1848 N Hollywood Way Burbank, CA $ 1,199,991
1848 N Hollywood Way
$ 1,199,991
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1848 N Hollywood Way

Burbank, CA, 91505
$ 1,199,991
Bedrooms1 Baths1.0 Sq 2,477

Monthly Estimate*

$ 7,187

Listed by Brad Korb Real Estate Group
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Multi-Family Home for sale in Burbank, CA

for $1,199,991 with 1 bedroom and 1 full bath. This 2,477 square foot home was built in 1947 on a lot size of 0.124.

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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Multi-Family Active

Price

$ 1,199,991

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.124

Year Built

1947

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

BB24186845

Days on Market

4

Features
General
Sewer PublicSewer
Zoning BUR4*
Garage Spaces 4.0
Pool Features None
Year Built 1947
Property SubType Quadruplex
Gross Income 71340.0
Community Features Curbs StreetLights Sidewalks
County Los Angeles
Net Operating Income 53970.0
Operating Expense 17370.0
Insurance Expense 2000.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard Trust
Status Active
Directions Avon / Wyoming
City Burbank
Entry Location living room
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area 610 - Burbank
Lot Size Units SquareFeet
Lot Size Square Feet 5400.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms CashtoNewLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 370.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://www.tourfactory.com/idxr3171634
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 218
Property Sub Type Additional Quadruplex
Taxes 15000.0
Cap Rate 4.5
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Exterior
Lot Features FrontYard
Water Source Public
Total Parking 4.0
Lot Size Area 5400.0
Number of Buildings 1
Spa N
Building Area Total 2477.0
Lot Size Acres 0.124
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1848
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* Excluded Features
List By
Brad Korb Real Estate Group

Broker

(818) 953-5300

Phone

Affordability Calculator

$7,187
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,187
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2024$1,199,991 Listed Price

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1848 N Hollywood Way, Burbank, CA, 91505 is a Multi-Family Home for sale at $1,199,991 with 2,477 sqft and a lot size of 0.124. 1848 N Hollywood Way has 1 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 91505 which is in Burbank, CA