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1240 Verdugo Spring Ln

Burbank, CA 91501

4 bd 3 ba 2,103 sqft Built 1957 Lot 7,669 sqft single_family
Most recent sale
$1,200,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $1,200,000 MLS #PW22114700
Sep 8, 2022 Listed $1,299,000 MLS #PW22114700
Aug 30, 2013 Sold $710,000 Public Record
Jul 17, 2013 Listing removed $699,996 CRMLS
Jul 9, 2013 Relisted $699,996 MLS #BB13086519
Jul 2, 2013 Listing removed $749,947 CRMLS
May 7, 2013 Listed $749,947 MLS #BB13086519
Sep 26, 2006 Sold $800,000 MLS #12077460
Jul 31, 2006 Listed $829,928 MLS #12077460
Jul 10, 2006 Listing removed $849,900 ITECH
Jan 9, 2006 Listed $849,900 MLS #12065854
Jan 15, 2003 Sold $519,000 MLS #12009498
Sep 11, 2002 Listed $519,000 MLS #12009498

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $312,120 $936,360 $1,248,480 $14,134
2024 $312,120 $936,360 $1,248,480 $13,712
2023 $300,000 $900,000 $1,200,000 $13,566
2022 $279,660 $540,495 $820,155 $9,109
2021 $274,177 $529,898 $804,075 $9,071
2020 $271,366 $524,465 $795,831 $8,971
2019 $266,046 $514,182 $780,228 $8,705
2018 $260,830 $504,100 $764,930 $8,608
2017 $255,716 $494,216 $749,932 $8,430
2016 $250,702 $484,526 $735,228 $8,171
2015 $246,937 $477,248 $724,185 $8,006
2014 $242,100 $467,900 $710,000 $7,984
2013 $140,600 $609,400 $750,000 $8,392
2012 $129,300 $560,400 $689,700 $7,716
2010 $129,300 $560,400 $689,700 $7,679
2009 $129,300 $560,400 $689,700 $7,545
2008 $153,000 $663,000 $816,000 $8,881
2007 $150,000 $650,000 $800,000 $8,584

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,103 sqft
Lot size
7,669 sqft
ZIP code
91501
City
Burbank
Street
Verdugo Spring Ln
Coordinates
34.19161, -118.28964

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,730
Gross rental yield
6.73%
Implied cap rate
4.37%
Trend-extrapolated value

Frequently asked questions

When did 1240 Verdugo Spring Ln last sell?
1240 Verdugo Spring Ln most recently sold on Oct 21, 2022 for $1,200,000.
What is the current tax assessment for 1240 Verdugo Spring Ln?
The most recent total assessment for 1240 Verdugo Spring Ln (year 2025) is $1,248,480 with $14,134 in property tax.
How does 1240 Verdugo Spring Ln's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,200,000.
When was 1240 Verdugo Spring Ln built?
1240 Verdugo Spring Ln was built in 1957.
How does 1240 Verdugo Spring Ln compare to others on Verdugo Spring Ln?
We do not currently track other properties on Verdugo Spring Ln.
What are the property facts for 1240 Verdugo Spring Ln?
1240 Verdugo Spring Ln is a 4 bed, 3 bath, 2,103 sqft, 7,669 sqft lot single_family.
Is 1240 Verdugo Spring Ln a flip candidate?
No — 1240 Verdugo Spring Ln does not appear in our flips dataset.
Is 1240 Verdugo Spring Ln a tax-appeal candidate?
No — 1240 Verdugo Spring Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.2%
Implied 1-yr
-12.7%
2026 Q3
$1.15M
2026 Q4
$1.1M
ZIP 91501 — Median Price History + Forecast

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