eXp Realty Of California Inc
Leanne Reynolds, eXp Realty Of California IncPhone: (818) 731-9300
Email: [email protected]

listing
1 of 0
Residential Income
$6,989,000
240 E Providencia Avenue
Burbank, CA 91502
Listing Office: Equity Union
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$36,176/mo

15 completely remodeled permitted units in Burbank! This property features 9,841 rentable square feet on a combined 17,821 square foot lot with 100 feet of frontage. With two separate assessor parcel numbers, with a cap rate of 5.2 and GRM of 14.8. Inside each unit you will find new plumbing, electrical wiring & panels, recessed lights, HVAC and ducting, kitchen cabinetry and countertops, flooring, base molding and vanities. The property has upgraded washer & dryers, windows, new paint inside and out. Included is a 153 SF storage room or office as well. Burbank 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. Don’t miss out on this fantastic opportunity in an amazing rental market!

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Information courtesy of Equity Union is subject to verification and is not guaranteed.
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