1515 N Hollywood
Burbank, CA 91505
0
Bed
0
Bath
2,908Sqft
5,382Sqft(Lot)
1515 N Hollywood Way presents a rare opportunity to acquire a fully vacant 4-unit apartment building in the highly desirable Burbank market. Built in 1948, the property totals approximately 2,908 square feet on a 5,380 square foot lot and is comprised of (2) 2Bed+1Bath unit and (2) 1Bed+1Bath units. With all units delivered vacant, a new owner has the immediate ability to lease at market rents, select their own tenants, renovate further, or reposition the asset without existing tenant complications. The property has been improved with new paint and offers strong pro forma income potential, with projected scheduled gross income of $141,600 annually based on market rent assumptions of $3,500/month for the 2Bed+1Bath units and $2,400/month for each 1Bed+1Bath unit. At the list price of $1,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1948 Building Area Total: 2,908 -
Pool Features
NoneLaundry Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1236 -
Lot Size Source: Assessor Lot Size Square Feet: 5382
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Listing Price Information
Original List Price: 1,550,000 Listing Contract Date: 2026-06-22 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2436025004
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 610 - Burbank Directions: From the 134 Freeway, exit Hollywood Way and head north. Continue north past Magnolia Blvd. Property is located on Hollywood Way at 1515 N Hollywood Way. Source Property Type: Residential Income Area: 610 - Burbank Property SubType: Apartment -
Building and Construction
Property Age: 78 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 611 N Buena Vista Street, Burbank, CA, 91505 | $1,389,000 | 3 | 2 | 1,301 | 1,301 SqFt |
| 1436 N Frederic, Burbank, CA, 91505 | $1,699,999 | 3 | 3 | 1,828 | 1,828 SqFt |
| 124 N Naomi, Burbank, CA, 91505 | $2,500,000 | 5 | 4 | 4,500 | 4,500 SqFt |
| 2514 W Chandler Boulevard, Burbank, CA, 91505 | $1,595,000 | 4 | -- | 2,051 | 2,051 SqFt |
| 1505 N Naomi Street, Burbank, CA, 91505 | $953,000 | 2 | 2 | 1,358 | 1,358 SqFt |
| 2912 W Riverside Drive, Burbank, CA, 91505 | $1,875,000 | 4 | -- | 2,930 | 2,930 SqFt |
| 2924 W Riverside Drive, Burbank, CA, 91505 | $2,295,000 | 6 | -- | 3,449 | 3,449 SqFt |
| 1506 N Niagara Street, Burbank, CA, 91505 | $1,329,000 | 3 | 2 | 1,636 | 1,636 SqFt |
| 2925 W Oak, Burbank, CA, 91505 | $1,890,000 | 4 | 2 | 2,100 | 2,100 SqFt |
| 1123 Florence, Burbank, CA, 91505 | $1,288,000 | 3 | 1 | 1,460 | 1,460 SqFt |
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ByOwner last updated this listing 07/01/2026 @ 12:48
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