6-Unit Apartment Building with Timeless Design in Prime Burbank Location
Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living.
6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces.
Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants.
The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters.
Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment.
The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Don’t miss this rare opportunity to own a premium rental property in one of Burbank’s most desirable locations.
Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.
Sold for $1,595,000
Listed by: Century Property Mngmt&Invest • Deion Gerhard • Contact: 818-841-3359
Bought with: Beverly and Company, Inc.
Tax assessed value
$1,595,000
1509 N Hollywood Way, Burbank, CA 91505
6beds
6baths
3,409sqft
Triplex
Built in 1949
-- sqft lot
$-- Zestimate®
$468/sqft
$2,148 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,148/mo
Zestimate® history
Owner options
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$2,148/mo
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$2,148/mo
Rent Zestimate®
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$10,244/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Deion Gerhard DRE #01267639 818-269-7532,
Century Property Mngmt&Invest
Bought with:
HUI LING CHAN, DRE #01367365
Beverly and Company, Inc.
Source: CRMLS,MLS#: BB24117358
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Inside
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,409
- Total interior livable area: 3,409 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Asphalt, On Site, Off Street, One Space, Uncovered
- Uncovered spaces: 6
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 8,089 Square Feet
- Features: Sprinklers In Front, Near Public Transit, Sprinklers Timer, Sprinkler System
Details
- Parcel number: 2436025005
- Zoning: BUR4*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $1,595,000
- Annual tax amount: $18,601
- Date on market: 6/9/2024
- Cumulative days on market: 99 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | $1,595,000-5.9%$468/sqft |
Source:  CRMLS #BB24117358 Report a problem | ||
| 9/26/2024 | Pending sale | $1,695,000$497/sqft |
Source: CRMLS #BB24117358 Report a problem | ||
| 9/12/2024 | Listed for sale | $1,695,000$497/sqft |
Source: CRMLS #BB24117358 Report a problem | ||
| 9/5/2024 | Pending sale | $1,695,000$497/sqft |
Source: CRMLS #BB24117358 Report a problem | ||
| 8/13/2024 | Price change | $1,695,000-3.1%$497/sqft |
Source: CRMLS #BB24117358 Report a problem | ||
| 6/10/2024 | Listed for sale | $1,750,000+545.8%$513/sqft |
Source: CRMLS #BB24117358 Report a problem | ||
| 3/18/2024 | Sold | $271,000-65%$79/sqft |
Source: Public Record Report a problem | ||
| 8/22/2005 | Sold | $775,000+2527.1%$227/sqft |
Source: Public Record Report a problem | ||
| 2/28/2002 | Sold | $29,500$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,601 +51.5% | $1,595,000 +53.6% |
| 2024 | $12,275 +1% | $1,038,321 +2% |
| 2023 | $12,151 +4.5% | $1,017,963 +2% |
| 2022 | $11,625 +0.5% | $998,004 +2% |
| 2021 | $11,572 +1.1% | $978,436 +1% |
| 2020 | $11,449 | $968,405 +2% |
| 2019 | $11,449 +4.8% | $949,417 +2% |
| 2018 | $10,920 | $930,802 +2% |
| 2017 | $10,920 +2.5% | $912,552 +2% |
| 2016 | $10,658 +3.2% | $894,660 +1.5% |
| 2015 | $10,330 +1.9% | $881,223 +2% |
| 2014 | $10,133 | $863,962 +2.5% |
| 2012 | -- | $843,195 +2.8% |
| 2010 | -- | $820,485 +3.8% |
| 2007 | -- | $790,500 +2% |
| 2006 | -- | $775,000 +146.5% |
| 2005 | -- | $314,389 +4% |
| 2004 | -- | $302,183 +1.9% |
| 2003 | -- | $296,646 +95.4% |
| 2002 | -- | $151,811 +4% |
| 2000 | -- | $145,918 |
Find assessor info on the county website
Neighborhood: 91505
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Bret Harte Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Luther Burbank Middle SchoolGrades: 6-8Distance: 0.3 mi
- 9/10Burroughs High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Los Angeles County
- Burbank
- 91505
- 1509 N Hollywood Way
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