
Burbank, California 91505
This Residential Income Quadruplex represents a stable Asset listed at $1,800,000, aligning precisely with its $1,800,000 Fair Market Value and providing $0 in Instant Equity at entry. While currently maintaining a Condition Rating of 4, the property offers significant Value-Add Potential through modernizing its 1947 infrastructure and compact unit footprints. Situated in a Strategic Location near major Burbank film studios, the asset benefits from consistent tenant demand and Market Resilience. This acquisition is a high-floor opportunity for Buy-and-Hold Investors or Value-Add Investors looking for long-term capital appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1749 N Hollywood Subject | $1,800,000* List Price | 0 | 0 | 2,080 | $865 | - |
A 1757 N Hollywood Active | $1,800,000 List Price | 0 | 0 | 2,080 | $865 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1947, appears well-maintained from the exterior with neat landscaping and intact siding. However, the lack of interior images combined with the listing's mention of 'aging infrastructure' and 'strong upside potential' suggests that the kitchens, bathrooms, and internal systems are likely dated and require modernization to meet current market standards.
Situated in the heart of Burbank near major film studios and employment hubs, ensuring high tenant demand and low vacancy rates from a professional workforce.
The property offers significant rental upside, providing an excellent opportunity for investors to increase Net Operating Income through strategic renovations and market-rate adjustments.
Consistent demand for one-bedroom units in this specific submarket makes this quadruplex a stable asset for long-term capital appreciation and portfolio growth.
Originally constructed in 1947, the property may require significant capital expenditures for deferred maintenance or modernizing essential systems like plumbing and electrical.
With units averaging approximately 520 square feet, the limited living space may restrict the tenant pool and limit the maximum achievable rent compared to more spacious modern units.
Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation including.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,080 | 2,342 | 14% |
| Lot Size | 6,406 | 6,753 | 29% |
| Price | $1.80M | $1.54M | 57% |
| Price per sq ft | $865 | $596 | 86% |
| Built year | 1947 | 1947 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 140 | 14% |
Apr 9, 2026
$1,800,000
Initial Listing