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3709 W Verdugo Ave - Palm Court Apartments 10 Unit Apartment Building Offered at $3,900,000 Burbank, CA 91505
Investment Highlights
- 10-unit multifamily investment property in Burbank
- 10 individual garages
- Prime Burbank location near major entertainment studios
- Approximately 9,677 SF of building area
- Potential garage-to-ADU conversion opportunity
Executive Summary
Palm Court Apartments is offered for sale at $3,900,000. This 10-unit multifamily investment property features a 9,677-square-foot building situated on a 13,592-square-foot lot, with 10 individual garages and on-site laundry facilities. The property generates $256,884 in gross annual income, effective September 1, 2026.
The individual garages may provide potential for future ADU conversion, subject to applicable approvals and independent verification by the buyer. Contact the listing team for additional property information or to schedule a tour. Please do not disturb the tenants.
The individual garages may provide potential for future ADU conversion, subject to applicable approvals and independent verification by the buyer. Contact the listing team for additional property information or to schedule a tour. Please do not disturb the tenants.
Property Facts
| Price | $3,900,000 | Building Size | 9,672 SF |
| Price Per Unit | $390,000 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 10 | Year Built | 1951 |
| Property Type | Multifamily | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | BUR4 | ||
| Price | $3,900,000 |
| Price Per Unit | $390,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Lot Size | 0.31 AC |
| Building Size | 9,672 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | BUR4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 4+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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