1799 N Hollywood Way - Apartments FOR SALE
Burbank, CA 91505 |
1799 N Hollywood Way
Burbank, CA 91505
HIGHLIGHTS
- Outstanding 5.42% CAP Rate with Upside in Attractive Burbank Location
- Not Subject to Los Angeles Rent Control -- Burbank’s Rent Legislation Allows for Higher Rent Increases and is More Favorable to Owners
- All Seismic Retrofit Repairs Completed (Buyer to Verify)
- Exquisitely Maintained Courtyard-Style Apartments with New Exterior Paint, Mostly Copper Plumbing
- Primarily Surrounded by Single Family Residences -- Adjacent to Thriving Magnolia Park Neighborhood
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
5.42% CAP with Upside | All Seismic Complete
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9306
STORIES
2
YEAR BUILT
1963
PARKING SPACES
14
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2436-011-001
