520701 Hollywood Way, Burbank, CA 91505

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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
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 Nov 13th, 2024 at 7:16 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.