126-Unit Condominium Mapped Apartment Community VERDUGO VILLAGE Verdugo Mountain Foothills, Glendale, California OFFERING MEMORANDUM www.cbremarketplace.com/VerdugoVillage/ INVESTMENT SALES SPECIALISTS: DEBT & EQUITY FINANCE SPECIALISTS: LAURIE LUSTIG-BOWER KAMRAN PAYDAR NANCY BADZEY BRIAN EISENDRATH BRANDON SMITH Lic. 00979360 Lic. 01242590 Lic. 01263701 Lic. 01421681 Lic. 00409987 + 1 310 550 2556 + 1 310 550 2529 + 1 310 550 2568 +1 310 228 2125 +1 310 550 2532
[email protected] [email protected] [email protected] [email protected] [email protected] www.cbre.com/invlosangelesmultifamily VERDUGO VILLAGE Aerial | South View N Downtown Los Angeles Downtown Glendale 134 Glendale Community College 2 VERDUGO VILLAGE Cañada Boulevard Verdugo RoadVerdugo OFFERING MEMORANDUM CBRE, Inc. | 2 VERDUGO VILLAGE Investment Summary CBRE, Inc. as exclusive agent is pleased to offer for sale Verdugo Village, a 126 unit condominium mapped apartment community located in Glendale, California – one of Southern California’s most desirable submarkets with compelling fundamentals, an exceptional concentration of employment, abundant shopping and dining amenities, convenient access to freeway transportation, and an excellent public education system. Located at 1717 N. Verdugo Road, Verdugo Village is situated in the scenic foothills of north Glendale’s Verdugo Mountains and offers residents views of the surrounding verdant ridgelines. The property features a mix of one-, two-, three- and four-bedroom units ranging in size from 715 to 1,460 square feet of living area. Property improvements are comprised of nine two- and three-story buildings on ±2.93 acres of land. Community amenities include a sparkling swimming pool and spa, fitness center, movie theater room, outdoor barbeques and dining areas, conference room, business center, clubhouse facilities, sports court and children’s play area.