Burbank, CA 91505,1509 N Hollywood WAY
Burbank, CA 91505,1509 N Hollywood WAY
Burbank, CA 91505,1509 N Hollywood WAY
7
$1,595,000
$1,695,000
5.9%
Est.Price: ?

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8,089 Sqft Lot

1509 N Hollywood WAY Burbank, CA 91505

Est. payment /mo
SOLD DATE : 11/01/2024

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Key Details

Sold Price $1,595,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB24117358

Sold Date 11/01/24

HOA Y/N No

Year Built 1949

Lot Size 8,089 Sqft

Property Description

6-Unit Apartment Building with Timeless Design in Prime Burbank Location

Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living.

6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces.
Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants.
The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters.

Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment.

The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Don't miss this rare opportunity to own a premium rental property in one of Burbank's most desirable locations.

Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Inside

Exterior

Parking Features Assigned, Asphalt, On Site, Off Street, One Space, Uncovered

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility Parking

Total Parking Spaces 6

Private Pool No

Building

Lot Description Sprinklers In Front, Near Public Transit, Sprinklers Timer, Sprinkler System

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2436025005

Energy Description 1716.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Deion Gerhard • Century Property Mngmt&Invest • 818-269-7532
Bought with HUI LING CHAN • Beverly and Company, Inc.

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Jade Lee Duffy

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