240 E Providencia Avenue
Burbank, CA 91502
Map
- – beds
- – baths
- – sqft
- 9,038 sqft lot
- 1951 build
- – on site
More homes
We are proud to represent this pride of ownership 15 unit property located in Burbank. It is 13 units plus 2 non-permitted units. It consists of 2 different APNs. The property consists of two buildings, which were both constructed in 1951. Its unit mix consists of (12) one-bedroom, one-bathroom units, (1) two-bedroom unit, and (2) non-conforming units that can be legalized or turned into accessory dwelling units. The property sits on two separate assessor parcel numbers for a combined total of 17,821 square foot lot with 100 feet of frontage; it has 8,202 rentable square feet. The property has tremendous upside in rents, earning nearly a 6 CAP on market rents. The property features new paint, pitched roof, and 100 feet of frontage. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 14, 2024
•
MLS# SR22144286 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/20/24
Sep 20, 2024
|
Pending | CRMLS_CA | ||
|
6/26/24
Jun 26, 2024
|
Price Changed | CRMLS_CA | ||
|
4/11/24
Apr 11, 2024
|
Listed / Active | CRMLS_CA |
