13
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$2,600,000
Est. payment /mo
10 Beds
10 Baths
6,855 Sqft Lot
New
550 E Providencia Avenue Burbank, CA 91501
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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
Listed by Bill Toth, DRE#01023622 First Class Real Estate
NEARBY SCHOOL & BUSINESS
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