Burbank, CA 91505,1509 North Hollywood Way
Listed by Deion Gerhard • Century Property Mngmt&Invest
$1,595,000
Est. payment /mo
Est.Price: ?

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3,409 SqFt
SOLD DATE : 11/01/2024

Key Details

Sold Price $1,595,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 3,409 sqft

Price per Sqft $467

MLS Listing ID BB-24117358

Style Contemporary

Year Built 1949

Lot Size 8,089 Sqft

Property Description

6-Unit Apartment Building with Timeless Design in Prime Burbank Location Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living. 6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces. Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants. The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters. Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment. The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Don't miss this rare opportunity to own a premium rental property in one of Burbank's most desirable locations. Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.

Location

State CA

County Los Angeles

Zoning BUR4*

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Laundry Common Area, Dryer Included, Inside, Washer Included

Exterior

Parking Features Off Street, On Site, Parking Space, Uncovered, Asphalt, Assigned

Pool None

Community Features Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers Timer

Sewer Public Sewer

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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