520701 Hollywood Way new

Burbank,CA 91505

$ 19800000

- Bed

- Bath

38482 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 38,482 sqft

Price per Sqft $514

MLS Listing ID CRSR24233145

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1990

Lot Size 0.740 Acres

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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

Water Private

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