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.
Steve Hovakimyan, City Center Realty Group.
Based on information from California Regional Multiple Listing Service, Inc. as of March 22nd, 2026 at 10:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.