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Sold for $1,575,000
  • $1,575,000

    3911 Verdugo Rd, Los Angeles, CA 90065

    12beds
    8baths
    3,963sqft
    Multi Family
    Built in 1995
    -- sqft lot
    $1,574,200 Zestimate®
    $397/sqft
    $3,291 Estimated rent

    Home value

    $1,574,200

    $1.43M - $1.73M

    $3,291/mo

    Zestimate® history
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    $3,291/mo

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    $9,986/mo

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    What's special

    Each apartment is self-containedCentral hvac systemsIndividual water heaters
    We are proud to offer 3911 Verdugo Road, a select multifamily investment located in the Glassell Park neighborhood of Northeast Los Angeles. This distinctive property, built in 1995, features a collection of four units: three 3-bedroom/2-bathroom and one 3-bedroom/2.75-bathroom residences, each approximately 990 square feet. Sitting on a substantial 8,051 square foot lot, the 3,963 square foot building benefits from not being under the Los Angeles Rent Stabilization Ordinance (RSO), allowing for rental increases of 5% plus CPI annually. Current average rents stand at $2,050, which is approximately 60% below the market rate, offering significant growth potential for an astute investor. Each apartment is self-contained with individual water heaters and central HVAC systems. Utilities are conveniently separately metered for gas and electricity. Tenant amenities include two shared covered garages providing eight parking spaces, additional storage, and coin-operated laundry facilities, plus three extra uncovered parking spaces.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sevak Keshishian DRE # 01887505 818-726-0922,

    Marcus & Millichap 818-212-2700

    Bought with:

    Sevak Keshishian, DRE # 01887505

    Marcus & Millichap

    Source: CLAW,MLS#: 26831551MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air, Air Conditioning
    Appliances
    • Included: Electric Cooking Appliances, Dishwasher, Disposal, Gas Water Heater
    • Laundry: In Garage
    Interior area
    • Total structure area: 3,963
    • Total interior livable area: 3,963 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Open, Garage - 4+ Car
    • Garage spaces: 8
    • Uncovered spaces: 3
    Features
    • Levels: Two
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 8,049 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5459014019
    • Zoning: LAC1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1995

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $397/sqft
    • Tax assessed value: $537,506
    • Annual tax amount: $7,239
    • Date on market: 5/8/2026
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    7/29/2026Sold$1,575,000-4.5%$397/sqft
    Source: CLAW #26831551 Report a problem
    7/9/2026Contingent$1,650,000$416/sqft
    Source: CLAW #26831551 Report a problem
    7/2/2026Price change$1,650,000-5.7%$416/sqft
    Source: CLAW #26831551 Report a problem
    5/8/2026Listed for sale$1,750,000-5.4%$442/sqft
    Source: CLAW #26831551 Report a problem
    3/18/2025Listing removed$1,849,000$467/sqft
    Source: CLAW #25501609 Report a problem
    2/23/2025Listed for sale$1,849,000+7296%$467/sqft
    Source: CLAW #25501609 Report a problem
    5/13/1997Sold$25,000$6/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,239 +1.8%$548,255 +2%
    2024$7,108 +1.8%$537,506 +2%
    2023$6,980 +4.6%$526,968 +2%
    2022$6,673 +1.5%$516,636 +2%
    2021$6,574 -0.9%$506,507 +1%
    2020$6,632 $501,314 +2%
    2019$6,632 +6.1%$491,485 +2%
    2018$6,252 $481,849 +2%
    2017$6,252 +2.1%$472,402 +2%
    2016$6,121 +3%$463,140 +1.5%
    2015$5,946 +0.6%$456,184 +2%
    2014$5,907 $447,249 +2.5%
    2012-- $436,500 +2%
    2011-- $427,942 +0.8%
    2010-- $424,745 -0.2%
    2009-- $425,755 +2%
    2008-- $417,408 +2%
    2007-- $409,225 +2%
    2006-- $401,202
    2005-- $401,202 +4%
    2004-- $385,626 +1.9%
    2003-- $378,559 +2%
    2002-- $371,137 +23.7%
    2000-- $300,000
    Find assessor info on the county website

    Neighborhood: Glassell Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,574,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,574,200