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1848 N Hollywood Way

Burbank, CA 91505
  • $1,199,991
  • STATUS: ACTIVE
  • ON SITE: 14 Days
  • ID#: BB24186845
$1,199,991
  • 4
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Prime investment opportunity in Burbank! This well-maintained 4-unit building offers four 1 bedroom, 1 bathroom units, making it a great rental property. Each unit has been thoughtfully cared for by the same owner for nearly 30 years. The property includes 2 laundry area set-ups, 2 two-car garages, newer copper plumbing, and a newer roof. With alley access and a convenient location in the heart of Burbank, this is an ideal chance to invest in a highly desirable rental market. Don't miss this rare opportunity! Prime investment opportunity in Burbank! This well-maintained 4-unit building offers four 1 bedroom, 1 bathroom units, making it a great rental property. Each unit has been thoughtfully cared for by the same owner for nearly 30 years. The property includes 2 laundry area set-ups, 2 two-car garages, newer copper plumbing, and a newer roof. With alley access and a convenient location in the heart of Burbank, this is an ideal chance to invest in a highly desirable rental market. Don't miss this rare opportunity!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/155439715
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1848 N Hollywood Way Burbank, CA 91505

  • Price: $1,199,991
  • Status: ACTIVE
  • On Site: 14 Days
  • ID#: BB24186845
4
Beds
0
Baths
0
½ Baths
0.12
Acres
Neighborhood:
Burbank (91505)
County:
Los Angeles
Area:
Burbank (91505)
Property Description
Prime investment opportunity in Burbank! This well-maintained 4-unit building offers four 1 bedroom, 1 bathroom units, making it a great rental property. Each unit has been thoughtfully cared for by the same owner for nearly 30 years. The property includes 2 laundry area set-ups, 2 two-car garages, newer copper plumbing, and a newer roof. With alley access and a convenient location in the heart of Burbank, this is an ideal chance to invest in a highly desirable rental market. Don't miss this rare opportunity! Prime investment opportunity in Burbank! This well-maintained 4-unit building offers four 1 bedroom, 1 bathroom units, making it a great rental property. Each unit has been thoughtfully cared for by the same owner for nearly 30 years. The property includes 2 laundry area set-ups, 2 two-car garages, newer copper plumbing, and a newer roof. With alley access and a convenient location in the heart of Burbank, this is an ideal chance to invest in a highly desirable rental market. Don't miss this rare opportunity!
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.5 Annual Expense Actual 17370 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 16.81 Gross Scheduled Income Actual 71340 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 0.0 Unit2 Rent Actual 1350.0 Unit3 Rent Actual 1300.0 Unit4 Rent Actual 1300.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Bradley Korb of Brad Korb Real Estate Group: 818-953-5300. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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