$19,800,000
38,482 Sqft
32,239 Sqft

520701 Hollywood Way, Burbank Ca 91505

  • Commercial Sale Property Type
  • 43 Days Days On Market
  • 1990 Year Built
Property Description

Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.

Basic Details
Commercial Sale
Other
Pending
CRSR24233145
$19,800,000
43
38,482 Sqft
1990
32,239 Sqft
0.74 Acre
Pending
Features
Private Sewer
: Other
: Other
Address Map
CA
Los Angeles
Burbank
91505
Hollywood Way
520701
W119° 39' 25.8''
N34° 10' 17.8''
.
Additional Info
Keller Williams World Media Center
Levon Alexanian
info@alexanianadvisors.com
Pending
Private
For Sale
Price History
01/01/1970
11/13/2024
$19,800,000
$0
Additional Information
38482
Listing Information
2024-12-26T20:46:44Z
BayEast
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    Rekha Mahalingam
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    Srinivas Sanigepalli
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    Puja Gupta
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