1509 N Hollywood Way

Burbank, CA 91505 $55,000.00 (-3.14%) Closed for $1,595,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 8,089 sqft


Property Facts
MLS BB24117358
Year Built 1949
Property Type Triplex
County Los Angeles
Status Closed
Closed $1,595,000
Structure Size N/A sqft
Lot Size 8,089 sqft
Beds N/A
Baths N/A

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.

Listing information courtesy of: Deion Gerhard, Century Property Mngmt&Invest 818-841-3359. *Based on information from the Association of REALTORS/Multiple Listing as of 11/09/2024 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.


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