Listing provided courtesy of Anju Kohli of Equity Union. Last updated 2024-11-21 09:12:51.000000. Listing information © 2024 CLAW.
Asking Price: $1,100,000
1423 Hollywood, Burbank CA 91505
Community: 610 - Burbank
This Triplex property was built in 1953 and is priced at $1,100,000. Please see the additional details below.
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