Burbank, CA 91505,1425 N Hollywood WAY
Burbank, CA 91505,1425 N Hollywood WAY
Burbank, CA 91505,1425 N Hollywood WAY
5
$890,000
$875,000
1.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,687 Sqft Lot

1425 N Hollywood WAY Burbank, CA 91505

Est. payment /mo
SOLD DATE : 06/10/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $890,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR22066549

Sold Date 06/10/22

HOA Y/N No

Year Built 1945

Lot Size 2,687 Sqft

Property Sub-Type Triplex

Property Description

Perfect Triplex starter for investor in a convenient location. Three units consisting of 1 bedroom 1 bath and two studio units consist of a 1 - 1 bedroom 1 Bath unit and 2 studios with 3/4 baths. This income property is located in the Media Capitol of the world with easy access to the 134/5/and 101 freeways. Minutes from all major movie studios, the Burbank airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire center. Burbank is known for its award winning schools and high demand rental market. All units are currently occupied and are on month to month. The garage is rented separately for $275 per month and leased coin laundry generates approximately $40.00 per month. Improvements include: Earthquake retrofitted, new gas line in 2019 and most of the plumbing has been replaced. Unit B (Studio) remodeled. Low maintenance ease of management building with strong upside in rents. This is an exceptional opportunity for the first time investor or the savvy investor looking to add to their portfolio. Zoning BUR4*.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area, Stacked

Exterior

Garage Spaces 1.0

Garage Description 1.0

Fence None

Pool None

Community Features Biking, Curbs, Dog Park, Park, Street Lights, Sidewalks

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

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2436026003

Energy Description 1837.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to New Loan

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Catharine Stevens • Real Value Properties
Bought with Jack Tanner • Beach Cities Properties, Inc.

GET MORE INFORMATION

agent

Vanessa Gadea

Agent | License ID: 02149077

+1(323) 496-6651

Name
Phone*
Message