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Palm Court Apartments 3709 W Verdugo Ave 10 Unit Apartment Building $5,402,007 CAD ($540,201 CAD/Unit) Burbank, CA 91505
Investment Highlights
- 10-unit multifamily investment property in Burbank
- 10 individual garages
- Prime Burbank location near major entertainment studios
- Approximately 9,677 SF of building area
- Potential garage-to-ADU conversion opportunity
Executive Summary
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.
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.
Property Facts
| Price | $5,402,007 CAD | Lot Size | 0.31 AC |
| Price Per Unit | $540,201 CAD | Building Size | 9,672 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 1.03/1,000 SF |
| Building Class | B | ||
| Zoning | BUR4 - Residential | ||
| Price | $5,402,007 CAD |
| Price Per Unit | $540,201 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 9,672 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | BUR4 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 4+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2480-015-014 | Improvements Assessment | $1,127,972 CAD |
| Land Assessment | $518,850 CAD | Total Assessment | $1,646,823 CAD |
Property Taxes
Parcel Number
2480-015-014
Land Assessment
$518,850 CAD
Improvements Assessment
$1,127,972 CAD
Total Assessment
$1,646,823 CAD
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Palm Court Apartments | 3709 W Verdugo Ave
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