We are pleased to present 4254 Verdugo Road; a well-maintained triplex investment property located in the Glassell Park area of Northeast Los Angeles. The propertyoffers an attractive combination of immediate owner-user potential, in-place rental income, and future income growth, making it an appealing opportunity for bothinvestors and owner-users. The property features a vacant 2-bedroom/1-bathroom front house built in 1926, while the rear two units were built in 1986 and are exempt from the City of Los AngelesRSO. The rear units include a 2-bedroom/1.5-bathroom unit that was recently remodeled and a 1-bedroom/1-bathroom unit. Each unit has its own water heater, washer/dryer hookups, electrical and gas meters. The front house and rear duplex also benefit from separate water meters, providingutility separation and expense control. The front house and rear duplex were painted in 2023, and the roof for the front house was completely replaced in 2021.The property is ideally positioned in Glassell Park, a Northeast Los Angeles neighborhood known for its residential character, convenient location, and continuedrevitalization. Located along Verdugo Road near the Glendale border, residents enjoy easy access to local restaurants, coffee shops, markets, and retail, with nearbyAtwater Village, Highland Park, Eagle Rock, and Glendale offering additional dining, shopping, and entertainment. Convenient access to the CA-2 and CA-5 Freewaysprovides connectivity to Downtown Los Angeles, Pasadena, Glendale, Burbank, Silver Lake, Los Feliz, and surrounding communities.
Multi-familyProperty Type
1926Year Built
6,362 sq ftLot Size
$467Price/Sq.Ft.
1 spaceParking
Listed by Sevak Keshishian•DRE #01887505• Marcus & Millichap
Adams Square, located between the Verdugo Mountains and the Los Angeles River corridor, is a residential and commercial Glendale neighborhood with a walkable main street and a foothill backdrop. The neighborhood’s character concentrates along the Adams Square mini-district on Adams Street near Palmer Avenue, where sidewalk patios, small storefronts, and local service counters keep the block active. Spanish Revival and mid-century houses sit on tidy, sloped streets that rise toward the hills. Community pillars include Kafn Coffee Bar, The Famous, and the historic Adams Square Mini Park as a casual gathering point. A short drive links to Brand Park’s trails and the Deukmejian Wilderness Park gateway, balancing café culture with open-space routines.
Provided by Walk Score and Local Logic
Offer insights
4254 Verdugo Rd · $1,250,000
$1.28M and above
75% chance or better to win
Why $1.28M+ is a strong offer
DAYS ON MARKET
16 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Hood fan
Garbage disposal
Range/oven
Bedrooms
One 1-bedroom unit
One 2-bedroom unit
One 2-bedroom unit (second 2-bed unit)
Bathrooms
One 1.0-bath unit
One 1.0-bath unit
One 1.5-bath unit
Kitchen
Range/oven
Hood fan
Garbage disposal
Laundry & utility
Water heaters present
Heating & cooling
Central heat
Central cooling
Wall unit cooling
Exterior features
No additional structures
Home design
Residential income property
Two-level building (2 total floors)
Parking
Driveway parking
Construction
Zoning: LARD1.5
Utilities
Water heaters present
HOA & community
Three units in the complex (total)
Financial info
Gross income: 81,000
Gross operating income: $78,570
Net operating income: $52,994
Total annual expenses: $25,728
Cap rate: 4.24%
Gross rent multiplier: 15.43
Vacancy rate: 1% (vacancy allowance $2,430 / 3%)
Income reported as Actual
Other
Property contains 2 buildings
Unit details: Unit 1 — 1 bed, 1 bath, rent $1,450 (actual), projected $1,900; Unit 2 — 2 beds, 1 bath, projected rent $3,000; Unit 3 — 2 beds, 1.5 baths, rent $2,300 (actual), projected $2,600
Electricity and solar
View estimated energy costs and solar savings for this home
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