Movoto Real Estate
Sold on 02/18/2026
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487 E Providencia, Burbank, CA 91501

$1,530,000

Last sold 02/18/2026 after 35 Days

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    bed

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    bath

Multi-family not for sale

About 487 E Providencia

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 9,152 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Located just above Glen Oaks in one of Burbank’s most desirable hillside neighborhoods, 487 East Providencia Avenue offers a rare four unit investment opportunity in a prime residential setting. Set along a quiet, tree lined street, the property blends classic Burbank charm with strong long term potential in an area known for stability and pride of ownership. The property features an ideal unit mix with two spacious two bedroom one bath units positioned at the front and two well proportioned one bedroom one bath units at the rear. The layout feels more like a collection of individual homes than a traditional apartment building, creating broad tenant appeal and a comfortable living environment. Three of the four units showcase original hardwood floors that add warmth and timeless character throughout the living spaces. The remaining unit has been newly carpeted and freshly painted, offering a clean and move in ready option. Large windows throughout the units provide excellent natural light, while thoughtful floor plans allow for easy living and functionality. Kitchens and bathrooms retain charming vintage details while presenting excellent opportunities for future updates and value enhancement. Each unit is assigned its own private single car garage, an increasingly rare amenity in this area. The garages are accessed via the rear alley and are well positioned for potential ADU conversions, offering a compelling opportunity for additional income or future development, subject to buyer verification. The rear of the property features a quaint shared courtyard and walkway, maintaining privacy while connecting the residences in a clean and organized layout. The location is a standout feature, situated moments from downtown Burbank, studios, shopping, dining, parks, and top rated schools, while still enjoying the quieter feel of the hillside. Easy freeway access adds convenience without sacrificing the residential atmosphere. 487 East Providencia Avenue presents a compelling combination of location, unit mix, parking, and upside potential, making it an excellent opportunity for investors seeking a quality asset in one of Burbank’s most sought after neighborhoods.
Listed by
Listing Agent - Bryan Ochse
Listing Agent Contact: 818.468-2228
Listing Office - Media West Realty,Inc.
Source: CRMLS mls logo
MLS#BB26007115 • last updated 8 months ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Apartment
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.2101
Lot Size (SqFt) 9152
Year Built 1954
Interior
Laundry None
Other Room(s) Living Room
Appliances Gas Range, Refrigerator
Exterior
Building Area Square Feet, 2897
# Parking Spaces 4
# Garage Spaces 4
Lot Description Back Yard, Front Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Sidewalks
Directions North Of Glenoaks
APN 2455003020
Multifamily Details
Tenant Pays All Utilities
Operating Expense 21510
Expense: Insurance 2766
Total Expenses 21510
Gross Income 20880
Expense: Electric 1344
Gross Scheduled Income 20880
Expense: Gardener 1200
$1.5M
Range: $1.33M-$1.66M
Last 30 days 
Rental est.: $2,297/month
Gross rent multiplier: 55.5
  • Feb 2026
    mls logo MLS # BB26007115
  • Feb 19, 2026 Sold
    $1,530,000
  • Jan 19, 2026 Active
    —
  • Jan 14, 2026 Listed
    $1,349,999
  • Feb 2026
    Public Records
  • Feb 18, 2026 Sold
    $1,530,000 (+13.3%)
  • Year Property taxes Tax assessment
  • 2025
    $17,156 +536.6%
    $1,503,480 +637.71%
  • 2024
    $2,695 +0.9%
    $203,803
  • 2023
    $2,671 +4.3%
    $203,803 +4.04%
  • 2022
    $2,561 +1.1%
    $195,891 +2.0%
  • 2021
    $2,534 +1.1%
    $192,051 +1.04%
  • 2020
    $2,506 +9.0%
    $190,083 +2.0%
  • 2018
    $2,300 +2.0%
    $186,357 +4.04%
  • 2017
    $2,255 +4.5%
    $179,122 +2.0%
  • 2016
    $2,157 +1.9%
    $175,611
  • 2015
    $2,117
    —
  • 487 E Providencia
    $1.53M
  • Hillside District
    $1.19M -15% y/y
  • 91501
    $915K -23% y/y
  • Burbank
    $1.14M -4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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