Excellent opportunity to own a trophy property in a superb rental location in highly sought Burbank location!!! Massive ( 25+%) Rental upside!! Excellent Unit Mix!! Verdugo Apartments is a multifamily investment consisting of 1 two-story building approximately 9,456 square feet on a lot of approximately 7,749 square feet. The property is located at 251 W. Verdugo Avenue, Burbank, California. Built in 1988, the subject property features 10 units consisting of 8 two-bedroom two baths and 2 one-bedroom one-bath units. Each unit features either a private patio or balcony. The interiors are spacious with laminate flooring in most units, ceramic tile in the kitchen and bathroom and lots of storage closet throughout the apartment. Lastly, each apartment comes with two reserved parking in the subterranean garage. Verdugo Apartments offers great rental upside, covered parking spaces, and laundry facilities in an exceptional rental location. Minutes from Downtown Burbank Metrolink Station,
Off market
$4,292,600
251 W Verdugo Ave, Burbank, CA 91502
18beds
9,456sqft
MultiFamily
Built in 1988
-- sqft lot
$4,292,600 Zestimate®
$454/sqft
$2,296 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 18
- Full bathrooms: 10
- 3/4 bathrooms: 8
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 9,456 sqft
Property
Parking
- Parking features: Garage - Attached, Garage - Detached, Off-street, On-street
Lot
- Size: 7,840 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1988
Community & neighborhood
Location
- Region: Burbank
Other
Other facts
- Agreement Type: Excl Rt Sell/Lease
- Property Subtype 1: Residential Income
- Cooling Type: Central A/C
- Laundry Locations: Laundry Area, In Garage
- Land Lease Type: Fee Simple
- Service Level: Full Service
- Other Prop Features: Balcony, Full Copper Plumbing
- Special Conditions: Standard Sale
- State: CA
- Transaction Type: Sale
- Lot Size Source: (Public Records)
- Laundry Equipment: Own
- Landlord Pays For: Water, Gardener
- Ext Construction: Stucco
- Possession: Close Of Escrow
- Showing Access: Accepted Offer
- Tenant Pays For: Electricity, Gas, Cable TV
- Square Footage Source: Public Records
- Street Suffix: Avenue
- Heating Type: Forced Air
- Flooring: Hardwood, Ceramic Tile, Vinyl Tile, Laminated
- Appliances: Dishwasher
- Foundation: Concrete Slab, Concrete Block, Concrete Perimeter
- Lease Per Month/Year: Month
- Street Direction: West
- Building Style: Contemporary
- TV Services: Cable TV
- Cooking Appliances: Oven, Range
- Subdiv/Trac Code: Not Applicable-610
- Kitchen Features: Laminate Counters, Counter Top
- Stories/Levels: Ground Level, Top Level
- Security/Safety: Gated Community
Services availability
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Estimated market value
$4,292,600