1201 W Verdugo Avenue
Burbank, CA 91506
0.19 acres | #SR24052054
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.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,000,000
- MLS #SR24052054
- MLS #SR24052054
- Property SubtypeApartment
- Cost1950000
- Acres0.1906
- Utility SourcePublic
- Year Built1953
- FoundationSlab
- Stories2
- Parking Spaces5
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Richard Valdez (#F210004294)
Listing Office: Valdez Realty (#SR0166300)
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