Active

520701 Hollywood Way

Burbank CA, 91505

$19,800,000


$514.53 per sqft

Active

38,482 sqft

Condos

Built in 1990

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.

SR24233145

MLS ID

November 13, 2024

Listed

December 5, 2024

Updated

Map

520701 Hollywood Way
Burbank CA, 91505

Interior Features

Total Stories

3


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.74 Acres


Lot Features

Landscaped


Sewer

Private Sewer

Other Property Details

Area Name

610 - Burbank


Days on Market

21


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Private


Pool

No


Pool Features

None

Listed by Levon Alexanian, Keller Williams World Media Center, CA DRE 00911091

Listing Contact: [email protected] 

Based on information from the CRISNet MLS as of 12/5/2024, 12:00 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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