$3,895,000

1799 N Hollywood Way, Burbank, CA 91505

  • 9,306 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $419/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Situated near the popular Magnolia Park neighborhood, the property occupies a corner lot within a quiet area surrounded by mostly single-family residences. Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The current owners have completed all seismic retrofit repairs (Buyer to verify), saving a new investor from an otherwise costly maintenance expense. The property also offers investors a strong supplemental revenue stream via its landlord-owned laundry facilities. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and DreamWorks Animation.

Listing Status:
Active
Date Added:
October 24, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Roderick 'Rick' Raymundo : 213-943-1855
MLS ID:
CL25610503
  • Parking: Assigned
  • County: Los Angeles
  • Zoning: BUR42436011001

This listing courtesy of Roderick 'Rick' Raymundo, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Bret Harte Elementary

3200 W Jeffries Ave, Burbank, CA, 91505

Grades KG-5

0.21 miles away

L

Luther Burbank Middle School

3700 W Jeffries Ave, Burbank, CA, 91505

Grades 6-8

0.13 miles away

B

Burbank Unified Independent Learning Academy (Buila)

3715 Allan Ave, Burbank, CA, 91505

Grades 7-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby