1201 W Verdugo Avenue, Burbank, CA 91506 - Berkshire Hathaway HomeServices California Properties
1201 W Verdugo Avenue Burbank, CA 91506
$1,775,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR24052054
List price is $1,775,000 Reduced by $75,000 on 4/22/2025
Beds: 0
Baths: 0
None fireplaces
Built in 1953
0.19 acres
Lot size: 0.1906
County: Los Angeles
Zoning: BUR3*
Construction: Stucco
Appliances: Disposal
Parking description: Assigned
Lot description: ZeroToOneUnitAcre
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 610 - Burbank

Last Updated: 5/30/2025

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This listing belongs to the 610 - Burbank MLS area

Lat/Long: 34.169644, -118.318719.
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Listing Agent: Richard Valdez
Lic#: 01234982
Office Name: Mission Viejo

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