1423 N Hollywood WAY Active Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91505
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,173 sqft
Price per Sqft $937
MLS Listing ID SR24197556
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1953
Annual Tax Amount $5,437
Lot Size 2,687 Sqft
Acres 0.0617
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 Density Residential
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Rooms
Other Rooms All Bedrooms Down
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate
Appliance Gas Range
Laundry Inside
Exterior
Exterior Feature Barbecue Private
Parking Features Street,Uncovered
Fence Wood
Pool None
Community Features Suburban
View None
Roof Type Shingle
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS Cash,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Anj Kohli Catalano
SHOW CONTACT PH 3104046955
SHOW INSTRUCTIONS All Units are occupied with tenants, Please do not disturb tenants. 24hr Notice Required for all showings.