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Four-Unit Multifamily Property
New
For Sale
$2,600,000

550 E Providencia Avenue, Burbank, CA 91501

Vacant front residence, in-unit laundry, central HVAC, and substantial on-site parking support flexible occupancy options.

Property Size5,768 SF
Price / SF$450.76
Days on Market3

Property Features for 550 E Providencia Avenue

General Information

Standard status Active
Size 5,768 SF
Total Parking Spaces 9
Property subtype Quadruplex

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/2.5BA, 1 x 3BR/2BA, 1 x 3BR/2.75BA
Multifamily Units 4

Amenities

in-unit washer and dryer
central air conditioning and heat

Building Details

Building Size 5,768 SF
Year Built 1977
Listing Agency: First Class Real Estate
Listed By: Bill Toth · License #01023622
Source: Velocityrealtysd
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 22 at 7:34PM

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 First Class Real Estate

Investment Insights

Based on property information with market context.

This four-unit multifamily property, built in 1977, contains approximately 5,768 square feet of building area. The unit mix includes two 2-bedroom residences and two 3-bedroom residences, with bath counts ranging from 2 to 2.75. The approximately 2,700-square-foot front residence is vacant. All four units include their own washer and dryer, along with central air conditioning and heat.

Parking totals nine spaces, comprising two garage spaces, five additional covered spaces, and driveway parking. The property is located at 550 E Providencia Avenue in Burbank’s hillside area, above Glenoaks Boulevard, with access to major studios, Downtown Burbank, shopping, dining, entertainment, and transportation.

Key Highlights

  • Four‑unit property with approximately 5,768 square feet of building area
  • Approximately 2,700‑square‑foot front residence delivered vacant
  • Unit mix includes two 2‑bedroom and two 3‑bedroom residences

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Barber Shop Pet Grooming Service (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,449
Businesses Nearby

Demographics for 91501, CA

21,157
Population
8,510
Households
2.5
Avg Household Size
40
Median Age
44%
College-Educated
89%
High-School Grad
2.7 sq mi
ZIP Area
7,836
Density / Sq Mi
$85,419
Median Household Income
$55,290
Median Earnings
$2,070
Median Rent
$1,011,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Vacant front residence, in-unit laundry, central HVAC, and substantial on-site parking support flexible occupancy options.
Where is this quadplex located?
The property is located at 550 E Providencia Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Four‑unit property with approximately 5,768 square feet of building area; Approximately 2,700‑square‑foot front residence delivered vacant; Unit mix includes two 2‑bedroom and two 3‑bedroom residences
More about this property
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