3709 W Verdugo Ave - Apartments FOR SALE


Burbank, CA 91505- Magnolia Park
$3,900,000 USD
818-500-4900
3709 W Verdugo Ave, Burbank, CA for Sale
$3,900,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

3709 W Verdugo Ave
Burbank, CA 91505
Magnolia Park


HIGHLIGHTS

  • 10-unit multifamily investment property in Burbank
  • Approximately 9,677 SF of building area
  • 10 individual garages
  • Potential garage-to-ADU conversion opportunity
  • Prime Burbank location near major entertainment studios

OVERVIEW

Palm Court Apartments is offered for sale at $3,900,000. This 10-unit multifamily investment property features a 9,677-square-foot building situated on a 13,592-square-foot lot, with 10 individual garages and on-site laundry facilities. The property generates $256,884 in gross annual income, effective September 1, 2026. The individual garages may provide potential for future ADU conversion, subject to applicable approvals and independent verification by the buyer. Contact the listing team for additional property information or to schedule a tour. Please do not disturb the tenants.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$403 USD /SF

# OF UNITS

10

PRICE/UNIT

$390,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Court Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,592 SF

ZONING

BUR4

APN/PARCEL ID

2480-015-014

ASK ABOUT THIS PROPERTY

Tony ManiscalchiSystems Real EstateMore Info
818-500-4900

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Tony ManiscalchiSystems Real EstateMore Info
818-500-4900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.