520701 Hollywood Way
$19,800,000
Description
520701 Hollywood Way,
Burbank,
CA
91505
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.
This is an Active listing.
Broker Office Phone Number: 818-239-3500
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Listing By: Keller Williams World Media Center via Data Source: California Regional Multiple Listing Service, Inc
Price History
| date | price | variance | type |
|---|
| 11/12/2024 | $19,800,000 | - | Listed |
listing agent: Levon Alexanian
