1423 N Hollywood, Burbank, California 91505, Burbank, 91505 - bed, bath

1423 N Hollywood
Burbank, California 91505
Property Price
SUMMARY
Analysis of 1423 N Hollywood, Burbank, California 91505 is currently available with a list price of $1,100,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1953 triplex is in move-in ready condition following significant modern updates. The units feature contemporary finishes including newly installed shaker-style kitchen cabinetry, subway tile backsplashes, polished concrete flooring, and updated bathrooms with modern vanities. The property shows well-maintained exteriors, recessed lighting, and updated fixtures, indicating it has been extensively renovated within the last 5 to 15 years despite its original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Situated in the heart of Burbank near major film studios, the Empire Center, and key freeways, this property sits in a high-demand rental market with historically low vacancy rates.
- Immediate Cash Flow
The triplex is fully occupied and features separate meters for gas and electricity, ensuring immediate revenue for investors while keeping landlord operating costs and management simple.
- Modernized Unit Features
Individual units offer attractive upgrades including polished concrete flooring, new kitchen cabinetry, and private outdoor spaces with BBQ hookups, enhancing tenant retention and rental value.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With a total building size of only 1,173 square feet for three units, the studios are exceptionally compact, which may limit the tenant pool to single occupants.
- Parking Constraints
The property only mentions one dedicated parking space for Unit C, which is a significant drawback for a multi-unit dwelling in a car-dependent area like Burbank.
About 1423 N Hollywood
Welcome to this exceptional triplex investment opportunity in the heart of Burbank — a rare offering of three well-maintained studio units in a highly desirable, high-demand rental market. Ideally located with convenient access to the 134, 5, and 101 freeways, this property sits just minutes from major film studios, Burbank Airport, Amazon, Magnolia Park, the Empire Center, public transportation, and the Chandler Bike Path. Burbank’s strong school system and consistently low vacancy rates make this an ideal long-term hold. All three units are currently occupied, providing immediate cash flow. Units highlights: Unit A features newly installed kitchen cabinetry, a private front patio area, and mature Ficus trees providing exceptional privacy. Unit B, the center unit, offers sleek polished concrete flooring throughout for a modern, low-maintenance finish. Unit C includes exclusive backyard access complete with a BBQ area, natural gas line, and an outdoor sink with hot and cold water — perfect for entertaining. This unit also comes with one dedicated parking space. The property is separately metered for gas and electricity, keeping operating costs low and management simple. With minimal maintenance requirements and strong upside potential in rental income, this asset is ideal for both first-time investors and seasoned portfolio builders.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1953
- Lot Size
- 2,689 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,173 | 2,893 | 20% |
| Lot Size | 2,689 | 6,098 | 20% |
| Price | $1.10M | $1.54M | 20% |
| Price per sq ft | $938 | $670 | 80% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 108 | 20% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,100,000
Initial Listing
Sold
Feb 4, 2025
$1,050,000
Public Record
Sold
Oct 3, 2011
$389,000
Public Record
Sold
Jun 11, 2008
$375,000
Public Record
Sold
Jun 15, 1999
$145,000
Public Record







