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240 E Providencia Avenue, Burbank, CA 91502

Local realty services provided by:CENTURY 21 Valley Properties
240 E Providencia Avenue,Burbank, CA 91502
$5,395,000
  • 18 Beds
  • 16 Baths
  • 9,841 sq. ft.
  • Multi-family
  • Active
Listed by: michael sterman
Office: marcus & millichap
MLS#:25619085
Source:CRMLS

Price summary

  • Price:$5,395,000
  • Price per sq. ft.:$548.22

About this home

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 5.89% Day 1 cap rate, providing immediate income for investors. Located just south of Glenoaks Blvd and near Downtown Burbank, residents enjoy convenient access to shopping, dining, and entertainment at Burbank Town Center, AMC Theatres, and San Fernando Boulevard, as well as proximity to major employers such as Disney, Warner Bros., and Nickelodeon Animation. With excellent

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Home facts

  • Year built:1951
  • Listing ID #:25619085
  • Added:78 day(s) ago
  • Updated:January 25, 2026 at 11:31 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:9,841 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1951
  • Building area:9,841 sq. ft.
  • Lot area:0.41 Acres

Finances and disclosures

  • Price:$5,395,000
  • Price per sq. ft.:$548.22
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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