$ 19,800,000
520701 Hollywood Way Burbank, CA 91505
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Listed by Levon Alexanian • Keller Williams World Media Center
$ 19,800,000
Est. payment | /mo
38,482 SqFt
$ 19,800,000
Est. payment | /mo
38,482 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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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227