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Sold for $1,050,000
  • Listed by: Equity Union • Anju Kohli • Contact: 818-989-2000
    Bought with: Collin St. Johns Real Estate, Inc.
    $1,050,000

    1423 N Hollywood Way, Burbank, CA 91505

    --beds
    3baths
    1,173sqft
    Triplex
    Built in 1953
    -- sqft lot
    $1,070,000 Zestimate®
    $895/sqft
    $3,488 Estimated rent

    Home value

    $1,070,000

    $1.02M - $1.12M

    $3,488/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Anju Kohli DRE #02056635 310-404-6955,

    Equity Union

    Bought with:

    Terence McCorry, DRE #01717291

    Collin St. Johns Real Estate, Inc.

    Source: CRMLS,MLS#: SR24197556MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Range
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Laminate
    • Windows: Double Pane Windows
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,173
    • Total interior livable area: 1,173 sqft

    Property

    Parking
    • Parking features: On Street, Uncovered
    Features
    • Entry location: multiple
    • Exterior features: Barbecue
    • Pool features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,689 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 2436026004
    • Zoning: BUR4*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Water Heater
    • Water conservation: Water-Smart Landscaping

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Burbank

    Financial & listing details

    • Price per square foot: $895/sqft
    • Tax assessed value: $1,073,040
    • Annual tax amount: $5,437
    • Date on market: 10/16/2024
    • Cumulative days on market: 63 days
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities, Trash Collection

    Price history

    DateEventPrice
    2/4/2025Sold$1,050,000-4.5%$895/sqft
    Source: CRMLS #SR24197556 Report a problem
    2/3/2025Pending sale$1,100,000$938/sqft
    Source: CRMLS #SR24197556 Report a problem
    10/16/2024Listed for sale$1,100,000+182.8%$938/sqft
    Source: CRMLS #SR24197556 Report a problem
    7/27/2018Listing removed$1,400$1/sqft
    Source: OneRent Report a problem
    7/15/2018Listed for rent$1,400$1/sqft
    Source: OneRent Report a problem
    10/3/2011Sold$389,000+3.7%$332/sqft
    Source: Public Record Report a problem
    6/12/2008Sold$375,000+158.6%$320/sqft
    Source: Public Record Report a problem
    6/15/1999Sold$145,000$124/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,096 +120%$1,073,040 +121.8%
    2024$5,499 +1.1%$483,685 +2%
    2023$5,441 +4.7%$474,209 +2%
    2022$5,195 +0.4%$464,919 +2%
    2021$5,173 +1.1%$455,811 +1%
    2020$5,115 $451,141 +2%
    2019$5,115 +4.4%$442,303 +2%
    2018$4,899 $433,638 +2.1%
    2017$4,899 +2.1%$424,783 +2%
    2016$4,796 +3.2%$416,455 +1.5%
    2015$4,650 +2%$410,201 +2%
    2014$4,558 $402,167 +2.5%
    2012-- $392,500 -4.3%
    2011-- $410,095 +0.8%
    2010-- $407,032 -0.2%
    2009-- $408,000 +135.8%
    2008-- $173,054 +2%
    2007-- $169,662 +2%
    2006-- $166,336
    2005-- $166,336 +4%
    2004-- $159,879 +1.9%
    2003-- $156,949 +2%
    2002-- $153,873 +4%
    2000-- $147,900
    Find assessor info on the county website

    Neighborhood: 91505

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,070,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,070,000