304 E Verdugo Ave
Burbank, CA 91502
Multifamily Property For Sale
·
9 Units
Property Facts
| No. Units | 9 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 6,613 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Zoning | R4 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,613 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Yard
- Dining Room
- Double Pane Windows
- Garden
- Linen Closet
- Pantry
- Smoke Free
- Window Coverings
Site Amenities
- Laundry Facilities
- Smoke Free
- Trash Pickup - Curbside
- Storage Space
About 304 E VERDUGO AVE , BURBANK, CA 91502
PRICE IMPROVEMENT!! Prime downtown Burbank apartment building. Fully Occupied. No harsh L.A. Housing requirements! $200,400 GSI with strong Upside. Actual Current 4.44% CAP Within short walk to 285 restaurants, 34 theaters, 9 hotels, 2 supermarkets, IKEA, Tesla, and the Burbank Media Center Mall. 2 blocks to I-5 without the freeway noise, 2 blocks to Burbank Downtown Metrolink Station, bus on the corner, and plenty of additional free curbside parking. 3 blocks to Burbank Police and Fire, Library, Farmers' Market, 2 Parks, Elementary School, and all conceivable conveniences. A true, quiet Urban Setting in a "small town." Highly rated schools. Low crime rate. Excellent Cash Flow with at least 8% upside on Vacancies. Call for additional information. Be sure not to disturb Occupants. Owner is CA DRE Licensee (#00989278)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,945 | 800 - 810 |
| Studios | 1 | $950.00 | 240 |
| 3+2 | 1 | $2,849 | 1,350 |
Property Taxes
| Parcel Number | 2453-022-073 | Improvements Assessment | $2,001,370 |
| Land Assessment | $1,335,339 | Total Assessment | $3,336,709 |
Property Taxes
