1509 N Hollywood Way
Burbank, CA 91505
- – beds
- – baths
- – sqft
- 8,089 sqft lot
- 1949 build
- – on site
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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.
Listed By CRMLS_CA / Deion Gerhard / Century Property Mngmt&Invest / 818-269-7532
Last checked:
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Last updated Nov 2, 2024
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MLS# BB24117358 —
The Building
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Year Built:1949
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Year Built Source:Assessor
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New Construction:No
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Architectural Style:Contemporary
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Roof:Composition
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Entry Level:1
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Foundation:Slab
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Accessibility Features:Parking
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Common Walls:2+ Common Walls
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Number With Patio:6
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Building Area Total:3409.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:6
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Stories Total:1
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# of Separate Gas Meters:6
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# of Separate Electric Meters:6
Interior
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Levels:One
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Entry Location:Front
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Flooring:Carpet, Laminate, Vinyl
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Fireplace:No
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Fireplace:None
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Laundry:Common Area, Dryer Included, Inside, Washer Included
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Laundry:1
Location
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Directions:One Block North of Burbank Blvd.
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Latitude:34.17679200
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Longitude:-118.34962500
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:BUR4*
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Lot Features:Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer
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Lot Size Area:8089.0000
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Lot Size Acres:0.1857
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Lot Size SqFt:8089.00
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Lot Size Source:Assessor
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View:None
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Road Surface Type:Alley Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:3112.00
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Tax Tract:8077
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Tax Lot:10
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2436025005
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Sidewalks, Street Lights
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Pool:None
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Assigned, Asphalt, Off Street, On Site, Parking Space, Uncovered
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Parking Spaces:6.00
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Uncovered Spaces:6.00
Extra Units
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Average 1 Bed Area:575
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/1/24
Nov 1, 2024
|
Sold | CRMLS_CA | $1,595,000 | -5.9% |
9/26/24
Sep 26, 2024
|
Pending | CRMLS_CA | $1,695,000 | |
9/12/24
Sep 12, 2024
|
Relisted | CRMLS_CA | $1,695,000 |