1508-1510 W Verdugo Ave Burbank,
3,400 SF | 12% Leased | Office Building | Burbank, CA 91506 | $5,000,000 ($1,471/SF) | 4.45% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,000,000
- Property Type
-
Office
- Square Feet
- 3,400 SF
- Price / Square Foot
- $1,471
Listing Contacts
Steve Hovakimyan
Verified Profile
- Property Info
Property Overview
Major Signalized Corner in the Heart of Burbank
• City Center Realty Group is pleased to present 1508 and 1510 Verdugo Ave. This portfolio offers an exceptional combination of storefront retail/office spaces and medical offices. It is perfect for an owner-user with 90% SBA financing in place or for investment purposes. 1508 W. Verdugo is a 3,475 sq. ft. property on a 6,002 sq. ft. lot. It includes three separate professional offices and one residential unit with three bedrooms and one bathroom.
1510 W. Verdugo is a 4,120 sq. ft. property on a 6,005 sq. ft. lot, comprising three medical offices. The property is located near the Signalized Intersection of Olive Avenue and Verdugo Avenue, adjacent to Starbucks, and has its own private parking lot at the rear of the
buildings, plus abundant street parking. The property features pylon signage and is conveniently located near many shops, restaurants, offices, Providence Saint Joseph's Hospital, and Walt Disney Studios. This is a rare opportunity to purchase a turnkey investment property in the heart of Burbank, centrally located between the 5 and 134 major freeways.
• City Center Realty Group is pleased to present 1508 and 1510 Verdugo Ave. This portfolio offers an exceptional combination of storefront retail/office spaces and medical offices. It is perfect for an owner-user with 90% SBA financing in place or for investment purposes. 1508 W. Verdugo is a 3,475 sq. ft. property on a 6,002 sq. ft. lot. It includes three separate professional offices and one residential unit with three bedrooms and one bathroom.
1510 W. Verdugo is a 4,120 sq. ft. property on a 6,005 sq. ft. lot, comprising three medical offices. The property is located near the Signalized Intersection of Olive Avenue and Verdugo Avenue, adjacent to Starbucks, and has its own private parking lot at the rear of the
buildings, plus abundant street parking. The property features pylon signage and is conveniently located near many shops, restaurants, offices, Providence Saint Joseph's Hospital, and Walt Disney Studios. This is a rare opportunity to purchase a turnkey investment property in the heart of Burbank, centrally located between the 5 and 134 major freeways.
Property Details
- Class
- C
- Year Built
- 1938
- Stories
- 1
- Property Subtype
- Medical, Office/Residential, Office Live/Work Unit
- Lot Size (sq. ft)
- 12,197 SF
Highlights
- Major Signalized Corner in the Heart of Burbank
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