520701 North Hollywood Way
$19,800,000
6
76
38,482
38,482
$515
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...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.
- Listed by Levon Alexanian • DRE #00911091 • Brokerage DRE #01521876 • Keller Williams World Media Center • info@alexanianadvisors.com
Property Details for 520701 North Hollywood Way
Parking Spaces Total
0
Private PoolNo
Total Units44.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area38482
Property Attached YNtrue
Common Walls1 Common Wall
LISTING UPDATED: 11/13/2024 03:15 AM
Property Details for 520701 North Hollywood Way
Status | Active |
---|---|
MLS # | SR24233145 |
Days on Market | 3 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1990 |
County | Los Angeles County |
Building Information for 520701 North Hollywood Way
Building/Complex520701 N Hollywood WayFloor-Stories3Residences-Pet Policy-Year Built1990Building Size-
Property Information for 520701 North Hollywood Way
Property History for 520701 North Hollywood Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 520701 North Hollywood Way
This home is within Burbank Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
R. L. Stevenson Elementary School PublicK to 5 | ||
Dolores Huerta Middle Public6 to 8 | ||
John Burroughs High School Public9 to 12 | ||
Burbank Unified Independent Learning Academy (Buila) PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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