1423 N Hollywood Way

Description

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

Listing information courtesy of: Anju Kohli, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.