1423 N Hollywood
Burbank, CA, 91505
$1,100,000
MLS: GD26028065
Beds
0
Baths
3
Sq Ft
1,173
Lot
0.06 ac
Year Built
1953
MLS #
GD26028065
Days on Market
11
Listed
Feb 6, 2026
Description
Welcome to this exceptional triplex investment opportunity in the heart of Burbank — a rare offering of three well-maintained studio units in a highly desirable, high-demand rental market. Ideally located with convenient access to the 134, 5, and 101 freeways, this property sits just minutes from major film studios, Burbank Airport, Amazon, Magnolia Park, the Empire Center, public transportation, and the Chandler Bike Path. Burbank’s strong school system and consistently low vacancy rates make this an ideal long-term hold. All three units are currently occupied, providing immediate cash flow. Units highlights: Unit A features newly installed kitchen cabinetry, a private front patio area, and mature Ficus trees providing exceptional privacy. Unit B, the center unit, offers sleek polished concrete flooring throughout for a modern, low-maintenance finish. Unit C includes exclusive backyard access complete with a BBQ area, natural gas line, and an outdoor sink with hot and cold water — perfect for entertaining. This unit also comes with one dedicated parking space. The property is separately metered for gas and electricity, keeping operating costs low and management simple. With minimal maintenance requirements and strong upside potential in rental income, this asset is ideal for both first-time investors and seasoned portfolio builders.
Location
Burbank, Los Angeles County, CA 91505
Open on Google Maps ↗Listed by: Arpine Yengibaryan · Coldwell Banker Hallmark
Payment estimate
$7,941
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $110,000 · Loan: $990,000
- Principal & Interest
- $6,083
- Property tax (1.25%)
- $1,146
- Homeowners insurance
- $300
- Mortgage insurance
- $413
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $38,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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