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520701 Hollywood Way
Burbank CA 91505 US

$19,800,000

Active Listing ID SR24233145
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6 bed
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5.00 Bath (5 Full)
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Lot: 32,239.00 Square Feet
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Apartment

$19,800,000

Active Listing ID SR24233145
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520701 Hollywood Way 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.

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Property Features

  • Facts
  • Lot Size: 32,239.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 5
  • Exterior Finish: Community Features Included: Biking, Curbs, Landscaped

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 19800000
  • unparsedaddress: 520701 Hollywood Way
  • postalcity: Burbank
  • stateorprovince: CA
  • country: US
  • postalcode: 91505
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.740105601469238
  • lotsizeunits: Square Feet
  • lotsizearea: 32239
  • livingarea: 38482
  • livingareaunits: Square Feet
  • latitude: 34.160266
  • longitude: -118.34284
  • listagentfullname: Levon Alexanian
  • listagentemail: info@alexanianadvisors.com
  • listagentkey: 3yd-MRMLSCA-F207017570
  • listagentmlsid: F207017570
  • listagentpreferredphone: 8182393500
  • listagentofficephone: 8182393500
  • listofficekey: 3yd-MRMLSCA-F8552001
  • listagentstatelicense: 00911091
  • listofficemlsid: F8552001
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1990
  • listingcontractdate: 2024-11-13
  • listagenturl: http://www.AlexanianAdvisors.com
  • countyorparish: Los Angeles
  • numberofunitstotal: 44
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Community Features Included: Biking, Curbs, Landscaped
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.34284, 34.160267
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@alexanianadvisors.com", "ListBrokerageCity":"Burbank", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mike@nickandmike.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/110/456531/20230519181552844.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(818) 239-3500", "ListBrokeragePostalCode":"91502", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"401 S. First Street", "ListBrokerageWebsiteUrl":"http://www.thinkkw.com", "ListOfficeAddress1":"111 N. First St.", "ListOfficeAddress2":"Suite 300", "ListOfficeBrokerMlsId":"f207089657", "ListOfficeCity":"Burbank", "ListOfficeCountry":"US", "ListOfficeEmail":"mikenap8@gmail.com", "ListOfficePostalCode":"91502", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Burbank, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/520701-Hollywood-Way_Burbank_CA_91505_M98704-60892?f=listhub&s=MRMLSCA&m=SR24233145&c=rexren", "MLSModificationTimestamp":"2024-11-13T10:53:26Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2024 4:09:08 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Levon Alexanian, Keller Williams World Media Center, info@alexanianadvisors.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.