325 East Verdugo Avenue
325 East Verdugo Avenue
$1,800,000
8
8
4,856
4,856
$371
Pending
Description
Pleased to present 325 E Verdugo Ave, an 8 unit apartment building located in Burbank, CA. Built in 1954, this property consists of one (1) Bachelors unit, six (6) 1 Bedroom +1 Bathroom units, (1) 2 Bedroom + 1 Bathroom unit. The building is 4,856 gross square feet and sits on a 7,692 square foot lot that is BUR4 zoned. From the moment you set eyes on it, the seller's meticulous care for this property is evident. Situated on a picturesque, well-maintained street just steps from Downtown Burbank,...Pleased to present 325 E Verdugo Ave, an 8 unit apartment building located in Burbank, CA. Built in 1954, this property consists of one (1) Bachelors unit, six (6) 1 Bedroom +1 Bathroom units, (1) 2 Bedroom + 1 Bathroom unit. The building is 4,856 gross square feet and sits on a 7,692 square foot lot that is BUR4 zoned. From the moment you set eyes on it, the seller's meticulous care for this property is evident. Situated on a picturesque, well-maintained street just steps from Downtown Burbank, residents will enjoy easy access to employment opportunities at renowned media institutions like Warner Bros Studios, Walt Disney Studios, and Universal Studios. Additionally, 325 E Verdugo Ave is conveniently close to popular dining spots and the Burbank Town Center. This prime location offers tenants immediate access to the 134 and 5 Freeways, as well as the Downtown Burbank Train Station, enhancing the area's connectivity. With its desirable location, unit mix, and potential for increased rental income, 325 E Verdugo Ave presents a compelling value-add opportunity for investors. Priced attractively at $225,000 per unit with a 15.83 Gross Rent Multiplier (GRM), this property is poised to deliver excellent returns.
- Listed by Gregory Shindler • DRE #02083460 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 325 East Verdugo Avenue
Zoning
BUR4*
Parcel Number2453021009
Total Units8.0
Living Area4856
Source Living AreaVendor Enhanced
AreaBurbank (610)
Vacancy Rate0
Lot Size Area7694
Location
LISTING UPDATED: 03/30/2024 07:05 AM
Property Details for 325 East Verdugo Avenue
Status | Pending |
---|---|
MLS # | 24-364345 |
Days on Market | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1954 |
Lot Size | 0.18 AC / 7,694 SF |
County | Los Angeles County |
Location
Building Information for 325 East Verdugo Avenue
Stories2Residences-Year Built1954Building Size-Lot Size0.18 AC / 7,694 SF
Payment Calculator
$10,478 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 325 East Verdugo Avenue
Property History for 325 East Verdugo Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 325 East Verdugo Avenue
Taxable ValueLand$251,089Additions$379,251Total$630,340
Tax Record2023$7,859 ($655 / month)
Home Facts
Total Finished SqFt4,856 SqFtAbove Grade Finished SqFt4,856 SqFtLot Size7,692 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningBUR4*CountyLOS ANGELESAPN2453-021-009
Schools near 325 East Verdugo Avenue
This home is within Burbank Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Joaquin Miller Elementary School PublicK to 5 | ||
John Muir Middle School Public6 to 8 | ||
Burbank High School Public9 to 12 | ||
Burbank Usd Community Day School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.