$4,400,000

237 N Hollywood Way Burbank, CA 91505

Media District Neighborhood

Estimated payment $27,659/month

3 Beds
2 Baths
11,260 Sq Ft
$391 Price per Sq Ft

About This Home

We are proud to represent this 14 unit apartment building in an excellent rental pocket in Burbank.

The building was constructed in 1958. Its unit mix consists of (8) 1+1 units and (6) 2+1 units. With a lot size of 10,585
square feet, the property has a total of 11,260 rentable square feet.

The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the
world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and
200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the
Burbank Metro Link.

Listing Agent

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 10/22/2025

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 10,585 Sq Ft Lot
  • 1 Common Wall
  • 2482012010

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 11,260 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 3116
  • Assessor Parcel Number 2482012009

Community Details

Overview

  • 2 Buildings
  • 14 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 14 Separate Water Meters
  • Fuel Expense $2,628
  • Insurance Expense $8,836
  • Professional Management Expense $15,651
  • Water Sewer Expense $10,499
  • Operating Expense $107,899
  • Gross Income $328,068
  • Net Operating Income $212,127

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 4.82
  • Professional Management Expense: 15651.00
  • Property Attached: Yes
  • Water Sewer Expenses: 10499.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2482012009
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 390.76

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 2482012010
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10585.00
  • Lot Size Acres: 0.2430

Multi Family

  • Fuel Expense: 2628.00
  • Gross Income: 328068.00
  • Gross Multiplier: 13.34
  • Gross Scheduled Income: 328068.00
  • Insurance Expense: 8836.00
  • Lot Size Area: 10585.0000 Square Feet
  • Net Operating Income: 212127.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 14
  • Number Of Units Total: 14
  • Operating Expense: 107899.00
  • Rent Control: Yes
  • Total Expenses: 107899.00

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 3116.02

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 For Sale $4,400,000 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25245025

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Burbank 91505 Media District

237 N Hollywood Way, Burbank, CA

This home is located at 237 N Hollywood Way, Burbank, CA 91505 and is currently priced at $4,400,000, approximately $390 per square foot. This property was built in 1958. 237 N Hollywood Way is a home located in Los Angeles County with nearby schools including R. L. Stevenson Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Cindy Hill
Listing Agent
Cindy Hill
Section Image
Equity Union
(818) 432-1500