Sold for $1,155,000

Listed by: Brad Korb Real Estate Group • Bradley Korb • Contact: 818-953-5300

Bought with: Americana Real Estate Services

$1,155,000

1681 N Hollywood Way, Burbank, CA 91505

4beds

4baths

2,080sqft

Quadruplex

Built in 1947

-- sqft lot

$1,589,800 Zestimate^®

$555/sqft

$3,629 Estimated rent

Home value

$1,589,800

$1.43M - $1.76M

$3,629/mo

Zestimate^® history

Owner options

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$3,629/mo

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$3,629/mo

Rent Zestimate^®

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$7,402/mo

Est. payment

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$7,402/mo

Est. payment

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What's special

Comfortable living spaces

Welcome to this exceptional 4-unit property nestled in Burbank, offering a fantastic investment opportunity. Each unit features a spacious 1 bedroom and 1 bathroom layout, providing comfortable living spaces for tenants. Adding to its appeal, the property includes two 2-car garages located at the rear, offering convenient parking options for residents. With its prime location and multiple units, this property presents an ideal investment opportunity for those seeking to expand their real estate portfolio or start their investment portfolio in the vibrant Burbank area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Appliances

Laundry: None

Features

Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Features

Entry location: living room
Pool features: None
Has view: Yes
View description: Mountain(s)

Lot

Size: 6,395 Square Feet
Features: Front Yard

Details

Parcel number: 2436012003
Zoning: BUR4*
Special conditions: Standard,Trust

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1947

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: Burbank

Financial & listing details

Price per square foot: $555/sqft
Tax assessed value: $1,178,100
Annual tax amount: $13,416
Date on market: 3/5/2024
Cumulative days on market: 29 days
Listing terms: Cash to New Loan

Price history

Date	Event	Price
5/10/2024	Sold	$1,155,000-11.2%$555/sqft
Source: CRMLS #BB24036641 Report a problem
4/4/2024	Contingent	$1,299,992$625/sqft
Source: CRMLS #BB24036641 Report a problem
3/5/2024	Listed for sale	$1,299,992$625/sqft
Source: CRMLS #BB24036641 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,416 +915.4%	$1,178,100 +1204.3%
2024	$1,321 +0.8%	$90,326 +2%
2023	$1,311 +4.1%	$88,570 +2%
2022	$1,259 +1.5%	$86,849 +2%
2021	$1,241 +1.1%	$85,162 +1%
2020	$1,227	$84,297 +2%
2019	$1,227 +10.5%	$82,660 +2%
2018	$1,110	$81,055 +2.9%
2017	$1,110 +2%	$78,742 +2%
2016	$1,088 +5.3%	$77,199 +1.5%
2015	$1,033 -0.9%	$76,040 +2%
2014	$1,042	$74,552 +2.5%
2012	--	$72,762 +2%
2011	--	$71,336 +0.8%
2010	--	$70,804 -0.2%
2009	--	$70,973 +2%
2008	--	$69,583 +2%
2007	--	$68,220 +2%
2006	--	$66,883
2005	--	$66,883 +4%
2004	--	$64,288 +1.9%
2003	--	$63,110 +2%
2002	--	$61,874 +4%
2000	--	$59,474