Burbank, CA 91505,1509 N Hollywood Way
Burbank, CA 91505,1509 N Hollywood Way
Burbank, CA 91505,1509 N Hollywood Way
$1,595,000
Est. payment /mo
$1,695,000
5.9%
Est.Price: ?

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1 Bed
1 Bath
8,089 Sqft Lot
SOLD DATE : 11/01/2024

Key Details

Sold Price $1,595,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB24117358

Sold Date 11/01/24

Bedrooms 1

HOA Y/N No

Lot Size 8,089 Sqft

Property Description

6-Unit Apartment Building with Timeless Design in Prime Burbank Location Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living. 6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces. Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants. The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters. Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment. The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Dont miss this rare opportunity to own a premium rental property in one of Burbanks most desirable locations. Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.
6-Unit Apartment Building with Timeless Design in Prime Burbank Location Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living. 6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces. Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants. The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters. Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment. The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Dont miss this rare opportunity to own a premium rental property in one of Burbanks most desirable locations. Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area Burbank (91505)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $73

Acceptable Financing Cash, Conventional

Space Rent $9,875

Listing Terms Cash, Conventional

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Deion Gerhard • Century Property Mngmt&Invest
Bought with HUI LING CHAN • Beverly and Company, Inc.
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