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1423 Hollywood Way
Burbank, CA 91505
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
PROPERTY INFORMATION
| MLS # | SR24197556 | Lot Size | 2,689 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,100,000
Price Per SqFt: $ 938 |
DOM | 200 Days |
| Address | 1423 Hollywood Way | Type | Residential Income |
| City | Burbank | Sq.Ft. | 1,173 Sq. Ft. |
| Postal Code | 91505 | Garage | N/A |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | 1953 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Range |
| Has Heating | Yes |
| Heating Information | Electric |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Laminate |
| EntryLocation | multiple |
| Entry Level | 1 |
| WindowFeatures | Double Pane Windows |
EXTERIOR FEATURES
| ExteriorFeatures | Barbecue Private |
| FoundationDetails | Raised |
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/16/2024 | Listed | $1,100,000 |
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Listing provided courtesy of Anju Kohli, Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
