520701 Hollywood WAY Pending

Burbank,CA 91505

$ 19800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRSR24233145

Originating Board California Regional MLS

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

Area 610 - Burbank

Interior

Laundry Laundry Area

Exterior

Pool None

Building

Water Private

Others

Special Listing Condition Not Applicable

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