Burbank, CA 91505,1423 N Hollywood WAY
Burbank, CA 91505,1423 N Hollywood WAY
Burbank, CA 91505,1423 N Hollywood WAY
19
$1,050,000
$1,100,000
4.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,687 Sqft Lot

1423 N Hollywood WAY Burbank, CA 91505

Est. payment /mo
SOLD DATE : 02/04/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24197556

Year Built 1953

Annual Tax Amount $5,437

Lot Size 2,687 Sqft

Property Description

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

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate

Laundry Inside

Exterior

Exterior Feature Barbecue

Parking Features On Street, Uncovered

Fence Wood

Pool None

Community Features Suburban

View Y/N No

View None

Roof Type Shingle

Building

Lot Description 2-5 Units/Acre

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Anju Kohli • Equity Union • 310-404-6955
Bought with Terence McCorry • Collin St. Johns Real Estate, Inc.

GET MORE INFORMATION

agent

Norman Bramstedt

Broker Associate | License ID: 01435004

+1(619) 955-0488

Name
Phone*
Message