We are pleased to present for sale an amazing Spanish-style 4-unit rental property in prestigious Northern Glendale. Located in close proximity to Montrose and La Canada Flintridge, this pride of ownership property offers a timeless blend of vintage charm and modern comfort. Each of the generously sized 2-bedroom + 1 bathroom units features abundant natural light, gleaming hardwood floors, and updated kitchens and bathrooms. Enjoy the convenience of in-unit washer/dryer hookups and year-round comfort with central HVAC. Some units have covered porch areas as an extension of the living space, while the property's mature, drought-friendly landscaping adds to its curb appeal. The architectural beauty with its detailed design, metalworks and archways makes this piece of real estate truly unique amongst investment properties. Adding to its classic and timeless look the building boasts an updated main electrical system, copper plumbing, as well as being meticulously maintained. Two driveways lead to the rear of the property where an additional structure offers enclosed garages that can fit 5 cars. Buyer to investigate the potential for an ADU conversion. One unit is currently vacant, making this a great owner-user opportunity or rent out at top market rent. Properties like this rarely trade, so don't miss the opportunity to acquire this real estate gem. The rent of $2900 is a projected, market rent on the vacant unit #1762. Please respect the tenants and their privacy and do not drive on driveways or walk to the rear of the property.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
9,977 Sq. Ft.
Year renovated
1940
Sq. Ft.
4,508
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5652018001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R 2250
Medium Density Residential Zone
The R-2250 zone is intended primarily as a zone for medium density residential development with a minimum of 2,250 square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to promote medium size garden type multiple dwelling residential developments which are efficient and attractive in order to promote the health, safety and general welfare. Wireless telecommunication facilities are disfavored from locating in this zone, permitting these facilities only when no feasible alternatives site exists or when a denial would constitute a prohibition on the provision of the affected telecommunications service.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Oct 8, 2015 • Final
Electrical permit (legacy)
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Detached, 4+ Car Garage, Garage Is Detached
# of Garage Spaces: 5
Parking
# of Parking Spaces (Total): 5
Interior
Laundry Information
Laundry in Unit
Flooring Information
Hardwood Floors
Equipment
Dryer, Washer, Refrigerator, Range/Oven
Heating & Cooling
Central Cooling
Central Heat
Multi-Unit Income
Gross Income: 116460
Gross Operating Income: $112,966
Net Operating Income: $65,662
Multi-Unit Expenses
Total Annual Expense: $47,304
Multi-Unit Other Financial Information
Gross Rent Multiplier: 21.46
Vacancy Rate: 25
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1
Type Of Units: 2+1
# of Buildings: 1
Has Water Heaters: True
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Projected Rent: $2,900
# of Units: 1
Exterior
Building Information
Total Floors: 2
Two Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: Other
Lot Information
Lot Size (Sq. Ft.): 9,982
Lot Size (Acres): 0.2292
Zoning: GLR4-L
Financial
Assessment Information
Assessed Total Value: $620,775
Assessed Land Value: $490,097
Assessed Land %: 78.95
Assessed Improvement Value: $130,678
Assessed Improvement %: 21.05
Assessor Parcel Number: 5652-018-001
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: North on Verdugo Rd. Located on SE corner of Verdugo and Crestmont Ct.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 4,508
Stories: —
Lot Size: 9,977 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1940
County: Los Angeles County
APN: 5652018001
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Verdugo Woodlands Elementary School
Public K-6 • Assigned • 0.1mi
9/10
Woodrow Wilson Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Glendale High School
Public 9-12 • Assigned • 2.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...