550 E Providencia Avenue
Bought with Sabina Ohanessian with Coldwell Banker Realty and Listed by Bill Toth CA DRE# 01023622 with First Class Real Estate 818-434-2110
Sold

550 E Providencia Avenue

550 E Providencia Avenue, Burbank, CA 91501

$2,375,000
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 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, 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.

Studio

5,768 Sq.Ft. LIVING AREA

6,855 Sq.Ft. lot

Sabina Ohanessian

Sabina Ohanessian

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Inside
  • Flooring Carpet, Vinyl
  • Fireplace Living Room

Area & Lot

  • Status Sold
  • Date Sold November 6, 2026
  • Living Area5,768 Sq.Ft.
  • Total Area5,768 Sq.Ft.
  • Lot Area6,855 Sq.Ft.
  • MLS® IDSR26206097
  • TypeMulti-Family
  • YEAR BUILT1977
  • NeighborhoodGlendale
  • Architecture StylesTraditional
  • View DescriptionMountain(s), Neighborhood

Exterior

  • STORIES2
  • Garage Space3.0
  • water SourcePublic
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofComposition, Shingle
  • lot featuresFront Yard, Landscaped, Sprinkler System
  • parkingCarport, Driveway, Garage
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$2,375,000
  • Zoning BUR4*

Glendale

34.1425° N, 118.2551° W

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