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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Listed with Valiant Multi-Family Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/29/26 5:47 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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