1423 N Hollywood WAY Burbank, CA 91505
UPDATED:
10/17/2024 01:32 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24197556
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1953
Annual Tax Amount $5,437
Lot Size 2,687 Sqft
Property Description
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
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features All Bedrooms Down
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Appliance Gas Range
Laundry Inside
Exterior
Exterior Feature Barbecue
Garage On Street, Uncovered
Fence Wood
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Shingle
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2436026004
Energy Description 480.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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