711 N Hollywood Way
Burbank, CA 91505
-- Bed
-- Bath
20,438 Sq Ft
42 Days on Market
For Sale $10,800,000
Request tour
Save
Courtesy of Keller Williams World Media Center

Listing Agent & Comments

Levon AlexanianKeller Williams World Media Center
818-239-1206info@alexanianadvisors.com License #00911091
We are pleased to offer for sale the Media Crest @701, a turn-key 24 units multifamily offering in the city of Burbank Ca. Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.9 grm and 5.62% cap. Unit mix of (16) 2+2, (8) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access. Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space. Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city’s ongoing development and economic growth provide a stable investment environment. With its central location and solid demand for rentals, Media Crest @701 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area. Also available with sister property 520 N Hollywood Way, 20 units, if desired. * Contact Greg Alexanian for further details, tour dates and offering memorandum *

MLS# SR24231974 • Data provided by CRMLS
Additional home details
Living Area20,438 Sq.Ft.
Lot Size0.4 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1989
Property TypeMultifamily
ZoningBUR4*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$102,808
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,236,657
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

HouseCanary, Inc. Brokerage

711 N Hollywood Way, Burbank, CA 91505

Multifamily
-- Bed
-- Bath
20,438 Sq Ft
42 Days on Market

Listing Agent & Comments

Levon AlexanianKeller Williams World Media Center
818-239-1206info@alexanianadvisors.com License #00911091
We are pleased to offer for sale the Media Crest @701, a turn-key 24 units multifamily offering in the city of Burbank Ca. Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.9 grm and 5.62% cap. Unit mix of (16) 2+2, (8) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access. Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space. Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city’s ongoing development and economic growth provide a stable investment environment. With its central location and solid demand for rentals, Media Crest @701 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area. Also available with sister property 520 N Hollywood Way, 20 units, if desired. * Contact Greg Alexanian for further details, tour dates and offering memorandum *

MLS# SR24231974 • Data provided by CRMLS
Additional home details
Living Area20,438 Sq.Ft.
Lot Size0.4 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1989
Property TypeMultifamily
ZoningBUR4*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$102,808
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $10,800,000
Request tour
Save
Courtesy of Keller Williams World Media Center
711 N Hollywood Way
Burbank, CA 91505
-- Bed
-- Bath
20,438 Sq Ft
42 Days on Market

Listing Agent & Comments

Levon AlexanianKeller Williams World Media Center
818-239-1206info@alexanianadvisors.com License #00911091
We are pleased to offer for sale the Media Crest @701, a turn-key 24 units multifamily offering in the city of Burbank Ca. Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.9 grm and 5.62% cap. Unit mix of (16) 2+2, (8) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access. Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space. Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city’s ongoing development and economic growth provide a stable investment environment. With its central location and solid demand for rentals, Media Crest @701 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area. Also available with sister property 520 N Hollywood Way, 20 units, if desired. * Contact Greg Alexanian for further details, tour dates and offering memorandum *

MLS# SR24231974 • Data provided by CRMLS
Additional home details
Living Area20,438 Sq.Ft.
Lot Size0.4 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories3
Year Built1989
Property TypeMultifamily
ZoningBUR4*
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$102,808
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,236,657
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $10,800,000
Request tour
Save
Courtesy of Keller Williams World Media Center