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7539 N Hollywood Way
Burbank, CA 91505
Hollywood Way Apartments & Two Parcels · Multifamily Property For Sale
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7 Units
Investment Highlights
- 7-Units & two additional contiguous parcels for a total of 3 parcels totaling 17,192 SF
- There is major upside in the rents & this opportunity provides income during the entitlement process.
- Zoned LAR3-1 in Tier 3 of the Transit Oriented Communities Bonus Density District & in a Federal Opportunity Zone
Property Facts
| No. Units | 7 | Building Size | 3,916 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1954/2019 |
| Building Class | C | Parking Ratio | 2.55/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | LAR3-1 - Located in Tier 3 of the Transit Oriented Communities bonus density district | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,916 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2019 |
| Parking Ratio | 2.55/1,000 SF |
| Zoning | LAR3-1 - Located in Tier 3 of the Transit Oriented Communities bonus density district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Property Taxes
| Parcel Number | 2405-011-031 | Improvements Assessment | $192,892 |
| Land Assessment | $81,995 | Total Assessment | $274,887 |
Property Taxes
Parcel Number
2405-011-031
Land Assessment
$81,995
Improvements Assessment
$192,892
Total Assessment
$274,887
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