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Sold for $1,530,000
  • Listed by: Media West Realty,Inc. • Bryan Ochse • Contact: 818-845-9700
    Bought with: Coldwell Banker Hallmark
    $1,530,000

    487 E Providencia Ave, Burbank, CA 91501

    6beds
    4baths
    2,897sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $528/sqft
    $3,528 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,528/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Ochse DRE #01451724 818.468-2228,

    Media West Realty,Inc.

    Bought with:

    Levon Yengibaryan, DRE #01887345

    Coldwell Banker Hallmark

    Source: CRMLS,MLS#: BB26007115MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Rooms
    • Room types: Living Room
    Heating
    • Floor Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Range, Refrigerator
    • Laundry: None
    Features
    • Flooring: Carpet, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Item1CommonWall
    Interior area
    • Total structure area: 2,897
    • Total interior livable area: 2,897 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,152 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 2455003020
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Burbank

    Financial & listing details

    • Price per square foot: $528/sqft
    • Tax assessed value: $1,503,480
    • Annual tax amount: $17,156
    • Date on market: 1/14/2026
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional,Submit
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    2/18/2026Sold$1,530,000+13.3%$528/sqft
    Source: CRMLS #BB26007115 Report a problem
    1/19/2026Contingent$1,349,999$466/sqft
    Source: CRMLS #BB26007115 Report a problem
    1/15/2026Listed for sale$1,349,999+1400%$466/sqft
    Source: CRMLS #BB26007115 Report a problem
    5/27/1994Sold$90,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,156 +536.6%$1,503,480 +637.7%
    2024$2,695 +0.9%$203,803 +2%
    2023$2,671 +4.3%$199,808 +2%
    2022$2,561 +1.1%$195,891 +2%
    2021$2,534 +1.1%$192,051 +1%
    2020$2,506 $190,083 +2%
    2019$2,506 +9%$186,357 +2%
    2018$2,300 $182,704 +2%
    2017$2,300 +2%$179,122 +2%
    2016$2,255 +4.5%$175,611 +1.5%
    2015$2,157 +0.7%$172,974 +2%
    2014$2,141 $169,587 +2.5%
    2012-- $165,512 +2%
    2011-- $162,267 +0.5%
    2009-- $161,438 +2%
    2008-- $158,274 +2%
    2007-- $155,172 +2%
    2006-- $152,130 +4%
    2004-- $146,224 +3.9%
    2002-- $140,731 +4%
    2000-- $135,267
    Find assessor info on the county website

    Neighborhood: 91501

    Nearby schools

    GreatSchools rating
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