$19,800,000
32,239 Sqft Lot

520701 Hollywood Way, Burbank, California 91505

  • Residential Income Property Type
  • 1990 Year Built
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.

Basic Details
Residential Income
For Sale
SR24233145
$19,800,000
1990
32,239 Sqft
Active
Apartment
Features
: No
: Biking, Curbs
$0
: Private Sewer
Address Map
California
Los Angeles
Burbank
91505
520701 Hollywood Way
0
W119° 39' 25.8''
N34° 9' 37''
.
Additional Information
$0
38,482 Sqft
$0
5.7
21
21
$0
0
1
1
1
Cash,AllFinancingConsidered,Conventional
: Landscaped
$0
1
: Standard
3
$0
Broker/Agent Information
Keller Williams World Media Center
F8552001
mikenap8@gmail.com
Levon Alexanian
F207017570
info@alexanianadvisors.com
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069