1201 W Verdugo AVE Active

Burbank,CA 91506

$ 1919000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR24052054

Originating Board California Regional MLS

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

Area 610 - Burbank

Rooms

Kitchen Garbage Disposal

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces

Garage Spaces 7.0

Pool 31,None

View None

Roof Type Composition

Building

Foundation Concrete Slab

Water District - Public

Others

Tax ID 2446030007

Special Listing Condition Not Applicable

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