Burbank Multi Family for Sale

Stunning Multifamily Investment Opportunity in Burbank: 240-260 E. Providencia

We are excited to present this meticulously renovated 15-unit multifamily property located in the heart of Burbank, renowned as the Media Capital of the World. This exceptional investment opportunity is situated in one of the region’s most sought-after rental markets, offering strong returns and long-term growth potential.

Property Highlights:
- Prime Location: Nestled on a 17,821-square-foot lot with 100 feet of street frontage across two parcels.
- Diverse Unit Mix: (12) One-bedroom, one-bathroom units (2) Two-bedroom, one-bathroom units (1) Two-bedroom, two-bathroom unit
- Bonus: A 153-square-foot storage room that can be converted into an office.
- Rentable Space: 8,202 square feet of updated, income-generating units.
- Attractive Financials: Enjoy an in-place 6.19% CAP rate, making this an outstanding investment for cash flow and value appreciation.

This property represents the ideal combination of a renovated asset, diverse floor plans, and an exceptional location, making it a premier choice for savvy investors looking to capitalize on Burbank’s ever-growing rental demand. Don’t miss the chance to add this jewel to your portfolio!