Excellent opportunity to own a trophy property in a superb rental location in highly sought Burbank location!!! Massive ( 25+%) Rental upside!! Excellent Unit Mix!! Verdugo Apartments is a multifamily investment consisting of 1 two-story building approximately 9,456 square feet on a lot of approximately 7,749 square feet. The property is located at 251 W. Verdugo Avenue, Burbank, California. Built in 1988, the subject property features 10 units consisting of 8 two-bedroom two baths and 2 one-bedroom one-bath units. Each unit features either a private patio or balcony. The interiors are spacious with laminate flooring in most units, ceramic tile in the kitchen and bathroom and lots of storage closet throughout the apartment. Lastly, each apartment comes with two reserved parking in the subterranean garage. Verdugo Apartments offers great rental upside, covered parking spaces, and laundry facilities in an exceptional rental location. Minutes from Downtown Burbank Metrolink Station, Burbank Town Center, and a myraid of retail shops and restaurants.
