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Sold on 03/28/2024
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550 E Verdugo, Burbank, CA 91501

$1,625,000

Last sold 03/28/2024 after 177 Days

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    bed

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    bath

Multi-family not for sale
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About 550 E Verdugo

Property type Multi-family
Year built 1921
HOA fee $0/month
Lot size 8,583 Sqft
Parking 5 garage spaces
Rental estimate
Property description
Location Location Location !!!! North of Glen Oaks, beautiful tree lined street, close to all the studios and downtown. This 5 unit income producer is now available. All have been renovated as units have opened up. Laminate flooring, new appliances, AC, paint, etc. All units are occupied with excellent tenants.
Listed by
Listing Agent - Kris Hansen
Listing Agent Contact: 951-551-6434
Listing Office - Coldwell Banker Assoc.Brks-CL
Source: CRMLS mls logo
MLS#SW23184937 • last updated 2 years ago
Movoto checked CRMLS for data 10 minutes ago
Overview
Levels/Style Multi/Split
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.197
Lot Size (SqFt) 8583
Year Built 1921
Interior
Laundry None
Exterior
Building Area Square Feet, 3143
# Parking Spaces 5
# Garage Spaces 5
Lot Description Front Yard, Landscaped, Lawn, Level With Street, Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs, Gutters, Sidewalks
Directions Glen Oaks To Verdugo
APN 2455006006
Multifamily Details
Expense: Trash 213
Operating Expense 2533
Expense: Insurance 2000
Total Expenses 2533
Expense: Water/ Sewer 190
Gross Income 100800
Gross Scheduled Income 100800
Expense: Gardener 130
Lot/ Land Details
Average Studio Area 600
Rental est.: $2,297/month
Gross rent multiplier: 59.0
  • Mar 2024
    mls logo MLS # SW23184937
  • Mar 28, 2024 Sold
    $1,625,000
  • Feb 25, 2024 Active
    —
  • Nov 22, 2023 Price Change
    $1,795,000 (-10.2%)
  • Oct 29, 2023 Price Change
    $1,999,000 (-13.1%)
  • Oct 3, 2023 Listed
    $2,300,000
  • Mar 2024
    Public Records
  • Mar 28, 2024 Sold
    $1,625,000 (-9.5%)
  • Year Property taxes Tax assessment
  • 2024
    $19,254 +773.3%
    $1,679,655 +1242.0%
  • 2023
    $2,205 +3.3%
    $125,161 +1.95%
  • 2022
    $2,134 +1.3%
    $122,762 +1.95%
  • 2021
    $2,107 +0.9%
    $120,410 +1.01%
  • 2020
    $2,088 +8.7%
    $119,205 +3.94%
  • 2018
    $1,921
    $114,685
  • 550 E Verdugo
    $1.62M
  • —
  • 91501
    $915K -23% y/y
  • Burbank
    $1.14M -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
John Muir Middle School
public Grades 6-8
Burbank Unified School District
7/10
Burbank High School
public Grades 9-12
Burbank Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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