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Property 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.

Features
3
1
: Common Area
0
: Curbs, Biking
Additional Information
Keller Williams World Media Center
0
F207017570
F8552001
Levon
: Standard
35

Multi-Family For Sale

520701 Hollywood Way, Burbank, California 91505

38,482 Sqft
$19,800,000
Listing ID #SR24233145
Basic Details
Status : Active under contract
DaysOnMarket : 43
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SR24233145
Price : $19,800,000
Living Area : 38,482 Sqft
Lot Size : 32,239 Sqft
Year Built : 1990
Country : US
State : California
County : Los Angeles
City : Burbank
Zipcode : 91505
Price Per Square Foot : $515
ModificationTimestamp : 2024-12-26 12:16:26
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