CA > Burbank
Burbank, CA 91505,1799 N Hollywood Way
Burbank, CA 91505,1799 N Hollywood Way
Burbank, CA 91505,1799 N Hollywood Way
25
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$3,895,000
Est. payment /mo
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14 Beds
13 Baths
9,306 SqFt
Active

1799 N Hollywood Way Burbank, CA 91505

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,306 sqft

Price per Sqft $418

MLS Listing ID 25610503

Bedrooms 14

Year Built 1963

Lot Size 10,154 Sqft

Acres 0.2331

Property Sub-Type Multi-Family

Property Description

Situated near the popular Magnolia Park neighborhood, the property occupies a corner lot within a quiet area surrounded by mostly single-family residences. Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The current owners have completed all seismic retrofit repairs (Buyer to verify), saving a new investor from an otherwise costly maintenance expense. The property also offers investors a strong supplemental revenue stream via its landlord-owned laundry facilities. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and DreamWorks Animation.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Garage Spaces 14.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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1799 N Hollywood Way