$1,100,000
For Sale

1423 N Hollywood Way

Burbank, CA 91505
0.06 acres | #SR24197556
Listing OfficeEquity Union
Browse 19 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Perfect Burbank Triplex, of three studio units, in a great location.
This income property is located with easy access to the 134/ 5/ and 101 freeways.
Minutes from all major movie studios, the Burbank Airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire Center.
Burbank is known for wonderful schools and a high demand rental market. All units are currently occupied. Improvements include:
3 interior electrical panels upgraded
3 exterior panels upgraded
Upgraded drains throughout the property.
New toilets throughout
New sinks throughout
The whole property has a re-circulating hot water line (instant hot water throughout the unit).
Unit A :
New kitchen cabinets.
45 full grown ficus tress for privacy.
Exterior Pation Space in Front of unit.
Unit B: Middle unit, polished concrete floors throughout
Unit C: Outdoor sink. Hot and cold water .
[ Back yard exclusive ] [BBQ pit] natural gas line
One parking spot available with this unit
The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents.
This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio.
Zoning BUR4 *
R-4 High Density Residential

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • InteriorAllBedroomsDown
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,100,000
      • MLS #SR24197556
      • MLS #SR24197556
      • Exterior MaterialsBarbecue
      • Cost1100000
      • Property SubtypeTriplex
      • Acres0.0617
      • FoundationRaised
      • Utility SourcePublic
      • Taxes Annual$5,437
      • Year Built1953
      • Stories1

Location

Ustedcalificaynolosabe#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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