Active

520701 Hollywood Way

BURBANK CA, 91505

$19,800,000


$514.53 per sqft

Active

6 Beds

5 Baths

38,482 sqft

Multi-family

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.

SR24233145MR

MLS ID

November 13, 2024

Listed

November 22, 2024

Updated

Map

520701 Hollywood Way
BURBANK CA, 91505

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

5


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.74 Acres


Sewer

Private Sewer

Other Property Details

Area Name

Burbank


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Private


Pool

No


Pool Features

None

Listed by Levon Alexanian with Keller Williams World Media Center
Listing Contact: 8182391206 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor John Swartz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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