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$3,300,000
 $17,715 est/mo Sourced by Back At You

7539 N Hollywood Way,Los Angeles, CA 91505

Los Angeles, CA 91505

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Description

The Owner of this property originally purchased it in 1977. This unique multifamily property includes a 7-unit free standing apartment house with two additional vacant & contiguous LA-R3-1 zoned parcels in Tier 3 of the Transit Oriented Communities bonus density district. This property is located in a Federal Opportunity Zone. The apartment building is a two-story walk-up configuration built in 1954 with soft-story retrofit work completed. Units are all one bedroom / one bath floorplans. There is major upside in the rents & this provides an opportunity for income during the entitlement process. The building currently offers laundry facilities and 10 parking spaces. Total lot area encompasses 17,192 square feet with the two contiguous lots included. 7539 Hollywood Way is a few blocks north of the Burbank Airport placing in amongst a major employment cluster including dozens of aviation support & high technology companies, several motion picture studios and multiple regional retail shopping districts. The close proximity to the Interstate 5 Freeway provides quick access to the commumities of the eastern and western San Fernando Valleys, the Santa Clarita Valley, Downtown Los Angeles and via the 134/101 freeways the Glendale, Pasadena and the Ventura Blvd corridor communities. Please do not walk on the property or disturb the tenants. OM attached to the MLS Profile Page may be accessed in the "documents" tab.

Details

MLS #26951263
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1954
Days On Site17
Listing Provided ByJames F. Gilb | James Gilb

Features

Bed(s)7
Bath(s)7
SQ Feet3,916
Story(s)2
Units7
Building(s)1
ZoningLAR-1 TOC Tier 3
Acreage0.39
Property ViewNone

Interior

HeatingWall Furnace
Heating Yes / NoYes
AppliancesDisposal

Exterior

RoofComposition, Shingle
Construction MaterialsStucco, Wood Siding

Parking

Parking FeaturesUncovered

Utilities

SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91505
AreaSUNV Sun Valley
Listing VS Median (in 91505)
Price:
$3,300,000
low | high
Med:
$1,097,500
100% of Average
sqft:
3,916
low | high
Med:
1,772
100% of Average
$ / sqft:
$843
low | high
Med:
$628
75.419395051108% of Average
On site:
17
low | high
Med:
166.5
10.21021021021% of Average
Sourced by Back At You

Market Activity 91505

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code91505
AreaSUNV Sun Valley
Listing VS Median (in 91505)
Price:
$3,300,000
low | high
Med:
$1,097,500
100% of Average
sqft:
3,916
low | high
Med:
1,772
100% of Average
$ / sqft:
$843
low | high
Med:
$628
75.419395051108% of Average
On site:
17
low | high
Med:
166.5
10.21021021021% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.475M - $4.125M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
7502 N Hollywood Way Property Photo 1
$1,795,000
7502 N Hollywood Way
Burbank, CA 91505
Listing Updated: September 13, 2026 at 7:24:57 AM PDT
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