Renovated Eight-Unit Apartment
For Sale
$3,295,000
335 E Providencia Ave, Burbank, CA 91502
Two buildings feature updated systems with convenient access to shopping, dining, and major Burbank entertainment employers.
Property Size8,018 SF
Days on Market18
Property Features for 335 E Providencia Ave
General Information
Standard status
Active
Size
8,018 SF
Property subtype
Multifamily
Amenities
Excellent Burbank Location Next to Glenoaks Boulevard, Blocks from Burbank Town Center Shopping Mall
Two Separate Buildings Including Four Units Constructed in 2000
Several Recent Upgrades — New Copper Plumbing, New Electrical Panel and Breakers, New Mini-Split HVAC Units, New Windows and Doors
Not Subject to Los Angeles Rent Control -- Burbank's Rent Legislation Allows for Higher Rent Increases and is More Favorable to Owners When Compared to LA City
Recently Passed SB 721 Inspection (Buyer to Verify)
Spacious Floorplans — 8,018 Rentable Square Feet Spread Across Eight Units
Considered a "Walker's Paradise" with a Walk Score of 90
Convenient Access to Several Major Studio Employers – Walt Disney Imagineering, Disney Studios, Warner Bros. Studios, Universal Studios, Dreamworks Animation, and Nickelodeon Studios
Building Details
Building Size
8,018 SF
Units
8
Listing Agency:
Encino Office
(213) 943-1855
Listed By:
Rick E. Raymundo · License #License(s): CA: 01357019
(213) 943-1855
Source:
Marcusmillichap
Added: Aug 13
Changed: Aug 29
Last Checked: Aug 29 at 1:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office
Investment Insights
Based on property information with market context.
This apartment property includes eight units across two buildings on a single parcel, with more than 8,000 rentable square feet. One structure dates to 2000, while the other has undergone extensive renovation within the past two years. Improvements include upgraded electrical panels and breakers, mini-split HVAC equipment, copper plumbing, wood flooring, windows, doors, and security cameras. The property also recently passed an SB 721 elevated walkways inspection, subject to buyer verification.
The property is near Glenoaks Boulevard and Verdugo Avenue, a short distance from Downtown Burbank and Burbank Town Center. A Walk Score of 90 supports convenient pedestrian access to shopping and dining along Glenoaks Boulevard and San Fernando Boulevard. Nearby employment centers include Disney Studios, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and DreamWorks Animation. The reported cap rate is 4.58%.
The property is near Glenoaks Boulevard and Verdugo Avenue, a short distance from Downtown Burbank and Burbank Town Center. A Walk Score of 90 supports convenient pedestrian access to shopping and dining along Glenoaks Boulevard and San Fernando Boulevard. Nearby employment centers include Disney Studios, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and DreamWorks Animation. The reported cap rate is 4.58%.
Key Highlights
- Eight‑unit multifamily property with more than 8,000 rentable square feet
- Two buildings occupy a single parcel; one was constructed in 2000
- Renovations within the past two years include electrical, plumbing, HVAC, flooring, windows, doors, and security cameras
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,966
Businesses Nearby
Explore this area
Business Placement
Demographics for 91502, CA
11,665
Population
5,734
Households
2
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
8,973
Density / Sq Mi
$61,443
Median Household Income
$46,046
Median Earnings
$1,899
Median Rent
$946,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings feature updated systems with convenient access to shopping, dining, and major Burbank entertainment employers.
Where is this apartment building located?
The property is located at 335 E Providencia Ave Burbank, CA.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Eight‑unit multifamily property with more than 8,000 rentable square feet; Two buildings occupy a single parcel; one was constructed in 2000; Renovations within the past two years include electrical, plumbing, HVAC, flooring, windows, doors, and security cameras
