1 month on rocket

1423 N Hollywood Way, Burbank, CA, 91505

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1423 N Hollywood Way, Burbank$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street, Uncovered
Year Built1953
HeatingElectric
CoolingWall/Window Unit(s)
ViewNone
MLS #SR24197556
Lot Size0.06 Acres
StatusActive

About 1423 N Hollywood Way

Perfect Burbank Triplex, of three studio units, in a great location. This income property is located with easy access to the 134/ 5/ and 101 freeways. Minutes from all major movie studios, the Burbank Airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire Center. Burbank is known for wonderful schools and a high demand rental market. All units are currently occupied. Improvements include: 3 interior electrical panels upgraded 3 exterior panels upgraded Upgraded drains throughout the property. New toilets throughout New sinks throughout The whole property has a re-circulating hot water line (instant hot water throughout the unit). Unit A : New kitchen cabinets. 45 full grown ficus tress for privacy. Exterior Pation Space in Front of unit. Unit B: Middle unit, polished concrete floors throughout Unit C: Outdoor sink. Hot and cold water . [ Back yard exclusive ] [BBQ pit] natural gas line One parking spot available with this unit The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents. This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio. Zoning BUR4 * R-4 High Density Residential

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (310) 404-6955
  • Listing Agent: Anju Kohli

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Laminate
  • Interior: All Bedrooms Down

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Barbecue

Parking Information:

  • Parking: On Street, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: North of Burbank and East of Clybourn

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $5,173
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burbank, CA.

Med. Sold Price

$1.1M

Med. Price/SqFt

$788

Avg. Days On Market

31

# of Sold Homes

47

1423 N Hollywood Way vs Burbank

31 DAYS ON ROCKET

-0 Day

$1,100,000

-$28.3K Less

KEY TAKEAWAY

This property is $28.3K less than the Median Sold Price in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24197556

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (310) 404-6955
  • Listing Agent: Anju Kohli

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 03, 2011Home Sold
$389,000
Jun 11, 2008Home Sold
$375,000
Jun 15, 1999Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,173$455,811
2020$4,964$450,781
2019$4,898$441,943
2018$4,796$433,278
2017$4,796$424,783

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-367936
6
/10
  • Bret Harte Elementary

  • 3200 W Jeffries Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-367937
8
/10
  • Theodore Roosevelt Elementary School

  • 850 N Cordova St

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-367938
6
/10
  • Thomas Edison Elementary

  • 2110 Chestnut St

  • 0.90 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,692. Most Burbank, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyBurbank915051423 N Hollywood Way

This home is located at 1423 N Hollywood Way in Burbank, CA and zip code 91505 in the Northwest District neighborhood. This home, which was built in 1953, sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in Burbank, CA there were more than 21 sold above asking price, over 24 sold below and more than 2 were sold right at the asked price. The number of listings in Burbank, CA increased by 13.9% between September 2024 and October 2024. In October 2024 median list price was $1,128,372 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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