Listing provided courtesy of Levon Alexanian of Keller Williams World Media Center. Last updated 2024-11-27 09:11:20.000000. Listing information © 2024 Sandicor.
Asking Price: $19,800,000
520701 Hollywood Way, Burbank CA 91505
Community: 610 - Burbank
This Apartment property was built in 1990 and is priced at $19,800,000. Please see the additional details below.
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.