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1423 N Hollywood WAY Burbank, CA 91505
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR24197556
Sold Date 02/04/25
Originating Board California Regional MLS
Year Built 1953
Lot Size 2,689 Sqft
Property Sub-Type Triplex
Property 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
Location
State CA
County Los Angeles
Area 610 - Burbank
Rooms
Kitchen Oven Range - Gas
Interior
Heating Electric
Cooling Window / Wall Unit
Flooring Laminate
Laundry Other
Exterior
Parking Features Off-Street Parking, Uncovered Parking
Pool None
View None
Roof Type Shingle
Building
Foundation Raised
Water District - Public
Others
Tax ID 2436026004
Special Listing Condition Not Applicable
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Bought with Terence McCorry