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1820 N Hollywood Way 4 Unit Apartment Building Offered at $1,812,068 CAD at a 3.92% Cap Rate Burbank, CA 91505



Investment Highlights
- Stable in-place rental income with future upside potential
- Strong tenant demand driven by nearby entertainment, healthcare, and professional employment centers
- Located in one of Burbank's most desirable rental neighborhoods
- Convenient access to the 5 & 134 Freeways, retail amenities, restaurants, and public transportation
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,812,068 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $453,017 CAD | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,482 SF |
| Cap Rate | 3.92% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Zoning | R4 | ||
| Price | $1,812,068 CAD |
| Price Per Unit | $453,017 CAD |
| Sale Type | Investment |
| Cap Rate | 3.92% |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.12 AC |
| Building Size | 2,482 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2437-002-010 | Total Assessment | $140,118 CAD |
| Land Assessment | $45,182 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $94,936 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2437-002-010
Land Assessment
$45,182 CAD
Improvements Assessment
$94,936 CAD
Total Assessment
$140,118 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1820 N Hollywood Way
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