7502 N Hollywood Way, Burbank, California 91505, Burbank, 91505 - 7 bed, 5 bath
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Burbank, California 91505
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $1,795,000—positioned above the $1,598,500 Fair Market Value. While priced at a premium, the property offers significant utility with a 7-bedroom, 5-bathroom configuration across two residences. Featuring a Condition Rating of 3, the property is well-maintained and move-in ready. Its location within the Burbank Unified School District and proximity to major studios drive strong rental demand. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Property is move-in ready.
While originally built in 1941, the property is described as 'beautifully maintained' and 'well-appointed' with functional layouts. The significant price increase since its 2017 sale suggests substantial updates or renovations occurred within the last 5-15 years. It is presented as move-in ready and well-maintained, fitting the criteria for a functional, updated multi-unit residence.
The property features two distinct residences on one lot (a 4BR/3BA front house and a 3BR/2BA rear house), offering exceptional flexibility for multi-generational living or potential rental income.
Ideally situated near major film studios, entertainment hubs, and the highly-regarded Burbank Unified School District, providing significant appeal for professionals and families alike.
With a total of 7 bedrooms and 5 bathrooms across 2,845 square feet, this property provides a rare amount of interior utility and space that is difficult to find in a single residential lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2845, other record living area = 3015. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
The property offers five parking spaces but all are uncovered, which may be a drawback for buyers prioritizing vehicle protection or enclosed garage storage.
Originally built in 1941, the property may require updates to its core systems or structural elements to meet modern efficiency standards compared to newer builds in the area.
Exceptional opportunity to own a beautifully maintained two-unit property in the heart of Burbank, offering a total of 2,845 square feet of living space on one lot. This versatile property is ideal for multi-generational living, extended family, or those seeking additional living space while enjoying the flexibility of two separate residences. The front residence features 1,645 square feet with 4 spacious bedrooms and 3 bathrooms, offering a functional and inviting floor plan designed for comfortable everyday living. The rear residence offers approximately 1,200 square feet with 3 bedrooms and 2 bathrooms, providing a well-appointed layout with ample space and privacy. The property includes five uncovered parking spaces, ensuring convenient off-street parking for residents and guests. Ideally situated in a desirable Burbank neighborhood, this property is just minutes from shopping, dining, entertainment, parks, schools, major studios, and convenient freeway access. A rare opportunity to own a spacious two-unit property in one of Burbank's most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,845 | 1,708 |
| Lot Size | 7,940 | 6,504 |
| Price | $1.79M | $1.31M |
| Price per sq ft | $631 | $856 |
| Built year | 1941 | 1947 |
| HOA | $0 | $0 |
| Days on market | 6 | 50 |
Jul 16, 2026
$1,795,000
Initial Listing
Dec 11, 2017
$550,000
Public Record