Sold for $1,625,000

Listed by: Coldwell Banker Assoc.Brks-CL • Kris Hansen • Contact: 951-244-1867

Bought with: CalStar

$1,625,000

550 E Verdugo Ave, Burbank, CA 91501

6beds

5baths

3,143sqft

Quadruplex

Built in 1921

-- sqft lot

$-- Zestimate^®

$517/sqft

$5,810 Estimated rent

Home value

Not available

Estimated sales range

Not available

$5,810/mo

Zestimate^® history

Owner options

List your home for rent

$5,810/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$5,810/mo

Rent Zestimate^®

Refinance and save

$10,303/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$10,303/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

New appliancesLaminate flooringBeautiful tree lined street

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: None

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,143
Total interior livable area: 3,143 sqft

Property

Parking

Total spaces: 5
Parking features: Garage
Garage spaces: 5

Features

Levels: Multi/Split
Entry location: 1
Pool features: None

Lot

Size: 8,583 Square Feet
Features: Front Yard, Lawn, Landscaped, Rectangular Lot, Street Level

Details

Parcel number: 2455006006
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1921

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected

Community & HOA

Community

Features: Curbs, Gutter(s), Sidewalks

Location

Region: Burbank

Financial & listing details

Price per square foot: $517/sqft
Tax assessed value: $1,657,500
Annual tax amount: $19,215
Date on market: 10/4/2023
Cumulative days on market: 143 days
Listing terms: Submit
Total actual rent: 100800
Tenant pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Telephone, Water

Price history

Date	Event	Price
3/28/2024	Sold	$1,625,000-9.5%$517/sqft
Source: CRMLS #SW23184937 Report a problem
2/25/2024	Contingent	$1,795,000$571/sqft
Source: CRMLS #SW23184937 Report a problem
11/23/2023	Price change	$1,795,000-10.2%$571/sqft
Source: CRMLS #SW23184937 Report a problem
10/29/2023	Price change	$1,999,000-13.1%$636/sqft
Source: CRMLS #SW23184937 Report a problem
10/4/2023	Listed for sale	$2,300,000$732/sqft
Source: CRMLS #SW23184937 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$19,215 -0.2%	$1,657,500 -1.3%
2024	$19,254 +773.3%	$1,679,655 +1242%
2023	$2,205 +3.3%	$125,161 +2%
2022	$2,134 +1.3%	$122,762 +2%
2021	$2,107 +0.9%	$120,410 +1%
2020	$2,088	$119,205 +2%
2019	$2,088 +8.7%	$116,923 +2%
2018	$1,921	$114,685 +4.5%
2017	$1,921 +4.1%	$109,717 +2%
2016	$1,845 +4.6%	$107,567 +1.5%
2015	$1,765 -0.5%	$105,952 +2%
2014	$1,774	$103,877 +2.5%
2012	--	$101,381 +2%
2011	--	$99,394 +6.7%
2006	--	$93,188 +4%
2004	--	$89,572 +1.9%
2003	--	$87,932 +2%
2002	--	$86,209 +4%
2000	--	$82,863