1201 W Verdugo Avenue Burbank, CA 91506
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 TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site45 Days
- MLS StatusActive
- MLS ID NumberSR24052054
- Home Size Source N/A
- Year Built1953
- Lot Size0.1906 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Parking Assigned
- Parking Spaces 7
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.1906
- Water Public
- Property Sub Type Apartment
- Garage Spaces 5
- Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
- Foundation Slab
- Zoning BUR3*
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Appliances Disposal
- Flooring VinylWood
- Fireplace Features None
- Laundry Features Common Area
- Fireplace No
Exterior Features
- Roof Composition
- View None
- Spa No
- Pool Features None
- Spa Features None
- Lot 0-1 Unit/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 610 - Burbank