Homes for sale - 520701 Hollywood Way, Burbank, CA 91505

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Mary Oh

mary.socalre@gmail.com +1(714) 595-1787

$ 19,800,000

Est. payment -/mo

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Active

520701 Hollywood Way Burbank, CA 91505

0.74 Acres Lot

UPDATED:

11/13/2024 07:16 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24233145

HOA Y/N No

Year Built 1990

Lot Size 0.740 Acres

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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking, Curbs

Private Pool No

Building

Lot Description Landscaped

Story 3

Sewer Private Sewer

Water Private

New Construction No

Others

Senior Community Yes

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Levon Alexanian • Keller Williams World Media Center • info@alexanianadvisors.com

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 595-1787

mary.socalre@gmail.com

110 E Wilshire Ave, Suite G1, Fullerton, California, 92832, USA