1799 N Hollywood Way, Burbank, CA 91505
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1799 N Hollywood Way,Burbank, CA 91505
$3,895,000
- 14 Beds
- 13 Baths
- 9,306 sq. ft.
- Multi-family
- Active
Listed by:roderick 'rick' raymundo
Office:marcus & millichap
MLS#:25610503
Source:CRMLS
Price summary
- Price:$3,895,000
- Price per sq. ft.:$418.55
About this home
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 AB 1482, 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.
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Home facts
- Year built:1963
- Listing ID #:25610503
- Added:1 day(s) ago
- Updated:October 24, 2025 at 07:30 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:13
- Living area:9,306 sq. ft.
Structure and exterior
- Year built:1963
- Building area:9,306 sq. ft.
- Lot area:0.23 Acres
Finances and disclosures
- Price:$3,895,000
- Price per sq. ft.:$418.55
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