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701-711 N Hollywood Way
Burbank, CA 91505 Magnolia Park

$10,800,000 USD

Apartments For Sale • 20,438 SF

Property Details

Property Type Apartments
Total Building Size 20,438 SF
Lot Size 0.42 AC
Building Class B
Year Built 1989
Cap Rate 5.62 %
Zoning R4, Burbank

36 Transit Score

83 Walk Score

                
                    Highlights
                
                                Built 1989
                            
                                Modernized asset with full renovations 
                            
                                12.9 GRM & 5.62% CAP - CURRENT
                            
                                Across the street from $500M studio/office development

Cap Rate:

5.62 %

Amenities

Air Conditioning
Balcony
Controlled Access
Dishwasher
Disposal
Fireplace
Laundry Facilities
Microwave
Gated
Heating
Granite Countertops
High Speed Internet Access
Oven
Range
Carpet
Maintenance on site

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	2.5 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	2.7 mi
Airport	Drive	Walk	Distance
Bob Hope	9 min	-	4.2 mi
Los Angeles International	37 min	-	26.3 mi
Long Beach (Daugherty Field)	47 min	-	33.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	44
Type:	Covered
Included in Rent:	Yes

Levon Alexanian 818-224-7949 Alexanian Apartment Advisors

701-711 N Hollywood Way Burbank, CA 91505 Magnolia Park