$1,950,000
1201 W Verdugo Avenue Burbank, CA 91506
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Listed by Richard Valdez • Valdez Realty
$1,950,000
Est. payment /mo
4,337 SqFt
UPDATED:
10/11/2024 03:57 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,337 sqft
Price per Sqft $449
MLS Listing ID CRSR24052054
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 8,304 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplace No
Laundry Other
Exterior
View None
Parking Type Assigned
Building
Water Public
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