tomo logo

$1,950,000

Beds
Unknown
sq ft
Unknown

1201 W Verdugo Ave, Burbank, CA 91506

1201 W Verdugo Ave

Burbank, CA 91506

  • 284 days on market
    • Price drop $50,000↓
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.

Details

Property type

Apartment

Lot size

8,304 sq ft

Price per sq ft

Unknown

Year built

1953

Price History

07/11/2024
CRMLS

CRMLS #SR24052054

Price change
$1,950,000
-2.5%
03/14/2024
CRMLS

CRMLS #SR24052054

Listed
$2,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 12/22/2024 at 7:05 PM

Listing updated: 12/04/2024 at 5:05 PM

Listed by: Richard Valdez, Valdez Realty Phone #: (818) 522-2863

MLS: CRMLS #SR24052054

CRMLS logo

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