328 E Providencia Ave

Burbank, CA · Burbank

Sale Price

$5,175,000

$470,455

Price/Unit

4.06%

Cap Rate

About This Deal

11-unit apartment building in Burbank sold for $5.17M ($470,455/unit, 4.06% cap).

3 min read

35 Units | Burbank | Record Sale

Considering selling? Get a complimentary, confidential valuation.

Schedule Consultation (818) 212-2808

& Buyer/Seller Overview

3. LAAA Milestone: $1 Billion in Apartment Sales

4. Higher Interest Rates Affect on the Market

328 E Providencia: Sold for $5,175,000

$470,455/Unit | $425.93/SqFt

& Buyer/Seller Overview

3. LAAA Milestone: $1 Billion in Apartment Sales

4. Higher Interest Rates Affect on the Market

328 E Providencia: Sold for $5,175,000

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Your Team

Who Worked This Deal

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Glen.Scher@marcusmillichap.com

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Filip.Niculete@marcusmillichap.com

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16830 Ventura Blvd, Ste. 100, Encino, CA 91436 | (818) 212-2808