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1501 N Hollywood Way
Burbank, CA 91505
6-Unit Apartment in Prime Burbank · Multifamily Property For Sale
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6 Units
Investment Highlights
- Prime Downtown Burbank Location
- Value Add Investment Opportunity with approximately 16% upside in rent
- Excellent Unit Mix consisting of 3 (2+1) and 3 (1+1)
- Walk Score of 83, "Very Walkable"
Property Facts
| No. Units | 6 | Building Size | 4,624 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | BUR4* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,624 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | BUR4* |
Amenities
Unit Amenities
- Ceiling Fans
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,730 | - |
| 1+1 | 3 | $1,600 | - |
Property Taxes
| Parcel Number | 2436-025-007 | Improvements Assessment | $1,241,613 |
| Land Assessment | $827,742 | Total Assessment | $2,069,355 |
Property Taxes
Parcel Number
2436-025-007
Land Assessment
$827,742
Improvements Assessment
$1,241,613
Total Assessment
$2,069,355
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