619 N Hollywood Way

Burbank, CA 91505

$1,499,000

List Price

5

bed Beds

3

shower Baths

2,070 sqft

straighten / sqft

1939

calendar_month Built

Property Description

This versatile Burbank triplex offers a fantastic opportunity with three distinct homes on one lot, each featuring dedicated parking and separate utility metering. The front unit is a spacious 3-bed, 2-bath home with its own laundry facilities, while the two rear units (both 1 bed, 1 bath) share a convenient communal laundry room. One of the rear units is currently vacant, presenting an ideal option for owner-occupiers or investors looking to maximize rental income at market rates. The front home and one rear unit are tenant-occupied, generating reliable rental income. Plus, owner-occupants may qualify for a Fannie Mae home loan with down payments as low as 5%, making this property even more appealing for first-time buyers or investors.

Listing Information

List Price $1,499,000
Status Active
MLS 24448189
Type Residential Income
Year Built 1939
Lot Size 5,151
Structure Size 2,070
Courtesy Of Compass
Listing Agent Robert A Rodriguez DRE#01939553

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 3
Cooling Type
Cooling Type Central Air, Heat Pump

Exterior Information

Maps

Listing information courtesy of: Robert A Rodriguez, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 3rd, 2024 at 12:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.