$1,775,000
0.19 Acre Lot

1201 W Verdugo Avenue, Burbank, California 91506

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1953 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SR24052054
$1,775,000
None
1953
0.19 Acre
Active
1
Apartment
: Composition
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: None
: Assigned
: Vinyl, Wood
: Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
$0
Appliances
: Disposal
Address Map
CA
Los Angeles
Burbank
91506
Verdugo
1201
Avenue
South of W. Olive Ave and East of N Buana Vista Blvd
610 - Burbank
W
BUR3*
Additional Information
$0
$0
$0
$0
$0
4337
: Sidewalks
: Stucco
Standard
2
: Slab
5.0
: 0-1 Unit/Acre
5
2024-03-14
1850000
2
https://www.wellcomemat.com/video/5b2he3b3926a1m741/BBK/CA/91506/W-Verdugo/SR24052054/
https://www.wellcomemat.com/mls/5b2he3b3926a1m741
: Public
Broker/Agent Information
Valdez Realty
Richard Valdez
Listing Information
F210004294
SR0166300
1031 Exchange
Active
2025-06-29T02:48:41Z
CRMLS
: Standard
2024-03-14T21:46:48Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069