Patty Malone Homes

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$2,600,000

SR26206097 MLS

Active Status

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.

550 E Providencia Avenue, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.