335 Providencia ave, Burbank, CA 91502
Active
$3,400,000
8 Units
5 Beds
6 Baths
5,375 Area(sq.ft.)
Lot: 8,832 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,275 | $ 2,275 | $ 2,300 |
| Unit 2 | 1 | studio | 1 | No | $ 1,825 | $ 1,825 | $ 2,000 |
| Unit 3 | 2 | 2 | 2 | No | $ 3,000 | $ 6,000 | $ 3,300 |
| Unit 4 | 4 | 1 | 1 | No | $ 2,200 | $ 8,800 | $ 2,300 |
| Unit 5 | 2 | 1 | 1 | No | $ 2,050 | $ 4,100 | $ 2,300 |
| 10 | 11 | 12 | $ 23,000 | $ 59,500 | $ 24,700 |
| MLS #: | GD25067599IT |
| Days On Market: | 253 |
| Listing Date: | March 28, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 633 |
| Price per unit: | $ 425,000 |
| Year Built: | 1957 |
Property Details
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.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 21,697 |
| Net Operating Income: | $ 205,103 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
Interior
| Laundry: | Community |
| Laundry Equipment: | Own |
| Laundry Income: | 1200.00 |
Exterior
| Pool: | No |
Detailed Map
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