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1665 N Hollywood Way, Burbank, CA 91505

Fourplex

1665 N Hollywood Way, Burbank, CA 91505 Sold August 2023 CRMLS
$1,445,000Sold August 2023

Listing Agent: Cari Pelayo (DRE #01351500) · Listing Office: HomeSmart Evergreen Realty · Contact: 661-568-6060 · Bought with: Barbara Noriega · eXp Realty of California, Inc. · MLS #SR23121243 · Source: CRMLS

6,392 sqft
Lot Size
1947
Year Built
Fourplex
Type
1
Stories
4
Garage
WallWindowUnits
Cooling
NaturalGas, WallFurnace
Heating

About this fourplex

Welcome to this well cared for, charming 4 plex with EXCELLENT rents and stable tenants, so you’re guaranteed to collect rent. Each unit features 1 bedroom with a large closet & 1 bathroom, kitchens with quaint dining areas, and built-in shelving in the living rooms. Each unit has either a window, a wall or a portable AC unit and wall heater, to keep your tenants comfortable. 3 units have been updated with newer vinyl plank flooring & fresh paint. The property is self-sustaining, all 4 back doors, as well as the water heater closet doors have recently been replaced, the exterior has been freshly painted & the well-maintained yard has automatic sprinklers to keep the grass looking picture perfect! Tenants have space to BBQ or sit out under the stars in their designated back patio space . The 2 two car garages conveniently share a wall with the back unit making it the PERFECT owner-occupied space with room to expand. Convert half of the garage to add over 450 sq/ft to your owner’s unit plus, add direct access from the other half of the garage to include your own private owner 2 car garage parking: while collecting rent from the other tenants. If owner occupancy is not in your future, you can offer the garage space to the tenants, rent the garages out separately or convert the space into an ADU. There is also a 5th parking space next to the garage making parking issue’s something this building will never have to worry about. With this property the possibilities are endless. These units are close to the studios, the Burbank Airport, the 134 freeway, 5 freeway, public transportation and many walkable businesses. Don’t miss out on your opportunity to own this multi opportunity property. PLEASE DO NOT GO ON THE PROPERTY & PLEASE DO NOT DISTURB THE TENANTS

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,445,000
Sold August 2023 · listed $1,329,000, on market July 2023 · MLS #SR23121243 · Source: CRMLS
Listing Agent: Cari Pelayo · Listing Office: HomeSmart Evergreen Realty · Contact: 661-568-6060 · Bought with: Barbara Noriega · eXp Realty of California, Inc.
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