335-337 E Providencia Ave - Apartments FOR SALE


Burbank, CA 91502
$3,400,000 USD
818-321-0008
335-337 E Providencia Ave, Burbank, CA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/26
null | 5.87% Cap Rate

335-337 E Providencia Ave
Burbank, CA 91502


HIGHLIGHTS

  • Located in highly desirable Burbank
  • well-maintained 8-unit property showcases pride of ownership
  • Security building

OVERVIEW

Located in highly desirable Burbank, this well-maintained 8-unit property showcases pride of ownership throughout. The diverse unit mix includes five 1-bedroom/1-bathroom units, two 2-bedroom/2-bathroom units, and one single+1 bath unit. The front building was constructed from the ground up in 2000, while the back unit was completely remodeled at the same time. All front units feature spacious balconies, with one offering a distinctive townhouse-style layout. This secure building provides 13 parking spaces and maintains 100% tenant occupancy. Centrally located with excellent access to public transit and major freeways (5, 134), this investment opportunity is minutes from major employers including DreamWorks, Warner Bros. Studios, Disney Imagineering, and St. Joseph's Hospital. Additional nearby amenities include the LA Equestrian Center, Griffith Park, IKEA, and Downtown Burbank's vibrant shopping, dining, and entertainment district. Perfect for investors seeking a stable, high-performing property in one of LA's most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$424 USD /SF

# OF UNITS

8

PRICE/UNIT

$425,000

CAP RATE

5.87%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R4, Burbank

APN/PARCEL ID

2453-029-036

ASK ABOUT THIS PROPERTY

Ani EskandarianColdwell Banker Hallmark RealtyMore Info
818-321-0008

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Ani EskandarianColdwell Banker Hallmark RealtyMore Info
818-321-0008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.