1130 E Verdugo Avenue, Burbank, CA 91501 (MLS # SR23115831)
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There is a once in a lifetime opportunity to purchase a large estate property and home, nestled at the base of the Verdugo foothills in the city of Burbank. This same opportunity presented itself to the existing owner’s family nearly 100 years ago, and produced a unique history and legacy of that family which has spanned six generations. Now, they have decided to “pass the torch” and offer the same, rarefied opportunity for a new owner to create their own history and legacy.Welcome to 1130 E. Verdugo Avenue, a large, private, exclusive hillside property and stately home located north of Sunset Canyon Drive. Privacy is guaranteed by its location at the very end of a wide Verdugo street, in a distinguished neighborhood. Against a backdrop of a tall tree-lined hillside, the fenced property is spacious and peaceful with flat, tiered grounds and a rolling landscaped terrain. Exclusivity is evident in the large expanses of both house and property.This three-story home includes both the 1st and 2nd floors at the home grade level, and a semi-subterranean basement at the lower level. An unfinished basement level provides plenty of opportunity for expansion. The total square footage of the house is slightly below 6000 square feet.Development opportunities for the property and home include: a circular driveway; an appurtenant garage/ADU or pool house; an elevated, eye-level infinity pool with cascading water overlooking the expansive estate grounds; a second private driveway for an attached basement level ADU apartment or full size business/home office with additional parking and storage; a grand family room with tall windows and city views; and for the enterprising and innovative, a three parcel hillside subdivision (see the civil engineering study to develop the three parcel subdivision.)
| DAYS ON MARKET | 67 | LAST UPDATED | 8/29/2023 |
|---|---|---|---|
| YEAR BUILT | 1967 | COMMUNITY | Burbank |
| GARAGE SPACES | 2.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Los Angeles Unified |
|---|
| PRICE HISTORY | |
| Prior to Aug 29, '23 | $3,200,000 |
|---|---|
| Aug 29, '23 - Today | $2,895,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Burbank |
| BASEMENT | Unfinished, Yes |
| BUYER'S BROKERAGE COMPENSATION | 2.500 % |
| FIREPLACE | Yes |
| GARAGE | Driveway, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Balcony, Bedroom on Main Level, Laminate Counters, Unfurnished |
| LOT | 3.87 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Lawn, Lot Over 40000 Sqft, Yard |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Traditional |
| UTILITIES | Natural Gas Connected,Sewer Connected,Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills,Mountain(s) |
| WATER | Public |
| ZONING | BUR1* |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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