520701 Hollywood Way, Burbank, CA 91505
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Listed Price :
$19,800,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1990
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
520701 Hollywood Way |
| City |
Burbank |
| State |
CA |
| Zip |
91505 |
| County |
Los Angeles |
| Listing Agent |
Levon Alexanian DRE #00911091 |
| Courtesy Of |
Keller Williams World Media Center |
| List Price |
$19,800,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
32,239 |
| Year Built |
1990 |
Listing information courtesy of: Levon Alexanian, Keller Williams World Media Center. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 26th, 2024 at 8:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
