520701 Hollywood Way, Property Listing: MLS® #SR24233145

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.

520701 Hollywood Way, Property Listing: MLS® #SR24233145 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SR24233145
  • 520701 Hollywood Way
  • , CA 91505
  • $19,800,000
  • 0.74 Acres
  • Office: Keller Williams World Media Center

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.

Supplemental Remarks

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Essential Information

  • MLS® #SR24233145
  • Listing Price$19,800,000
  • Original Listing Price$19,800,000
  • Date ListedNovember 13th, 2024
  • Bathrooms0.00
  • Acres0.74
  • Lot Sq.Ft.32,239
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address520701 Hollywood Way
  • AreaBURBANK (91505)
  • CountyLos Angeles
  • StateCA
  • Zip Code91505

Amenities

  • PoolN/K

Exterior

  • Lot DescriptionCurbs
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Listing information last updated on November 29th, 2024 at 8:53pm PST.