520701 Hollywood Way
Burbank, CA 91505
0.74 acres | #SR24233145
Description
Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.
Property Details
- Property TypeMulti-Family
- Sewer InformationPrivateSewer
- CountyLos Angeles
- Original List Price$19,800,000
- Lot DescriptionLandscaped
- MLS #SR24233145
- MLS #SR24233145
- Property SubtypeApartment
- Cost19800000
- Utility SourcePrivate
- Acres0.7401
- Year Built1990
- Stories3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Levon Alexanian (#F207017570)
Listing Office: Keller Williams World Media Center (#F8552001)
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