About This Home
This 10-bedroom, 10-bathroom multi-family at 550 E Providencia Avenue in Burbank, CA is listed for $2,600,000. Built in 1977, on a 0.16 acres lot.
Key Features
- Built in 1977
- 0.16 acre lot
- 2 stories
- 9 parking spaces
- Fireplace
Property Details
Amenities
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**-providi
ng an investor with immediate flexibility to lease at current market rates or an owner-user with an exceptional opportunity to occupy the property's 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 heat-highly 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 Burbank's sought-after hillside neighborhoods with convenient access to major studios, Downtown Burbank, shopping, dining, enter
tainment, 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 unit configurations, in-unit laundry, central HVAC, abundant parking, and the property's impressive approximately 2,700-square-foot front unit delivered vacant, this is a distinctive Burbank investment opportunity with excellent long-term potential.
Monthly Cost Estimate
$13,905/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
550 E Providencia Avenue
Burbank, CA 91501
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 10-bedroom, 10-bathroom multi-family at 550 E Providencia Avenue is listed at $2,600,000. The estimated monthly payment is $13,905 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1977, 0.16 acre lot, 2 stories, 9 parking spaces, Fireplace.
This property is listed by Bill Toth and can be reached at 8184342110.



