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
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024