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Vacant 4-Unit Apartment Building
For Sale
$1,525,000

1515 N Hollywood, Burbank, CA 91505

Four vacant units offer a flexible starting point for leasing, renovation, or future repositioning.

Property Size2,908 SF
Price / SF$524.42
Days on Market17

Property Features for 1515 N Hollywood

General Information

Standard status Active
Size 2,908 SF
Property subtype Multi-Family

Building Details

Year Built 1948
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Cameron Samimi · License #02035763
Source: Landonrealtygroup
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 29 at 10:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 4-unit apartment property at 1515 N Hollywood Way includes two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Built in 1948, the building contains approximately 2,908 square feet on a 5,380-square-foot lot. Recent improvements include new paint, while garage and parking improvements are already in place. All units are vacant, allowing the next owner to establish leasing plans without existing tenant occupancy. The property is also identified as having potential for up to 4 ADUs, subject to verification of feasibility, zoning, permits, CUP requirements, and development standards with the City of Burbank.

The property is located along Hollywood Way in Burbank, near Magnolia Park, the Media District, Warner Bros. Studios, The Walt Disney Company, ABC Television, shopping, dining, and major employment centers. Burbank tenant protections apply separately from Los Angeles regulations, and AB 1482 may apply.

Key Highlights

  • Four‑unit layout with two 2Bed+1Bath units and two 1Bed+1Bath units
  • All units delivered vacant for immediate leasing or renovation planning
  • Approximately 2,908 square feet on a 5,380‑square‑foot lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store Hotel & Motel (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,675
Businesses Nearby

Demographics for 91505, CA

32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four vacant units offer a flexible starting point for leasing, renovation, or future repositioning.
Where is this quadplex located?
The property is located at 1515 N Hollywood Burbank, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Four‑unit layout with two 2Bed+1Bath units and two 1Bed+1Bath units; All units delivered vacant for immediate leasing or renovation planning; Approximately 2,908 square feet on a 5,380‑square‑foot lot
More about this property
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