1425 N Hollywood Way, Burbank, CA 91505
Triplex · 2 recorded sales since 2015
Sold June 2022
Listing Agent: Catharine Stevens (DRE #01214428) · Listing Office: Real Value Properties · Contact: 818-845-3380 · Bought with: Jack Tanner · Beach Cities Properties, Inc. · MLS #SR22066549 · Source: CRMLS
About this triplex
Perfect Triplex starter for investor in a convenient location. Three units consisting of 1 bedroom 1 bath and two studio units consist of a 1 - 1 bedroom 1 Bath unit and 2 studios with 3/4 baths. This income property is located in the Media Capitol of the world 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 its award winning schools and high demand rental market. All units are currently occupied and are on month to month. The garage is rented separately for $275 per month and leased coin laundry generates approximately $40.00 per month. Improvements include: Earthquake retrofitted, new gas line in 2019 and most of the plumbing has been replaced. Unit B (Studio) remodeled. Low maintenance ease of management building with strong upside in rents. This is an exceptional opportunity for the first time investor or the savvy investor looking to add to their portfolio. Zoning BUR4*.
Listing description from the June 2022 sale, as reported to CRMLS.
Sale history
