Exclusive Listings

INVESTMENT HIGHLIGHTS

• Superb location in Burbank, just south of the 5 FWY
• Opportunity to build!  Zoning allows up to 10 total units*!
• Long-time owner - since 2003! TRUE VALUE ADD OPPORTUNITY  
• Suitable for a 1031 exchange buyer, owner-user, or a long-term investor
• Located in a strong submarket with high barriers to entry, low vacancy rate, and high rent growth
• Excellent access to 5 FWY, Burbank Metrolink Station, and downtown Los Angeles 
• Investment only requires a 20%-25% down payment!
• Easy to maintain property as-is, yet provides upside potential making this as a truly pride-of-ownership luxury apartment 
• Long-time tenants with an estimated ±20% rental upside potential  
• 1 unit to be delivered vacant

PROPERTY HIGHLIGHTS

• Superb unit mix with ALL (4) 2-bedroom 1.5-bath townhome-style units  
• Semi-Upgraded property with recent capital improvements
• Large lot size with abundant parking (12 total spaces)
• Low-maintenance landscaping
• Each unit has washer and dryer hookups, water heater, and a private patio; separately metered for gas and electric

*Buyer to verify

EXECUTIVE SUMMARY

The Growth Investment Group is proud to present 7545 N Hollywood Way, a well-maintained 4-unit investment in the highly desirable city of Burbank, California.  This prime opportunity is perfect for an owner-user, value-add investor, apartment developer, or an investor looking to acquire a superbly located property in one of the strongest submarkets in the Los Angeles County.

The property is located on a highly convenient street surrounded by residential homes and apartments. Situated on a lot size of ± 6,491 SF with a total building size of ±3,748 SF, it features an excellent unit mix of a 2-bedroom + 1.5-bath townhome-style fourplex.  Built in 1964, the property has undergone some recent renovation and has been impeccably maintained for its future owner.

Each unit is spacious and bright; it has been renovated with laminate wood flooring, countertops, and bathroom vanities; stainless steel appliances; separately metered for gas and electricity, with laundry hookups and private patios. The property also features a newer roof and upgraded electrical panels with 3 dedicated parking spaces for each unit.   

LOCATION AND ACCESS

7545 N Hollywood Way is located in the highly desirable city of Burbank, a highly desirable rental market known as the media capital of the world - home to Disney Studios, Warner Brothers, and NBC.  The city has over 80 restaurants, 30 movie screens, and 200 stores.  Burbank is a community that combines urban living and metropolitan convenience.  It continues to be a safe, convenient place to raise a family, conduct business, and enjoy Southern California at its best.

The property is surrounded by single-family homes with nearby churches, community parks, shopping centers, entertainment and public libraries and recreation; superb access to 5 FWY, the Burbank Metrolink Station and 20 minutes to downtown Los Angeles - between N Glenoaks Blvd and N San Fernando Blvd, just south of the 5 FWY.  Minutes to Hollywood Burbank Airport, the largest IKEA in the US, Burbank Empire Shopping Center, downtown Burbank, the Burbank Mall, Forest Lawn, Griffith Park, and the LA Zoo.