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.
MLS #
CRSR24052054
MLS Source
California Regional MLS
Days on Site
283
Appliances
Garbage Disposal
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Foundation
Slab
Garage/Parking
Assigned Spaces, Garage: 5 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 5 | – |
1201 W Verdugo Ave is a Residential Income in Burbank, CA 91506. This – square foot property sits on a 8,304 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,950,000 and was built in 1953.
This address can also be written as 1201 W Verdugo Ave, Burbank, CA 91506.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Richard Valdez, (818) 522-2863