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1423 N Hollywood Way, Burbank, CA, 91505

--beds
3baths
1,173sqft
$1,100,000
$938price/sqft
$7,131/moest. monthly cost
$285,240/yrincome needed

About This Home

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.

Getting Around

86
WalkingVery Walkable
39
TransitSome Transit
78
BikeVery Bikeable

Schools

7/10
6/10
9/10
Burroughs High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1953

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3

Cooling

  • Cooling features: Wall/Window Unit(s)

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total interior livable area: 1,173 sqft

Property

Details

  • Parcel number: 2436026004
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 2,689 sqft
  • Features: 2-5 Units/Acre