520701 Hollywood Way, Burbank, CA 91505
  • MLS#: SR24233145 ( Apartment )
  • Street Address: 520701 Hollywood Way
  • Viewed: 2
  • Price: $19,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1990
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91505
  • Provided by: Keller Williams World Media Center
  • Contact: Levon Levon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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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Features
Building Area Total
  1. 38482.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Curb
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Lot Features
  1. Landscaped
Netoperatingincome
  1. 901522.00
Number Of Separate Electric Meters
  1. 45
Number Of Separate Gas Meters
  1. 45
Number Of Separate Water Meters
  1. 45
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Private Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 427188481:CRM
Totalexpenses
  1. 389115.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Private
Year Built
  1. 1990
Year Built Source
  1. Public Records