520701 HOLLYWOOD WAY, BURBANK CA 91505

  • 38,482 sq.ft.
  • 32,239 sq.ft. lot
offered at $19,800,000
MLS#:SR24233145
Status: Active Under Contract // Property Type:
County: Los Angeles // Year Built: 1990

Property Description

Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.

Listing Courtesy of Levon Alexanian, Keller Williams World Media Center

Exterior Features

Exterior Features: Biking, Curbs
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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