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Listed by: Michael Sterman (818) 212-2784 DRE #01911703 | Marcus & Millichap (818) 212-2700
$5,600,000
18 Beds
16 Baths
9,841sqft
240 E Providencia Ave, Burbank, CA 91502
$5,600,000
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Multi Family
Built in 1951
$-- HOA
17,821 sqft lot
$569/sq.ft
Description
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 5.64% Day 1 cap rate, providing immediate income for investors. ...
Continue Reading- Houzeo last checked: 59 Minutes ago
- Listing updated: November 19, 2025 at 6:03 pm
- Source: California Regional MLS-CA | MLS#: 25619085
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
9,841 sqft
Lot Size
17,821 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25619085
MLS Status
Active
Days on Market
26
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