5-unit Apartment building with 4,337 living sq/ft located 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. Seller will not Carry. About 1 mile for access to the 5 fwy and the 101 fwy.
For sale
Listing Provided by:
Richard Valdez DRE #01211013 818-522-2863,
Valdez Realty
Price cut: $50K (7/15)
$1,725,000
1201 W Verdugo Ave, Burbank, CA 91506
10beds
5baths
4,337sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$398/sqft
$-- HOA
What's special
New windowsCorner lotComposition shingle roofOriginal hardwood flooringsNew kitchen countersVinyl tile flooring
- 510 days
- on Zillow |
- 387 |
- 19 |
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