7730 Hollywood Way, Burbank, 91504

Commercial - Specialty For Sale

$1,895,000

Beds
Baths
Sqft
.21Acres
1954Built
32DOM
MLS® #: BB20083641
Active, 32 Days on Market

Approx. 2,160 SF free standing Restaurant & Bar on Hollywood Way & the Interstate 5 Freeway On / Off Ramp (“The Ramp”). 2 restrooms, office, walk in Fridge, storage room & Full Kitchen. 8,974 SF Lot C2 Zone with 24 On Site Parking spaces. Call Broker for more details. Property has a Burbank Mailing address, but property is in the City of Los Angeles Income: $111,240 Expenses: $29,000 NOI: 82,240 CAP: 4.3% 3% annual increases Lease Expiration: 12/31/2023 2 Five year options w/ 3% annual increases Call Broker for potential Occupancy Potential $870,000 private assumable 1st TD

Essential Information

MLS® #: BB20083641
Price: $1,895,000
Acres: 0.21
Year Built: 1954
Type: Commercial
Sub-Type: Specialty
Status: Active

Community Information

Address: 7730 Hollywood Way
Area: Burbank (BRB) (L)
City: Burbank
County: Los Angeles
State: CA
Zip Code: 91504

Exterior

Lot Description: 0-1 Unit/Acre

Additional Information

Date Listed: May 2nd, 2020
Days on Market: 32

Listing Details

Listing Agent: Brett Howard(01120327)
Listing Office: Howard Realty Group

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Listing information last updated on June 3rd, 2020 at 11:15am PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of June 3rd, 2020 at 10:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.