SOLD 05/03/2024
Photos
About
Details
Nearby major retailers
Interior Features
Listed by
Buyer agent
Payment calculator
Lot details
Neighborhood
Price history
Taxes
Similar commercial for sale
Recently sold commercial
Recently sold properties
Similar properties for sale
Request more info
FAQ
Map View
Commercial sold for $2,072,000 in 54 days
325 E Verdugo Ave Burbank, CA, 91502
Off the market Other
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.
Read more
Property details
4,856 sqft interior area
Land area
7,694 sqft (0.18 acres)
Address
325 E Verdugo Ave, Burbank, CA, 91502
City of California
Burbank
County
Los Angeles
Year Built
1954
District
Listing
Nearby major retailers
Costco
Whole Foods Market
Lowe's
Walmart Supercenter
Toyota
T-Mobile
Trader Joe's
Albertsons
Trader Joe's Glendale
Aldi
Wholesale: 2
Supermarket: 8
Do it yourself: 1
Car: 3
Mobile phone: 4
Car repair: 1
Show more
Interior Features
—
Garage & Parking
None
Listed by
Gregory Shindler, Marcus & Millichap
Name
Gregory Shindler
License number
02083460
Brokerage company
Marcus & Millichap
MLS #
CL24364345
Buyer agent
Name
Gregory Shindler
Brokerage company
Marcus & Millichap
Payment calculator
Calculate your monthly payments
Mortgage
$6,362
Taxes
$0
HOA dues
$0
Mortgage
$414,400 / 20%
2.28%
30 years
Your amount
$6,362 / month
Lot details
TMK #2453021009
Parcel nr.
2453021009
91502 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 91502
38%
Families with children
National average: 39%
36%
Non family households
169,378
Population
$91,904
Average Income
Age & gender
Median age 40 years
More info
Commute types
85% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for
$1.28m
Neighborhood average
sales price*
sales price*
$1.16m
Neighborhood median
sales price*
sales price*
335
Number
of sales*
of sales*
Housing type
45% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
64% have 2 or 3 bedrooms
More info
Owners vs Renters
58% are renters
More info
16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold May 3, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 3, 2024 | Sold | $2,072,000 | 0 | Public Record |
| May 3, 2024 | Price Increase | $2,072,000 +15.11% | 0 | MLS #CL24364345 |
| Mar 30, 2024 | Pending | $1,800,000 | 0 | MLS #CL24364345 |
| Mar 11, 2024 | New Listing | $1,800,000 | 0 | MLS #CL24364345 |
Taxes of 325 E Verdugo Ave, Burbank, CA, 91502
BUR4 zoning / MLS #CL24364345
Zoning
BUR4
Similar commercial for sale
Similar homes nearby 325 E Verdugo Ave for sale
Recently sold commercial
Recently sold properties
Similar properties for sale
Request more info
By pressing SEND, you agree that Verhouse and real estate professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. You don’t need to consent as a condition of buying any property, goods or services. Message/data rates may apply. You also agree to our Terms of Use. Verhouse does not endorse any real estate professionals.
Frequently Asked Questions about 325 E Verdugo Ave
What is 325 E Verdugo Ave?
325 E Verdugo Ave is a Commercial/Industrial propertywith 4,856 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
325 E Verdugo Ave, Burbank, CA, 91502.
What comparable properties are nearby?
Comparable nearby commercial properties include 1201 W Verdugo Ave, Churchs Ct, 2106 W Magnolia Blvd, 2319 W Magnolia Blvd, 2005 Peyton Ave, 2313 San Fernando Blvd.
Based on information from the bridgeMLS as of 05-18-2024. 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.
Listing last updated on: May 04, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Ralphs, 0.53 miles away and Sprouts Farmers Market, 0.94 miles away.
The 91502 zip area has a population of 169,378, and 38% of the families have children. The median age is 40.4 years and 85% commute by car. The most popular housing type is "single detached" and 58% is renter.
