1423 N HOLLYWOOD, BURBANK CA 91505
- 3.00 baths
- 1,173 sq.ft.
- 2,689 sq.ft. lot
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.
Listing Courtesy of Arpine Yengibaryan, Coldwell Banker Hallmark
Exterior Features
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