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1423 N Hollywood Way

Burbank, CA 91505

– beds
– baths
– sqft
2,689 sqft lot
1953 build
– on site

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

Listed By CRMLS_CA / Anju Kohli / Equity Union / 310-404-6955

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# SR24197556 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1953
Year Built Source:

Public Records
New Construction:

No
Roof:

Shingle
Exterior Features:

Barbecue Private
Entry Level:

1
Foundation:

Raised
Common Walls:

2+ Common Walls
Building Area Total:

1173.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

3
Stories Total:

1
# of Separate Gas Meters:

3
# of Separate Water Meters:

3
# of Separate Electric Meters:

3

Interior

Entry Location:

multiple
Window Features:

Double Pane Windows
Flooring:

Laminate
Room Type:

All Bedrooms Down
Number Wall AC:

3
Laundry:

Inside
Laundry:

1

Location

Directions:

North of Burbank and East of Clybourn
Latitude:

34.17589900
Longitude:

-118.34964200

The Property

Property Type:

Residential Income
Subtype:

Triplex
Property Condition:

Updated/Remodeled
Zoning:

BUR4*
Lot Features:

2-5 Units/Acre
Lot Size Area:

2689.0000
Lot Size Acres:

0.0617
Lot Size SqFt:

2689.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood
Fence:

Yes
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3112.00
Tax Tract:

8
Tax Lot:

22
Tax Annual Amount:

5437.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2436026004

Heating & Cooling

Heating:

1
Heating:

Electric
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Green Energy Efficient:

Water Heater
Green Water Conservation:

Water-Smart Landscaping
Water Source:

Public

Appliances

Appliances:

Gas Range
Included:

Yes

The Community

Senior Community:

No
Features:

Suburban
Pool:

None
Private Pool:

No
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Street, Uncovered

Extra Units

Average Studio Area:

350
Number With Drapes:

3
Number With Disposal:

2
Number With Refrigerator:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/16/24 Oct 16, 2024	Listed / Active	CRMLS_CA	$1,100,000

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This multifamily located in Northwest District, Burbank, CA 91505 is currently for sale for $1,100,000. 1423 N Hollywood Way is a – square foot multifamily with – beds and – baths that has been on Estately for 39 days. 1423 N Hollywood Way is in the Northwest District neighborhood of Burbank and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of John Burroughs High School, Luther Burbank Middle School, and Bret Harte Elementary School.

Listing Courtesy of: CRMLS_CA and Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of 19:03 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.