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    7545 N Hollywood Way

    Burbank, CA 91505
    • $1,495,000
    • STATUS: ACTIVE
    • ON SITE: 11 days
    • ID#: 302995850
    UPDATED: 12 min ago
    $1,495,000
    • 8
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    7545 N Hollywood Way is a well-maintained 4-unit investment. This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in Los Angeles County. The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of 6,491 SF with a total building size of 3,748 SF, it features an excellent unit mix of a 2-bedroom 1.5-bath 7545 N Hollywood Way is a well-maintained 4-unit investment. This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in Los Angeles County. The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of 6,491 SF with a total building size of 3,748 SF, it features an excellent unit mix of a 2-bedroom 1.5-bath townhome-style fourplex - each unit is approximately 937 SF. Built in 1964, the property has undergone some recent renovation and has been impeccably maintained for its future owner. Each unit is spacious and bright; it has been renovated with laminate wood flooring, countertops, and bathroom vanities; stainless steel appliances; separately metered for gas and electricity, with laundry hookups and 80 SF private patios. The property also features a newer roof and upgraded electrical panels with 3 dedicated parking spaces for each unit. Opportunity to build 8-10 units (Buyer to verify with the City).

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.carriefilla.com/homes/113128073
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    7545 N Hollywood Way Burbank, CA 91505

    • Price: $1,495,000
    • Status: ACTIVE
    • Updated: 12 min ago
    • ID#: 302995850
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    Burbank (91505)
    County:
    Los Angeles
    Area:
    Burbank (91505)
    Property Description
    7545 N Hollywood Way is a well-maintained 4-unit investment. This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in Los Angeles County. The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of 6,491 SF with a total building size of 3,748 SF, it features an excellent unit mix of a 2-bedroom 1.5-bath 7545 N Hollywood Way is a well-maintained 4-unit investment. This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in Los Angeles County. The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of 6,491 SF with a total building size of 3,748 SF, it features an excellent unit mix of a 2-bedroom 1.5-bath townhome-style fourplex - each unit is approximately 937 SF. Built in 1964, the property has undergone some recent renovation and has been impeccably maintained for its future owner. Each unit is spacious and bright; it has been renovated with laminate wood flooring, countertops, and bathroom vanities; stainless steel appliances; separately metered for gas and electricity, with laundry hookups and 80 SF private patios. The property also features a newer roof and upgraded electrical panels with 3 dedicated parking spaces for each unit. Opportunity to build 8-10 units (Buyer to verify with the City).
    Exterior Features

    Pool N/K

    Interior Features

    Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

    Property Features

    Annual Expense Actual 29932 Buildings 1 Gross Scheduled Income Actual 88068 Home Owners Fees 0.0 Tenant Pays ElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1476.0 Unit2 Rent Actual 1528.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 2035.0 Zoning Other

    Listing provided courtesy of Gig Real Estate Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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