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701-711 N Hollywood Way
Burbank, CA 91505
Media Crest @ 701 · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Built 1989
- 12.9 GRM & 5.62% CAP - CURRENT
- Modernized asset with full renovations
- Across the street from $500M studio/office development
Property Facts
| No. Units | 24 | Building Size | 20,438 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | R-4 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 20,438 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | R-4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Heating
- Granite Countertops
- High Speed Internet Access
- Oven
- Range
- Carpet
Site Amenities
- Controlled Access
- Laundry Facilities
- Gated
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+2 | 18 | - | 900 - 1,300 |
Property Taxes
| Parcel Number | 2480-014-021 | Improvements Assessment | $5,575,361 |
| Land Assessment | $3,754,835 | Total Assessment | $9,330,196 |
Property Taxes
Parcel Number
2480-014-021
Land Assessment
$3,754,835
Improvements Assessment
$5,575,361
Total Assessment
$9,330,196
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