The Growth Investment Group is proud to present 7545 N Hollywood Way, a well-maintained 4-unit investment in the highly desirable city of Burbank, California. This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in the Los Angeles County.
The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of ± 6,491 SF with a total building size of ±3,748 SF, it features an excellent unit mix of a 2-bedroom + 1.5-bath townhome-style fourplex. Built in 1964, the property has undergone some recent renovation and has been impeccably maintained for its future owner.
Each unit is spacious and bright; it has been renovated with laminate wood flooring, countertops, and bathroom vanities; stainless steel appliances; separately metered for gas and electricity, with laundry hookups and private patios. The property also features a newer roof and upgraded electrical panels with 3 dedicated parking spaces for each unit.
LOCATION AND ACCESS
7545 N Hollywood Way is located in the highly desirable city of Burbank, a highly desirable rental market known as the media capital of the world - home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores. Burbank is a community that combines urban living and metropolitan convenience. It continues to be a safe, convenient place to raise a family, conduct business, and enjoy Southern California at its best.
The property is surrounded by single-family homes with nearby churches, community parks, shopping centers, entertainment and public libraries and recreation; superb access to 5 FWY, the Burbank Metrolink Station and 20 minutes to downtown Los Angeles - between N Glenoaks Blvd and N San Fernando Blvd, just south of the 5 FWY. Minutes to Hollywood Burbank Airport, the largest IKEA in the US, Burbank Empire Shopping Center, downtown Burbank, the Burbank Mall, Forest Lawn, Griffith Park, and the LA Zoo.