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29329907
29329908

1636 N Verdugo Rd, Glendale, CA 91208

JE
CA CA 01931224
CBRE LA
HH
CA 02242652
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA
$21,000,000
148 days on market
Updated 7 days ago

Verdugo Vista

Details
APN 5652-011-027
Property Type Multifamily
Sub Type Apartment Building
Square Footage 59,257
Units 58
Cap Rate 5%
NOI $1,050,110
Occupancy 98%
Price per SqFt $354
Year Built 1974
Buildings 1
Stories 5
Lot Size (SqFt) 27,257
Zoning GLR4
Parking Spaces spaces
Investment Type Stabilized

For Sale | 58 Units | In-Place 5% Cap | Prime of Ownership

Marketing description

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.

Investment highlights

Excellent Access to Public Transportation

Multiple Community Entertainment Spaces

Ample Subterranean Parking

Glendale Community College

Listing Contacts

JE
CA CA 01931224
CBRE LA
HH
CA 02242652
CBRE LA
EM
CA Lic. 01358783
CBRE LA
Listed by CBRE LA

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,050,110.00
$87,509.17/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Zoning

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R-2250 ResidentialMulti FamilyMedium Density Residential
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View all 39 uses
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Jenny Eng
License
CA 01931224
Brokerage
CBRE
Brokerage Phone
8189074606
Title
First Vice President
Brokerage Address
234 South Brand Boulevard
Name
Hannah Hampton
License
02242652
Brokerage
CBRE
Brokerage Phone
8056303890
Title
Sales Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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