market The GlenVerdugo Apartments for sale, a 17 unit professionally managed community in Glendale. In a high barrier to entry market like Glendale, GlenVerdugo is the only exclusively listed and available 15+ unit apartment buildings built before 2007. A rare opportunity to acquire a pride of ownership, mid-sized asset. One of the lowest cost per unit offered in Glendale, the asset is well stabilized while offering additional cash-flow though upside in rents. The opportunity also exists for a new owner to offer a more updated interior finishes, adding value and increasing their cash flow position. The extremely close proximity to the Americana at Brand, better known as one of L.A.'s premiere dinning, shopping, and entertainment hot spots, is a major plus for tenants. This mid-century building is located on a major thoroughfare, Verdugo Rd, right through the heart of the city. The long term family owners in conjunction with a professional management company, have mutinously maintained the asset. ** For complete offering memorandum, email info@alexanianadvisors.com **