UNDER CONTRACT
$75K PRICE DROP
240 W Verdugo Ave Unit K Burbank, CA 91502
Rancho Adjacent NeighborhoodEstimated payment $3,102/month
Total Views
10,643
2
Beds
2
Baths
901
Sq Ft
$499
Price per Sq Ft
Highlights
- 0.46 Acre Lot
- Open Floorplan
- Traditional Architecture
- William McKinley Elementary School Rated A-
- Property is near a park
- Main Floor Bedroom
About This Home
Welcome to this charming Burbank gem, nestled in a sought-after neighborhood that blends small-town charm with big-city convenience. Located in one of Southern California’s busiest commerce centers, you're just minutes from major shopping and some of the area’s best locally owned restaurants. This well-maintained 25-unit building offers a warm sense of community and friendly neighbors. The freshly painted, 2-bedroom, 2-bathroom bottom-floor unit features tasteful laminate flooring, abundant natural light, and a functional layout. The bright galley kitchen offers ample counter space, a walk-in pantry, and comes equipped with a refrigerator. Both bedrooms are generously sized with large closets and an airy, inviting feel. The bathrooms are clean and spacious, perfect for comfortable everyday living. Two assigned underground parking spaces are included in the secured, gated garage, and an elevator in the building adds convenience for everyday access. Shared laundry is located just steps from your front door, and the building’s open, sunlit entry enhances the welcoming atmosphere. This is a wonderful opportunity to own in one of Burbank’s most desirable pockets. Laundry hook ups in the pantry.
Listing Agent
Equity Union Brokerage Phone: 661-210-7387 License #01707661 Listed on: 05/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,091
Year Built
- Built in 1978 | Remodeled
Lot Details
- No Units Located Below
- Two or More Common Walls
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Automatic Gate
- Controlled Entrance
Home Design
- Traditional Architecture
- Turnkey
Interior Spaces
- 901 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Living Room
- Laminate Flooring
- Courtyard Views
Kitchen
- Eat-In Galley Kitchen
- Walk-In Pantry
- Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer Hookup
Home Security
Location
- Property is near a park
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Accessibility Features
- Patio
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 37998
- Assessor Parcel Number 2451020052
- $120 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 25 Units
- Lake West Condos Association, Phone Number (323) 373-3182
- Cardinal Managment HOA
- Maintained Community
Amenities
- Laundry Facilities
Security
- Card or Code Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,091 | $368,960 | $221,377 | $147,583 |
| 2024 | $4,091 | $361,727 | $217,037 | $144,690 |
| 2023 | $4,047 | $354,635 | $212,782 | $141,853 |
| 2022 | $3,862 | $347,682 | $208,610 | $139,072 |
| 2021 | $3,845 | $340,866 | $204,520 | $136,346 |
| 2019 | $3,689 | $330,756 | $198,454 | $132,302 |
| 2018 | $3,660 | $324,271 | $194,563 | $129,708 |
| 2016 | $3,473 | $311,681 | $187,009 | $124,672 |
| 2015 | $1,831 | $162,093 | $38,354 | $123,739 |
| 2014 | -- | $158,919 | $37,603 | $121,316 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $450,000 | -9.8% | $499 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $499,000 | -5.0% | $554 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $525,000 | +238.7% | $583 / Sq Ft |
| 06/14/2012 06/14/12 | Sold | $155,000 | 0.0% | $172 / Sq Ft |
| 05/16/2012 05/16/12 | Pending | -- | -- | -- |
| 05/05/2012 05/05/12 | For Sale | $155,000 | -- | $172 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $307,000 | Provident Title Company | |
| Grant Deed | $155,500 | Investors Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $172,000 | Lsi Title Company | |
| Trustee Deed | $183,300 | Accommodation | |
| Grant Deed | $320,000 | -- | |
| Grant Deed | $118,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,400 | New Conventional | |
| Closed | $245,600 | New Conventional | |
| Previous Owner | $256,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Stand Alone First | |
| Previous Owner | $110,625 | Stand Alone First |
Source: Public Records
Similar Homes in Burbank, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25098147
APN: 2451-020-052
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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. 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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