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520-526 N Hollywood Way
Burbank, CA 91505
Media Crest at 520 | 5.35% CAP · Multifamily Property For Sale
·
20 Units
Investment Highlights
- 13.7 GRM & 5.35% on current
- Built 1990
- Significant capital improvements & upgrades
- Across the street from $500M redevelopment Ranch Lot Studios
- Turn Key Offering - 6% cap @ market
- Can be acquired ass 44 unit portfolio
Property Facts
| No. Units | 20 | Building Size | 18,044 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1990/2020 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | BUR4* - Multiple Dwelling Zone | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 18,044 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2020 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | BUR4* - Multiple Dwelling Zone |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Oven
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 700 |
| 2+2 | 13 | - | 1,100 - 1,200 |
Property Taxes
| Parcel Number | 2483-009-023 | Improvements Assessment | $4,710,611 |
| Land Assessment | $3,140,407 | Total Assessment | $7,851,018 |
Property Taxes
Parcel Number
2483-009-023
Land Assessment
$3,140,407
Improvements Assessment
$4,710,611
Total Assessment
$7,851,018
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