$1,595,000
$1,695,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1509 N Hollywood Way Burbank, CA 91505
3,409 SqFt
Key Details
Sold Price $1,595,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,409 sqft
Price per Sqft $467
MLS Listing ID CRBB24117358
Sold Date 11/01/24
HOA Y/N No
Year Built 1949
Lot Size 8,089 Sqft
Acres 0.19
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. Don’t miss this rare opportunity to own a premium rental property in one of Burbank’s most desirable locations. Please respect the privacy of current tenants.
Location
State CA
County Los Angeles
Area Listing
Zoning BUR4
Interior
Heating Other
Cooling Central Air
Flooring Laminate, Vinyl, Carpet
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other, Inside
Exterior
View Y/N false
View None
Handicap Access Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2436025005
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Bought with Hui LingChan