528 E Verdugo Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated payment $28,664/month
Highlights
- Cooling System Mounted To A Wall/Window
- Park
- Forced Air Heating System
- Joaquin Miller Elementary School Rated A-
- Landscaped
- Ceiling Fan
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.
Listing Agent
Valiant Multi-Family Group Brokerage Phone: 714-357-4148 License #02113813 Listed on: 07/06/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 8,550 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Density is 11-15 Units/Acre
Parking
- 13 Parking Spaces
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 9,106 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Range
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Legal Lot and Block 8 / 29
- Tax Tract Number 310702
- Assessor Parcel Number 2455006015
- $1,412 per year additional tax assessments
Community Details
Recreation
- Park
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,062
- Fuel Expense $4,220
- Insurance Expense $7,815
- Trash Expense $440
- Water Sewer Expense $5,735
- Operating Expense $88,958
- Gross Income $321,560
- Net Operating Income $223,001
Additional Features
- 13 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $4,500,000 | -- | $494 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26146282
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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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