NOT LISTED FOR SALE

240 W Verdugo Ave Unit K Burbank, CA 91502

Rancho Adjacent Neighborhood

Estimated Value: $455,000 - $537,445

2 Beds
2 Baths
901 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: August 28, 2025

Last sale price $460,000 $511 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,222 / mo

97 Days on Market

Highlights

  • 0.46 Acre Lot
  • Open Floorplan
  • Traditional Architecture
  • Hutchens Elementary School Rated 10
  • Property is near park
  • Main Floor Bedroom

About This Home

As of August 2025

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.

Last Agent to Sell the Property

The Kate Christiansen Group

Equity Union Brokerage Phone: 661-210-7387 License #01707661 Listed on: 05/02/2025

Equity Union

Last Buyer's Agent

Saro Dilanchian

Latitude Real Estate & Invest License #01314546

Property Details

Home Type

  • Condominium

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
  • Entry on the 1st floor
  • 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 in unit
  • Washer Hookup

Home Security

Location

  • Property is near 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

Property Details

Home Type

Condominium

Year Built

Built in 1978 | Remodeled

Lot Details

0.46 Acres

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2451020052
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 901.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Laminate
  • Accessibility Features: Disability Features
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 510.54
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake West Condos
  • Phone: 323-373-3182
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Cardinal Managment

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 20117.00
  • Lot Size Acres: 0.4618

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20117.0000 Square Feet
  • Number Of Units In Community: 25
  • Number Of Units Total: 25

Tax Info

  • Tax Census Tract: 3118.02
  • Tax Lot: 1
  • Tax Tract Number: 37998
  • TaxOtherAnnualAssessmentAmount: 120.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Aug 8, 2025
Sold by
Bought by
Seller's Agent
The Kate Christiansen Group
Equity Union
Buyer's Agent
Saro Dilanchian
Latitude Real Estate & Invest
List Price
$525,000
Sold Price
$460,000
Premium/Discount to List
-$65,000
-12.38%
Views
254
Current Estimated Value
$476,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,111
Avg. Annual Appreciation
3.81%
Original Mortgage
$368,000
Interest Rate
0.0675%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
0.0364%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
0.0364%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2012
Closed on
Jun 5, 2012
Sold by
Bought by
Seller's Agent
Jon Butler
Douglas Elliman
Buyer's Agent
Adam Vardanyan
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
0.0562%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,625
Interest Rate
0.0678%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 Lawyers Title
-- None Available
$307,000 Provident Title Company
$155,500 Investors Title Company
-- None Available
$172,000 Lsi Title Company
$183,300 Accommodation
$320,000 --
$118,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $368,000
Previous Owner $230,400
Previous Owner $245,600
Previous Owner $256,000
Previous Owner $150,000
Previous Owner $110,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2025 08/28/25 Sold $460,000 0.0% $511 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $460,000 +2.2% $511 / Sq Ft
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 View Prior Sale
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,221 $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

Agents Affiliated with this Home

  • Saro Dilanchian

    Buyer's Agent in 2025

    Saro Dilanchian

    Latitude Real Estate & Invest

    (818) 482-5433

    1 in this area

    30 Total Sales

    Saro Dilanchian
    Section Image
  • Jon Butler

    Seller's Agent in 2012

    Jon Butler

    Douglas Elliman

    (310) 310-9280

    42 Total Sales

    Jon Butler
    Section Image

  • A

    Buyer's Agent in 2012

    Adam Vardanyan

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25098147

California Regional Multiple Listing Service (CRMLS)

APN: 2451-020-052

California Los Angeles County Burbank 91502 Rancho Adjacent

240 W Verdugo Ave Unit K, Burbank, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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