1820 N Hollywood, Burbank, California 91505, Burbank, 91505 - 0 bed, 0 bath
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Burbank, California 91505
This Quadruplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,374,170 Fair Market Value by 7%. This valuation gap provides $99,170 in Instant Equity for the buyer. With a Condition Rating of 4, the property offers significant potential for modernization to capture higher rental yields. Located in a prime Burbank hub near major studios, this is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term stability in a resilient rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1820 N Hollywood Subject | $1,275,000* List Price | 0 | 0 | 2,482 | $554 | - |
A 1329 -1331 N Screenland Drive 1329-1331 Sold | $980,000 | 4 | 2 | 1,577 | $621 | 0.6 mi |
B 1329 -1331 N Screenland Drive 1329-1331 Sold | $980,000 | 0 | 0 | 1,577 | $621 | 0.6 mi |
C 3013 W Victory Active | $1,000,000 List Price | 0 | 0 | 1,600 | $625 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this 77-year-old quadruplex appears well-maintained externally with a clean facade and intact roofing. However, the lack of interior photos and absence of mentioned upgrades to kitchens, bathrooms, or major systems (HVAC/Electric) suggests the units are likely dated and will require modernization to meet current market standards.
The property is situated minutes from major employers like Warner Bros. and Walt Disney Studios, ensuring consistent tenant demand from industry professionals.
Located in Burbank's resilient rental market with exceptional municipal services and highly rated schools, providing long-term value and stability.
The quadruplex configuration on a 5,329-square-foot lot offers a manageable residential income opportunity in a highly sought-after neighborhood.
Originally built in 1947, the property may require significant capital expenditure for modernizing systems or addressing deferred maintenance.
The property exclusively features 1-bedroom units, which restricts the potential tenant pool to individuals or couples and limits appeal to families.
Situated in one of Burbank's most sought-after residential neighborhoods, 1820 N. Hollywood Way presents an outstanding opportunity to acquire a well-located four-unit apartment property. The property consists of four spacious 1-bedroom, 1-bathroom units totaling approximately 2,482 square feet on a 5,329-square-foot lot. Its low-density configuration and prime location make it an attractive investment for those seeking long-term value in one of Southern California's most resilient rental markets. The property benefits from Burbank's exceptional fundamentals, including a diverse employment base anchored by the entertainment industry, outstanding municipal services, highly rated schools, and convenient access to major transportation corridors. Located just minutes from major employers such as Warner Bros. Studios, Walt Disney Studios, NBCUniversal, Providence Saint Joseph Medical Center, and the Hollywood Burbank Airport, the property enjoys consistent tenant demand from professionals seeking quality housing close to work and lifestyle amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,482 | 2,060 |
| Lot Size | 5,329 | 7,096 |
| Price | $1.27M | $1.35M |
| Price per sq ft | $514 | $599 |
| Built year | 1947 | 1956 |
| HOA | $0 | $0 |
| Days on market | 23 | 79 |
Jun 29, 2026
$1,275,000
Initial Listing