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Tudor-Style Duplex With Garages
For Sale
$1,415,000

1617 N Verdugo RD, Glendale, CA 91208

Two-story duplex with two private 2-car garages, in-unit laundry, central heating and air, and two parking spaces per unit plus extra parking.

Days on Market40

Property Features for 1617 N Verdugo RD

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Building Size 2,606 SF
Year Built 1940
Listing Agency: BHHS California Properties
Listed By: Carol Kurachi
Source: Milsteinestates
Added: Jun 22 Changed: Jul 28 Last Checked: Jul 30 at 10:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS California Properties

Investment Insights

Based on property information with market context.

A charming Tudor/English cottage-style duplex presents two spacious, well-kept two-story units. The exterior features steep gabled rooflines, decorative half-timber detailing, dormer windows, and a stucco exterior. Each unit offers 2 large bedrooms, 1 full bathroom, and 1 half bathroom, along with hardwood floors, central air and heat, interior wrought-iron handrails, and excellent storage.

Inside each unit, tenants have private laundry and kitchen appliances including a dishwasher, and washer/dryer. A major convenience is the private 2-car garage for each unit, with stairs that lead directly into the unit, plus approximately 200 square feet of additional storage inside each garage.

Ample parking supports day-to-day use, with approximately 3 additional parking spaces per unit in addition to the private garages. The total building size is approximately 2,606 square feet, and the property is being sold with two tenants in place. Located one block from Glendale Community College, the duplex also offers proximity to shopping, restaurants, transportation, and easy freeway access; buyers are advised to verify zoning, square footage, and any rent control requirements.

Key Highlights

  • 1940‑built two‑story duplex in Glendale with Tudor/English cottage‑style character and stucco exterior
  • Two spacious units: each has 2 bedrooms, 1 full bath and 1 half bath
  • Each unit includes central heat and air, hardwood floors, in‑unit washer/dryer, and dishwasher

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $86.0k $33.00
− Vacancy −$5.3k −$2.04
EGI $80.7k $30.96
− OpEx −$24.2k −$9.29
NOI $56.5k $21.67
2,606 SF · lease $33.00/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$806.9K
$706.1K – $941.4K (±1% cap)
NOI $56,484 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$700.7K
$613.1K – $817.5K (±1% cap)
NOI $49,049 @ 7.0% cap · market cap 3.47%
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,712 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Pharmacy Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby

Demographics for 91208, CA

16,776
Population
6,450
Households
2.6
Avg Household Size
45
Median Age
62%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
2,267
Density / Sq Mi
$131,229
Median Household Income
$63,676
Median Earnings
$2,361
Median Rent
$1,276,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex with two private 2-car garages, in-unit laundry, central heating and air, and two parking spaces per unit plus extra parking.
Where is this duplex located?
The property is located at 1617 N Verdugo RD Glendale, CA.
What is the asking price?
The asking price for this property is $1,415,000.
What are key features of this property?
This property features: 1940‑built two‑story duplex in Glendale with Tudor/English cottage‑style character and stucco exterior; Two spacious units: each has 2 bedrooms, 1 full bath and 1 half bath; Each unit includes central heat and air, hardwood floors, in‑unit washer/dryer, and dishwasher
More about this property
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