500 E Providencia Ave | Burbank, CA 91501
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- LoopNet Team
500 E Providencia Ave
Burbank, CA 91501
Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- 26 Units + 2 Singles. No collection issues. All tenants paid rent during COVID-19
- All new copper plumbing
- 34 parking spaces with a covered carport
- New roof
- All of the sewer lines have been recently replaced
- 18 units of the units have been recently renovated with LVT ‘hardwood’ flooring, new cabinets, granite countertops, and more
PROPERTY FACTS
| No. Units | 28 | Building Size | 21,431 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | BUR-4* - Medium Density Multiple Residence | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 21,431 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | BUR-4* - Medium Density Multiple Residence |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Tile Floors
- Granite Countertops
- Stainless Steel Appliances
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Number | 5621-022-027 | Improvements Assessment | $5,163,201 |
| Land Assessment | $3,431,309 | Total Assessment | $8,594,510 |
PROPERTY TAXES
Parcel Number
5621-022-027
Land Assessment
$3,431,309
Improvements Assessment
$5,163,201
Total Assessment
$8,594,510
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