$1,695,000
For Sale

1509 N Hollywood Way

Burbank, CA 91505
0.19 acres | #BB24117358
Listing OfficeCentury Property Mngmt&Invest
Browse 9 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.

  • Property Details
      • Lot DescriptionSprinklersInFront, NearPublicTransit, SprinklersTimer, SprinklerSystem
      • Stories1
    • Measurements
      • Acres0.1857
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1949
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,750,000
  • Other
      • MLS #BB24117358

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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