240 E Providencia Avenue, Burbank, CA 91502

Burbank
Local realty services provided by:ERA Donahoe Realty
240 E Providencia Avenue,Burbank, CA 91502
$4,950,000
  • 18 Beds
  • 16 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: michael sterman
Office: marcus & millichap
MLS#:25619085
Source:CRMLS

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Price summary

  • Price:$4,950,000

About this home

We are pleased to present a 15-unit apartment property in the highly desirable city of Burbank, California. Built in 1951 and fully renovated in 2023, the property features twelve (12) one-bedroom/one-bath units, two (2) two-bedroom/one-bath units, and one (1) two-bedroom/two-bath unit, totaling approximately 9,841 square feet on a 17,821 square foot lot. This turnkey property offers all major systems brand new, including electrical, plumbing, and roof, along with modern interiors featuring new countertops, cabinets, flooring, recessed lighting, washer/dryer, and central A/C and heat. The property delivers a 5.89% Day 1 cap rate, providing immediate income for investors. Located just south of Glenoaks Blvd and near Downtown Burbank, residents enjoy convenient access to shopping, dining, and entertainment at Burbank Town Center, AMC Theatres, and San Fernando Boulevard, as well as proximity to major employers such as Disney, Warner Bros., and Nickelodeon Animation. With excellent...

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Home facts

  • Year built:1951
  • Listing ID #:25619085
  • Added:124 day(s) ago
  • Updated:March 19, 2026 at 06:20 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1951

Finances and disclosures

  • Price:$4,950,000

Parking

  • Total parking spaces:17
  • Parking description:Uncovered
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