1665 North Hollywood Way

Burbank CA 91505

2080 sq. ft.

6392 sq. ft.

Duplex

Last sold for $1,445,000

Overview

Welcome to this well cared for, charming 4 plex with EXCELLENT rents and stable tenants, so you?re guaranteed to collect rent. Each unit features 1 bedroom with a large closet & 1 bathroom, kitchens with quaint dining areas, and built-in shelving in the living rooms. Each unit has either a window, a wall or a portable AC unit and wall heater, to keep your tenants comfortable. 3 units have been updated with newer vinyl plank flooring & fresh paint. The property is self-sustaining, all 4 back doors, as well as the water heater closet doors have recently been replaced, the exterior has been freshly painted & the well-maintained yard has automatic sprinklers to keep the grass looking picture perfect! Tenants have space to BBQ or sit out under the stars in their designated back patio space . The 2 two car garages conveniently share a wall with the back unit making it the PERFECT owner-occupied space with room to expand. Convert half of the garage to add over 450 sq/ft to your owner?s unit plus, add direct access from the other half of the garage to include your own private owner 2 car garage parking: while collecting rent from the other tenants. If owner occupancy is not in your future, you can offer the garage space to the tenants, rent the garages out separately or convert the space into an ADU. There is also a 5th parking space next to the garage making parking issue?s something this building will never have to worry about. With this property the possibilities are endless. These units are close to the studios, the Burbank Airport, the 134 freeway, 5 freeway, public transportation and many walkable businesses. Don?t miss out on your opportunity to own this multi opportunity property. PLEASE DO NOT GO ON THE PROPERTY & PLEASE DO NOT DISTURB THE TENANTS

Features

5 carspaces

4 garage spaces

2080 sq. ft. floor area

6392 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Burbank over the last 12 months, the estimated median property value of 1665 North Hollywood Way is $1.25m.

Median value

$1.25m

Estimated value range

$980k - $1.37m

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Burbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1665 North Hollywood Way

2023

Sold

$1,445,000

08 Aug 2023

2023

Sold

$1,445,000

08 Aug 2023 by Cari Pelayo, of Homesmart Evergreen Realty

Happy sellers in Burbank

We have insufficient information to provide an overview of customer satisfaction for Burbank. Viewing the agent profiles, reviews and sales for Burbank can provide insights for this location.