5-unit Apartment building with 4,337 living sq/ft located on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New Kitchen counters and New windows installed. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Rents are significantly below market value, which create a opportunity to have significant improvement of rental income over the years. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid’s playgrounds, courts for basketball, baseball, and tennis courts. Seller will not Carry. About 1 mile for access to the 5 fwy and the 101 fwy.
Property Details
Price:
$1,725,000
MLS #:
SR24052054
Status:
Active
Baths:
0
Address:
1201 W Verdugo Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Mar 14, 2024
State:
CA
ZIP:
91506
Lot Size:
8,304 sqft / 0.19 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal
Cooling
Wall/ Window Unit(s)
Flooring
Vinyl, Wood
Heating
Wall Furnace
Laundry Features
Common Area
Exterior
Community Features
Sidewalks
Construction Materials
Stucco
Parking Features
Assigned
Parking Spots
10.00
Roof
Composition
Financial
Map
Community
- Address1201 W Verdugo Avenue Burbank CA
- Area610 – Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91506
Similar Listings Nearby
- 1802 N Western Avenue
Los Angeles, CA$2,200,000
4.59 miles away
- 4426 Price Street
Los Angeles, CA$2,200,000
4.62 miles away
- 303 S Kenneth Road
Burbank, CA$2,195,000
1.59 miles away
- 625 E Chestnut Street
Glendale, CA$2,195,000
4.57 miles away
- 1138 N Parish Place
Burbank, CA$2,195,000
1.24 miles away
- 2310 Washington Circle
Burbank, CA$2,150,000
2.24 miles away
- 1614 N Kenmore Avenue
Los Angeles, CA$2,120,000
4.94 miles away
- 1832 N Alexandria Avenue
Los Angeles, CA$2,100,000
4.65 miles away
- 6820 Whitley Terrace
Los Angeles, CA$2,100,000
4.20 miles away
- 710 E Olive Avenue
Burbank, CA$2,100,000
1.52 miles away

1201 W Verdugo Avenue
Burbank, CA
LIGHTBOX-IMAGES