Active

1201 W Verdugo AVE

BURBANK CA, 91506

$1,950,000


$449.62 per sqft

Active

2 Beds

1 Bath

4,337 sqft

Multi-family

Built in 1953

5-unit Apartment building 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. About 1 mile for access to the 5 fwy and the 101 fwy.

SR24052054MR

MLS ID

March 14, 2024

Listed

November 22, 2024

Updated

Map

1201 W Verdugo AVE
BURBANK CA, 91506

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

1


Appliances

Laundry Area


Laundry Description

Laundry Area


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.19 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

Burbank


Days on Market

210


Garage

Yes


Garage Spaces

5


Parking

Assigned


Parking Total

7


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

BUR3*

Listed by Richard Valdez with Valdez Realty
Listing Contact: 818-522-2863 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ken Sisson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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