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Sold for $1,050,000 on 02/04/25
  • Listing Provided by: 

    Anju Kohli DRE #02056635 310-404-6955,

    Equity Union

    $1,050,000

    1423 N Hollywood Way, Burbank, CA 91505

    --beds
    --baths
    1,173sqft
    Triplex
    Built in 1953
    -- sqft lot
    $1,032,400 Zestimate®
    $895/sqft
    $4,232 Estimated rent

    What's special

    Perfect Burbank Triplex, of three studio units, in a great location. This income property is located 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 wonderful schools and a high demand rental market. All units are currently occupied. Improvements include: 3 interior electrical panels upgraded 3 exterior panels upgraded Upgraded drains throughout the property. New toilets throughout New sinks throughout The whole property has a re-circulating hot water line (instant hot water throughout the unit). Unit A : New kitchen cabinets. 45 full grown ficus tress for privacy. Exterior Pation Space in Front of unit. Unit B: Middle unit, polished concrete floors throughout Unit C: Outdoor sink. Hot and cold water . [ Back yard exclusive ] [BBQ pit] natural gas line One parking spot available with this unit The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents. This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio. Zoning BUR4 * R-4 High Density Residential

    Zillow last checked: 7 hours ago

    Listing updated: February 05, 2025 at 12:32pm

    Listing Provided by:

    Anju Kohli DRE #02056635 310-404-6955,

    Equity Union

    Bought with:

    Terence McCorry, DRE #01717291

    Collin St. Johns Real Estate, Inc.

    Source: CRMLS,MLS#: SR24197556MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Range
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Laminate
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,173
    • Total interior livable area: 1,173 sqft

    Property

    Parking
    • Parking features: On Street, Uncovered
    Features
    • Entry location: multiple
    • Exterior features: Barbecue
    • Pool features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,689 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 2436026004
    • Zoning: BUR4*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Water Heater
    • Water conservation: Water-Smart Landscaping

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Burbank

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,032,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,032,400