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.
MLS #
CRSR24233145
MLS Source
California Regional MLS
Days on Site
35
Garage/Parking
Garage: 0 Car(s)
Water
Private
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
520701 Hollywood Way is a Residential Income in Burbank, CA 91505. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $19,800,000 and was built in 1990.
This address can also be written as 520701 Hollywood Way, Burbank, CA 91505.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 13, 2024. For the most current information, please contact Levon Alexanian, (818) 239-1206