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$ 1,100,000
Est. payment /mo
Active
1423 N Hollywood Burbank, CA 91505
2,687 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26038541
HOA Y/N No
Year Built 1953
Lot Size 2,687 Sqft
Property Sub-Type Triplex
Property Description
Welcome to this exceptional triplex investment opportunity in the heart of Burbank — a rare offering of three well-maintained studio units in a highly desirable, high-demand rental market.
Ideally located with convenient access to the 134, 5, and 101 freeways, this property sits just minutes from major film studios, Burbank Airport, Amazon, Magnolia Park, the Empire Center, public transportation, and the Chandler Bike Path. Burbank's strong school system and consistently low vacancy rates make this an ideal long-term hold.
All three units are currently occupied, providing immediate cash flow.
Units highlights:
Unit A features newly installed kitchen cabinetry, a private front patio area, and mature Ficus trees providing exceptional privacy.
Unit B, the center unit, offers sleek polished concrete flooring throughout for a modern, low-maintenance finish.
Unit C includes exclusive backyard access complete with a BBQ area, natural gas line, and an outdoor sink with hot and cold water — perfect for entertaining. This unit also comes with one dedicated parking space.
The property is separately metered for gas and electricity, keeping operating costs low and management simple. With minimal maintenance requirements and strong upside potential in rental income, this asset is ideal for both first-time investors and seasoned portfolio builders.
Ideally located with convenient access to the 134, 5, and 101 freeways, this property sits just minutes from major film studios, Burbank Airport, Amazon, Magnolia Park, the Empire Center, public transportation, and the Chandler Bike Path. Burbank's strong school system and consistently low vacancy rates make this an ideal long-term hold.
All three units are currently occupied, providing immediate cash flow.
Units highlights:
Unit A features newly installed kitchen cabinetry, a private front patio area, and mature Ficus trees providing exceptional privacy.
Unit B, the center unit, offers sleek polished concrete flooring throughout for a modern, low-maintenance finish.
Unit C includes exclusive backyard access complete with a BBQ area, natural gas line, and an outdoor sink with hot and cold water — perfect for entertaining. This unit also comes with one dedicated parking space.
The property is separately metered for gas and electricity, keeping operating costs low and management simple. With minimal maintenance requirements and strong upside potential in rental income, this asset is ideal for both first-time investors and seasoned portfolio builders.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Street Lights
View Y/N No
View None
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2436026004
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Arpine Yengibaryan Coldwell Banker Hallmark 747-270-4828, DRE #02374108
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