550 E Providencia Avenue, Burbank, CA 91501
550 E Providencia Avenue, Burbank, CA 91501
550 E Providencia Avenue, Burbank, CA 91501
550 E Providencia Avenue, Burbank, CA 91501
550 E Providencia Avenue, Burbank, CA 91501
550 E Providencia Avenue, Burbank, CA 91501
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$ 2,600,000
Est. payment | /mo

10 Beds

10 Baths

6,855 Sqft Lot


Save
$ 2,600,000
Est. payment | /mo
Save

10 Beds

10 Baths

6,855 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26206097

Bedrooms 10

Lot Size 6,855 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare four-unit investment opportunity in the highly desirable Burbank Hills, ideally situated above Glenoaks Boulevard. Built in 1977, this substantial multifamily property offers approximately 5,768 square feet of building area, an impressive unit mix, exceptional on-site parking, and a **vacant approximately 2,700-square-foot front unit**providing an investor with immediate flexibility to lease at current market rates or an owner-user with an exceptional opportunity to occupy the propertys largest residence. The property features a desirable mix of spacious residences consisting of one 2-bedroom/2-bath unit, one 2-bedroom/2.5-bath unit, one 3-bedroom/2-bath unit, and one 3-bedroom/2.75-bath unit. The expansive front unit is approximately 2,700 square feet and is currently vacant, offering a size and layout rarely found in a four-unit property. Each residence is equipped with its own in-unit washer and dryer as well as central air conditioning and heathighly desirable amenities that enhance tenant appeal and marketability. Another standout feature is the exceptional on-site parking. The property provides nine total parking spaces, including two garage spaces, five additional covered spaces, and additional driveway parking. Located in one of Burbanks sought-after hillside neighborhoods with convenient access to major studios, Downtown Burbank, shopping, dining, entertainment, and transportation, this property represents a compelling opportunity to acquire a sizeable multifamily asset in a strong rental market. With approximately 5,768 square feet of building area, large uni

Location

State CA

County Los Angeles

Zoning Assessor

Direction Above Glenoaks

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5621022017

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

MLS Router / San Diego MLS
Listed by Bill Toth, DRE#01023622 First Class Real Estate 

Schools and Properties Nearby

Amjad Alsayori

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550 E Providencia Avenue