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

241 N Verdugo Road, Glendale, California 91206 home-pic-0
ACTIVE$949,000
241 N Verdugo Road, Glendale, California 91206
0Bed
0Bath
1,222Sqft
6,578Lot
Year Built
1921
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$777
HOA
-
Days on market
-
Sold On
-
MLS number
GD25149492
Home ConditionPoor
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $949.0K(43th), sqft - 1222(29th), beds - undefined(50th), baths - undefined(50th).

Duplex in prime Glendale! This property is commercially zoned and includes 2 fixer units each with standalone 1 bedroom/1 bath and two private backyards. Great investment for commercial, residential and/or owner-occupied use! 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
Poor
The property was built in 1921, making it over 100 years old. The listing explicitly describes both units as 'fixer units' and the property analysis notes 'Fixer Condition' and 'Age of Property' as weaknesses, indicating a need for 'substantial renovation and capital investment' and implying 'outdated infrastructure' and 'potential for costly repairs.' While no interior images are provided to assess kitchen and bathroom conditions directly, the 'fixer' designation strongly suggests these areas, along with other major systems, are in very poor, outdated, or potentially non-functional condition, requiring extensive rehabilitation. This aligns with the 'Poor' category, which describes properties requiring substantial repairs and rehabilitation due to significant defects or outdated major components.
Pros & Cons

Pros

Development & Expansion Potential: The property offers significant development opportunities, including potential for one or two ADUs, and the unique chance to acquire contiguous properties for a larger development of up to 16 residential units.
Prime & Central Location: Strategically located in prime Glendale, with excellent proximity to schools, supermarkets, restaurants, and vibrant cultural hubs like Silver Lake, Atwater Village, Burbank, and Walt Disney Studios.
Commercial Zoning & Versatility: Commercially zoned, providing flexible usage options for residential, commercial, or owner-occupied purposes, appealing to a wider range of investors and end-users.
Income-Generating Duplex: As a duplex with two standalone 1-bedroom/1-bath units, it offers immediate income potential, even in its current 'fixer' state, and includes private backyards for each unit.
Large Lot Size: The generous 6,578 sq ft lot size provides ample space for the mentioned ADU development and contributes to the overall value and future potential of the property.

Cons

Fixer Condition: Both units are described as 'fixers,' indicating a need for substantial renovation and capital investment to bring them to modern standards and maximize rental income or resale value.
Age of Property: Built in 1921, the property is over a century old, which may imply outdated infrastructure, potential for costly repairs, and compliance issues with current building codes.
Limited Parking: The property includes only a '1-large-car garage,' which may be insufficient for a duplex, especially if an ADU is added, potentially leading to parking challenges for tenants or residents.

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