$1,950,000 520 S Verdugo Drive Burbank, CA

MLS: SR17177726   Type: Commercial   County: Los Angeles   City: Burbank   Zip: 91502   Style: Specialty  

Mortgage $9,155 /mo



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A RARE Development potential. Main street exposure: S Victory/S Verdugo/W Providencia. Highly desirable corner lot, Accessible to retail shops and nearby amenities. Easy access to 5 and 134 Freeways. Demographics available upon request. Highly desirable corner lot, Accessible to retail shops and nearby amenities. Easy access to 5 and 134 Freeways, The subject property is located in the city of Burbank, Burbank is a city in Los Angeles County in Southern California, 12 miles (19 km) northwest of downtown Los Angeles. Named as the "Media Capital of the World" and only a few miles northeast of Hollywood, numerous media and entertainment companies are headquartered or have significant production facilities in Burbank, including The Walt Disney Company, Warner Bros. Entertainment, Nickelodeon Animation Studios, NBC, Cartoon Network Studios. The city is also home to Bob Hope Airport, and the nation's largest retail IKEA store. Burbank is the easternmost city in the San Fernando Valley. Burbank's neighbor, Glendale, is the westernmost city in the San Gabriel Valley. On the west, it's bordering North Hollywood and Sun Valley, on the south its neighbors are Toluca Lake, Universal City and Studio City, on the north of Burbank you will find Shadow Hills and Sunland. Both Interstate 5 and 134 Freeways link Burbank with downtown Los Angeles and other major commercial venues. The city of Burbank was established in 1887 and incorporated in 1911.

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Price History

8/2/2017 Listed $2,000,000
8/23/2017 11% - $1,799,000

Co-listing Agent Violet Markarian - BRE#01101147
Colistagentfirstname Violet
Colistagentlastname Markarian
Colistagentstatelicense 01101147
Listagentstatelicense 01757693
Listing Agent Armine Daghbashyan - BRE#01757693
MLS Area 610 - Burbank
Price Per Square Foot 410.01
Property SubType Specialty
Property Type Commercial Sale
Special Listing Conditions Standard
Zoning Burbank C4

Interior Features

Air Conditioning Y/N 1
Condoareaunits Square Feet
Laundry Features None

Exterior Features

Building Area Total 4756.00
Land Use Other
Lot Size Source Assessor
Number of Buildings 1
Water Source Public

Property Schools

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Property vs Zip Code Avg (91502)

Price 1.95M Avg 823K

Sqr Feet 4,756 Avg 6,918

Cost / Sqr Ft $410 Avg $119

Visits 50 Avg 21

Days on Site 268 Avg 99

Walkscore® 80 Avg 76

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Listing Provided Courtesy Of: Armine Daghbashyan with Coldwell Banker Hallmark Realt.

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Location & Address

Scott Shambley - BRE#01946228
2603 Camino Ramon Suite 200
San Ramon, CA