Perfect Burbank Triplex, of three studio units, in a great location.
This income property is located with easy access to the 134/ 5/ and 101 freeways.
Minutes from all major movie studios, the Burbank Airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire Center.
Burbank is known for wonderful schools and a high demand rental market. All units are currently occupied. Improvements include:
3 interior electrical panels upgraded
3 exterior panels upgraded
Upgraded drains throughout the property.
New toilets throughout
New sinks throughout
The whole property has a re-circulating hot water line (instant hot water throughout the unit).
Unit A :
New kitchen cabinets.
45 full grown ficus tress for privacy.
Exterior Pation Space in Front of unit.
Unit B: Middle unit, polished concrete floors throughout
Unit C: Outdoor sink. Hot and cold water .
[ Back yard exclusive ] [BBQ pit] natural gas line
One parking spot available with this unit
The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents.
This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio.
Zoning BUR4 *
R-4 High Density Residential
This income property is located with easy access to the 134/ 5/ and 101 freeways.
Minutes from all major movie studios, the Burbank Airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire Center.
Burbank is known for wonderful schools and a high demand rental market. All units are currently occupied. Improvements include:
3 interior electrical panels upgraded
3 exterior panels upgraded
Upgraded drains throughout the property.
New toilets throughout
New sinks throughout
The whole property has a re-circulating hot water line (instant hot water throughout the unit).
Unit A :
New kitchen cabinets.
45 full grown ficus tress for privacy.
Exterior Pation Space in Front of unit.
Unit B: Middle unit, polished concrete floors throughout
Unit C: Outdoor sink. Hot and cold water .
[ Back yard exclusive ] [BBQ pit] natural gas line
One parking spot available with this unit
The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents.
This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio.
Zoning BUR4 *
R-4 High Density Residential
Property Details
Price:
$1,100,000
MLS #:
SR24197556
Status:
Active
Baths:
0
Address:
1423 N Hollywood Way
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Sep 25, 2024
State:
CA
ZIP:
91505
Lot Size:
2,689 sqft / 0.06 acres (approx)
Year Built:
1953
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Range
Cooling
Wall/ Window Unit(s)
Flooring
Laminate
Heating
Electric
Window Features
Double Pane Windows
Exterior
Community Features
Suburban
Exterior Features
Barbecue Private
Fencing
Wood
Foundation Details
Raised
Garage Spaces
0.00
Green Energy Efficient
Water Heater
Lot Features
2-5 Units/ Acre
Parking Features
Street, Uncovered
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities, Trash Collection
Map
Community
- Address1423 N Hollywood Way Burbank CA
- Area610 – Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91505
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1423 N Hollywood Way
Burbank, CA
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