550 E Providencia AVE Burbank, CA 91501
6,856 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26206097
Construction Status Turnkey
HOA Y/N No
Year Built 1977
Lot Size 6,856 Sqft
Property Sub-Type Quadruplex
Property Description
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, 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 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.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Carport, Driveway, Garage
Garage Spaces 3.0
Carport Spaces 5
Garage Description 3.0
Fence Block
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 9
Private Pool No
Building
Lot Description Front Yard, Landscaped, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5621022017
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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