Properties

Burbank, CA 91506 1510 W Verdugo

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Presented By: Steve Hovakimyan with City Center Realty Group;
  • MLS# BB26057353
  • 03/16/2026
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  • SQFT • 7,595

Home Details

Prime investment opportunity located at the signalized corner of Verdugo Avenue and Olive Avenue in the heart of Burbank. This rare commercial portfolio includes two buildings totaling approximately 7,595 square feet on two parcels with a combined land area of approximately 12,007 square feet. 1508 W Verdugo Ave (approx. 3,475 SF) consists of three professional office suites and one residential unit (3 bedrooms, 1 bathroom). 1510 W Verdugo Ave (approx. 4,120 SF) consists of three medical office suites. The property features eight tenant spaces, approximately 7,365 SF net rentable area, private rear parking with nine spaces, pylon signage, and excellent street exposure. Built in 1938 and 1944 and recently renovated in 2022 and 2025, the property offers a strong mix of medical, professional office, and residential income. Strategically located near Providence Saint Joseph Medical Center, Walt Disney Studios, and adjacent to Starbucks, with convenient access to the 5 and 134 freeways. Offered at $4,495,000 with a Pro Forma Cap Rate of approximately 5.56%. Ideal opportunity for an investor or owner-user in one of the most desirable commercial corridors in Burbank. Information deemed reliable but not guaranteed. Buyer to independently verify all information. Drive-by only. Do not disturb tenants or occupants. Contact listing broker for additional information and to schedule a private showing by appointment only.
Presented By: Steve Hovakimyan with City Center Realty Group;

Interior Features for 1510 W Verdugo

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 1510 W Verdugo

Additional Parcels Description2445-014-024
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
Building Name1508-1510 W Verdugo
Cap Rate5.56
CityBurbank
Construction MaterialsOther
CoolingCentral Air
CountyLos Angeles
Current UseCommercial, Investment
DirectionsVerdugo and Olive
Electric Expense2400
HeatingCentral
Insurance Expense6380
Land Lease Y/NNo
Lot Size Square Feet6005
Lot Size UnitsSquare Feet
MLS Area610 - Burbank
MaintenanceExpense3000
Net Operating Income250111
Occupancy TypeVacant
Operating Expense75378
PostalCityBURBANK
Property Sub Type AdditionalOffice
Property SubtypeOffice
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Trash Expense4800
UtilitiesSewer Connected
Water Sewer Expense4000
Year Built1944
Year Built SourceAssessor

Exterior for 1510 W Verdugo

Building Area Total7595
Lot FeaturesLevel
Lot Size Acres0.1379
Lot Size Area6005
Lot Size SourceAssessor
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,495,000
MLS#BB26057353
List Date 03/16/2026
Property Type Commercial
Phone 888.795.6274
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