241 N Verdugo Road, Glendale, California 91206, Glendale, 91206 - bed, bath

241 N Verdugo Road, Glendale, California 91206 home-pic-0
ACTIVE$899,999
241 N Verdugo Road, Glendale, California 91206
0Bed
0Bath
1,222Sqft
6,578Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Centrally located in Glendale, near schools, supermarkets, restaurants, Silver Lake, Atwater Village, downtown Glendale, Burbank, Walt Disney Studios and the Rose Parade route.
Top Cons:
Fixer Units: Both units are in need of repair, requiring immediate investment.

Compared to the nearby listings

Price:$900.0K vs avg $1.15M ($-250,001)29%
Size:1,222 sqft vs avg 1,647 sqft29%
Price/sqft:$736 vs avg $69857%

More Insights

Built in 1921 (104 years old).
Condition: The property was built in 1921 and is described as a 'fixer'. The images show the exterior is aged. While the property appears to be maintained, the kitchens and bathrooms are likely outdated and require updates. Therefore, a 'fair' condition score is appropriate.
Year Built
1921
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$736
HOA
-
Days on market
-
Sold On
-
MLS number
GD25167386
Home ConditionFair
Features
Good View: None
View-

About this home

Duplex in prime Glendale! Great investment for commercial, residential and/or owner-occupied use! This property is commercially zoned and includes 2 fixer units each with standalone 1 bedroom/1 bath and two private backyards. Additional highlights include a 1-large-car garage, a potential ADU development opportunity or possibly even the ability to build a 2nd ADU in the backyard. There is also the opportunity to buy 1or 2 contiguous properties next door, currently listed for sale, with the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village, downtown Glendale, Burbank, Walt Disney Studios and the Rose Parade route. This treasured duplex reflects true pride of ownership and is a superb investment property that will not last long in this hot market!

Condition Rating
Fair

The property was built in 1921 and is described as a 'fixer'. The images show the exterior is aged. While the property appears to be maintained, the kitchens and bathrooms are likely outdated and require updates. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Prime Location: Centrally located in Glendale, near schools, supermarkets, restaurants, Silver Lake, Atwater Village, downtown Glendale, Burbank, Walt Disney Studios and the Rose Parade route.
Commercial Zoning: Commercially zoned, offering flexibility for commercial, residential, or owner-occupied use.
Development Potential: Potential for ADU development or building a 2nd ADU in the backyard.
Investment Opportunity: Opportunity to buy contiguous properties for potential development of up to 16 residential units or condos.
Dual Income Potential: Features two separate units, each with 1 bedroom and 1 bathroom, providing immediate rental income.

Cons

Fixer Units: Both units are in need of repair, requiring immediate investment.
Age of Property: Built in 1921, the property may require updates to meet modern standards and codes.
Limited Parking: Only includes a 1-car garage, which may be insufficient for tenants or commercial use.

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