528 E Verdugo, Burbank, CA 91501
Local realty services provided by:ERA Excel Realty
528 E Verdugo,Burbank, CA 91501
$4,500,000
- - Beds
- - Baths
- 9,106 sq. ft.
- Multi-family
- Active
Listed by: liza valayati
Office: valiant multi-family group714-608-2425
MLS#:OC26146282
Source:CRMLS
Price summary
- Price:$4,500,000
- Price per sq. ft.:$494.18
About this home
First time on the market in nearly 25 years. Verdugo Apartments is a 13-unit multifamily property located in a prime Burbank location north of Glenoaks Blvd. The property features ten 1-bedroom/1-bathroom units and three 2-bedroom/2-bathroom units totaling 9,106 square feet on an 8,548 square foot lot. Built in 1966, the property offers tuck-under parking and on-site laundry facilities.
Long-term ownership has maintained the property with exceptional care, including a new roof installed in 2022 and upgraded windows throughout. These significant improvements enhance the property's overall condition and reduce near-term capital improvement needs. Current rental income is approximately $26,670 per month, with rents below prevailing market levels, providing potential for future income growth through natural tenant turnover without requiring an extensive renovation program.
Burbank is widely recognized as the "Media Capital of the World" and is home to major entertainment companies including Disney Studios, DreamWorks Animation, Warner Bros. Studios, Universal Studios, and Nickelodeon Studios nearby. The property is conveniently located near Burbank Town Center, Downtown Burbank, shopping, dining, entertainment, and major employment centers....
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Home facts
- Year built:1966
- Listing ID #:OC26146282
- Added:1 day(s) ago
- Updated:July 07, 2026 at 03:42 AM
Rooms and interior
- Kitchen Description:Gas Range, Refrigerator
- Living area:9,106 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1966
- Building area:9,106 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Landscaped
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$4,500,000
- Price per sq. ft.:$494.18
Features and amenities
- Amenities:Ceiling Fans
Parking
- Total parking spaces:13
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