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1913 Verdugo Loma Drive

Updated Nov 10, 2026

Rita Johnson Acquires Multifamily Property In Glendale For $1,701,997 With Broker Andy Kawatra
SOLDMultiFamily

Rita Johnson Acquires Multifamily Property In Glendale For $1,701,997 With Broker Andy Kawatra

1913 Verdugo Loma Drive

$1,701,997

$441/SF

Building Size

3,858 SF

Asset Type

MultiFamily

Closing

Nov 2, 2026

About this deal

AI

This multifamily property located at 1913 Verdugo Loma Drive in Glendale was sold for $1,701,997. The property comprises 3 units and offers a total square footage of 3,858, resulting in a price per unit of $567,332 and a price per square foot of $441.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,701,997
  • Units: 3
  • Square Footage: 3,858
  • Price Per Unit: $567,332
  • Price Per Square Foot: $441
  • Buyer: Rita Johnson
  • Seller: Steven Steuart
  • Buyer's Representative: Andy Kawatra - Equity Union Commercial
  • Date of Sale: 11/02/2026

The buyer, Rita Johnson, acquired the property with the representation of Andy Kawatra, who specializes in multifamily investments and has 16 years of experience in the real estate market. The transaction highlights Kawatra's commitment to assisting property owners in navigating market dynamics and achieving successful sales in the Burbank and Glendale areas.

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$1,701,997

$441/SF

MultiFamily

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Players

Andy Kawatra

Equity Union Real Estate

Broker

$87.5M

vol

29 deals

Broker

Rita Johnson

Buyer

$1.7M

vol

1 deal

Buyer

Steven Steuart

Seller

$1.7M

vol

1 deal

Seller
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Glendale MultiFamily Market Snapshot

Boundary boundary ยท MultiFamily ยท Sale transactions

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Deal FAQ

About $441 per square foot on a published $1.7M for 3,858 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.32%

Cash-on-Cash

-2.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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