Burbank, CA 91506,1201 W Verdugo Avenue
Burbank, CA 91506,1201 W Verdugo Avenue
Burbank, CA 91506,1201 W Verdugo Avenue
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$1,775,000
Est. payment /mo
4,337 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,337 sqft

Price per Sqft $409

MLS Listing ID CRSR24052054

HOA Y/N No

Year Built 1953

Lot Size 8,304 Sqft

Acres 0.19

Property Sub-Type Other

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.

Location

State CA

County Los Angeles

Zoning BUR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplace No

Laundry Other

Exterior

View Y/N false

View None

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 2446030007


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Bridge MLS
Listed by Richard Valdez • Valdez Realty
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1201 W Verdugo Avenue