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1510 Verdugo, Burbank, CA 91506
Priced at Only: $4,495,000
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Address: 1510 Verdugo, Burbank, CA 91506
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  • MLS#: BB26057353 ( Office )
  • Street Address: 1510 Verdugo
  • Viewed: 8
  • Price: $4,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1944
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91506
  • Provided by: City Center Realty Group
  • Contact: Steve Steve
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime investment opportunity located at the signalized corner of Verdugo Avenue and Olive Avenue in the heart of Burbank. This rare commercial portfolio includes two buildings totaling approximately 7,595 square feet on two parcels with a combined land area of approximately 12,007 square feet. 1508 W Verdugo Ave (approx. 3,475 SF) consists of three professional office suites and one residential unit (3 bedrooms, 1 bathroom). 1510 W Verdugo Ave (approx. 4,120 SF) consists of three medical office suites. The property features eight tenant spaces, approximately 7,365 SF net rentable area, private rear parking with nine spaces, pylon signage, and excellent street exposure. Built in 1938 and 1944 and recently renovated in 2022 and 2025, the property offers a strong mix of medical, professional office, and residential income. Strategically located near Providence Saint Joseph Medical Center, Walt Disney Studios, and adjacent to Starbucks, with convenient access to the 5 and 134 freeways. Offered at $4,495,000 with a Pro Forma Cap Rate of approximately 5.56%. Ideal opportunity for an investor or owner user in one of the most desirable commercial corridors in Burbank. Information deemed reliable but not guaranteed. Buyer to independently verify all information. Drive by only. Do not disturb tenants or occupants. Contact listing broker for additional information and to schedule a private showing by appointment only.
Features
Accountingtype
  1. ProForma
Additional Parcels Description
  1. 2445-014-024
Assetclass
  1. Retail
  2. Office
Building Area Total
  1. 7595.00
Building Name
  1. 1508-1510 W Verdugo
Commoninterest
  1. None
Construction Materials
  1. Other
Cooling
  1. Central Air
Country
  1. US
Current Use
  1. Investment
  2. Commercial
Electric Expense
  1. 2400.00
Expense Year
  1. 2026
Heating
  1. Central
Insurance Expense
  1. 6380.00
Laundry Features
  1. None
Netoperatingincome
  1. 250111.00
Otherincome1
  1. 29940.00
Parcel Number
  1. 2445014023
Property Type
  1. Office
Totalbuildingnra
  1. 7365
Totalexpenses
  1. 75378.00
Trash Expense
  1. 4800.00
Utilities
  1. Sewer Connected
Water Sewer Expense
  1. 4000.00
Water Source
  1. Public
Year Built
  1. 1944
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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