1201 W Verdugo Avenue, Burbank, CA 91506

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Property Description

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.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Vinyl, Wood
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 1201 W Verdugo Avenue
City Burbank
State CA
Zip 91506
County Los Angeles
Listing Agent Richard Valdez DRE #01211013
Courtesy Of Valdez Realty
List Price $1,950,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 8,304
Year Built 1953

Listing information courtesy of: Richard Valdez, Valdez Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 8:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.