1625 North Hollywood Way

Burbank, CA 91505

$1,150,000
Last Sold Price
4
Beds
4
Baths
2,080 Sq. Ft.
$553 / Sq. Ft.
2,080
Sq. Ft.
$553
per Sq. Ft.

Description

Exceptional investment opportunity in this well-located and clean 4-unit building in the heart of Burbank. 4 units each with 1-bed, 1-bath, and 1 parking per unit. All in good to excellent condition. All units with windows, a/c and heat. Showings with accepted offer only.Exceptional investment opportunity in this well-located and clean 4-unit building in the heart of Burbank. 4 units each with 1-bed, 1-bath, and 1 parking per unit. All in good to excellent condition. All units with windows, a/c and heat. Showings with accepted offer only.

Listing Agent

  1. Anita Rich

    Anita Rich

    Listing Agent

    Compass

    DRE #00782527

    anita.rich@compass.com

    P: 818.632.2258

Property Details for 1625 North Hollywood Way

Zoning
BUR4*
Style
Other
Parcel Number
2436012010
Total Units
4.0
Living Area
2080
Source Living Area
Vendor Enhanced
Area
Burbank (610)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Anita Rich, DRE #00782527

Sold By Sotheby's International Realty, Shamon Shamonki, DRE #01455034

Add your commute
LISTING UPDATED: 11/25/2020 12:12 PM

Property Details for 1625 North Hollywood Way

StatusSold
MLS #20-629428
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1947
Lot Size0.15 AC / 6,400 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Anita Rich, DRE #00782527

Sold By Sotheby's International Realty, Shamon Shamonki, DRE #01455034

Add your commute

Building Information for 1625 North Hollywood Way

Stories-Year Built1947Building Size-Lot Size0.15 AC / 6,400 SF

Payment Calculator

$7,409 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1625 North Hollywood Way

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Quadruplex
  • View: Yes
  • View Description: Other
  • Maids Room: false
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $75,515
  • Net Operating Income: $64,749.00
  • Gross Income: $75,515
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $18.50
  • Actual Gross Annual Income: $75,515
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 10766
  • Water Expense: $1,067.00
  • Tax Expense: $7,161
  • Gardener Expense: $1,200
  • Insurance Expense: $1,286
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1469
  • Lot Size Square Feet: 6400
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 4
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Rooms: Other
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Other
  • Equipment: Other
  • Common Walls: Detached/No Common Walls
  • Laundry: Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-08-2020
  • Listing Terms: All Inclusive Trust Deed
  • Tenant Pays: Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,888.20
  • Unit Actual Rent: $1,888.20
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,132.90
  • Unit Actual Rent: $1,132.90
  • Unit Projected Rent: $.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,321.70
  • Unit Actual Rent: $1,321.70
  • Unit Projected Rent: $.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 1
  • Number of Dishwasher: 0
  • Number of Disposal: 4
  • Number of Drapes: 1
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number Leased: 3
  • Number Patio: 2
  • Number Range: 4
  • Number Refrigerator: 0
  • Number Rented Garages: 3
  • Number Wall AC: 4
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Tax Rate Year: 2020
  • Assessed Improvement Value: $212,500.00
  • Assessed Improvement Percent: 35.0
  • Assessed Land Value: $394,645.00
  • Assessed Land Percent: 65
  • Assessed Total Value: $607,145.00

Property History for 1625 North Hollywood Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1625 North Hollywood Way

Taxable ValueLand$717,876Additions$479,144Total$1,197,020
Tax Record2023$13,593 ($1,133 / month)
Home Facts
Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtLot Size6,400 SqFtStyleQuadraplexYear Built1947ZoningBUR4*CountyLOS ANGELESAPN2436-012-010

Schools near 1625 North Hollywood Way

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Bret Harte Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

John Burroughs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Anita Rich, DRE #00782527

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.