520701 Hollywood Way, Burbank, CA 91505

0 beds 0 baths 32,239 sq.ft.

Offerered at: $19,800,000.00

County: Los Angeles
Year Built: 1990
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active