Providencia Neighborhood Market Intelligence
Providencia stands as one of Burbank's most established residential neighborhoods, where decades of history blend seamlessly with modern community life. Located in the heart of the city near the Los Angeles River, this diverse enclave has maintained its authentic character while embracing the changes that come with urban renewal. The neighborhood's tree-lined streets showcase an eclectic mix of architectural styles, from charming pre-war bungalows to contemporary renovations, creating a visual timeline of Southern California's residential evolution.
Lifestyle & Amenities
Recreation takes center stage in Providencia, with Johnny Carson Park serving as the neighborhood's crown jewel. This expansive green space offers residents tennis courts, playgrounds, and wide open areas perfect for family gatherings and community events. The park's walking paths connect to the broader network of trails that wind through the area, providing excellent opportunities for jogging, cycling, and leisurely strolls.
The Los Angeles River Greenway has transformed what was once an industrial waterway into a vibrant recreational corridor. This ongoing revitalization project has created new opportunities for outdoor activities while improving the overall aesthetic of the neighborhood's eastern boundary. Residents frequently take advantage of the greenway's walking and biking paths, which offer a peaceful escape from urban life while remaining conveniently close to home.
- Johnny Carson Park with tennis courts and recreational facilities
- Los Angeles River Greenway trail system
- Close proximity to Burbank Town Center for shopping and dining
- Easy access to Warner Bros. Studios and Disney Studios
- Multiple local parks and green spaces throughout the neighborhood
- Walking distance to Magnolia Boulevard's restaurant and retail corridor
Real Estate Market
The housing landscape in Providencia reflects the neighborhood's rich history and ongoing appeal to diverse homebuyers. Single-family homes dominate the market, ranging from original 1920s and 1930s bungalows to mid-century ranch-style properties and newer construction. Many of these homes have been thoughtfully renovated by owners who appreciate the neighborhood's character while wanting modern conveniences. Duplexes scattered throughout the area provide additional housing options, often attracting young professionals and small families seeking more affordable entry points into homeownership.
With a median home value of $889,000, Providencia represents solid value within Burbank's competitive real estate market. The neighborhood's properties typically feature generous lot sizes compared to newer developments, giving homeowners space for gardens, entertaining areas, and parking. Apartment complexes, primarily concentrated along major thoroughfares, offer rental opportunities for residents who prefer the flexibility of leasing while still enjoying the neighborhood's community atmosphere.
What distinguishes Providencia properties is their authentic character and the sense of permanence that comes with established neighborhoods. Many homes retain original architectural details like hardwood floors, built-in cabinetry, and vintage tile work, while incorporating modern updates in kitchens and bathrooms. The mature landscaping and tree-canopied streets create an immediate sense of history and stability that newer developments cannot replicate.
Schools & Education
Education remains a priority for Providencia families, with Providencia Elementary School serving as the neighborhood's educational anchor. This well-established institution has been educating local children for generations, creating strong connections between families and fostering the community spirit that defines the area. The school's proximity allows many students to walk to campus, reinforcing the neighborhood's family-friendly atmosphere.
Beyond elementary education, residents have access to the broader Burbank Unified School District, which includes several highly-regarded middle and high schools. The district's commitment to academic excellence and diverse programming options attracts families who value quality public education without the premium costs associated with private institutions.
Transportation & Connectivity
Providencia benefits from excellent transportation infrastructure, with major arterials like Magnolia Boulevard and Olive Avenue providing direct routes throughout Burbank and beyond. The neighborhood's central location offers convenient access to the 5, 134, and 101 freeways, making commutes to Downtown Los Angeles, Pasadena, or the San Fernando Valley highly manageable. Hollywood Burbank Airport's proximity adds another layer of convenience for residents who travel frequently, with the facility just minutes away by car.
Why Choose Providencia
Providencia appeals to residents seeking authentic neighborhood character without sacrificing modern convenience. The area's diversity creates a welcoming environment where families of different backgrounds come together around shared community values. With a median household income of $59,711, the neighborhood attracts working families, creative professionals, and retirees who appreciate the balance between affordability and quality of life that Providencia provides.
The combination of historic charm, recreational amenities, and strategic location makes Providencia an increasingly attractive option for those looking to establish roots in Burbank. Whether you're drawn to the tree-lined streets, the community-centered lifestyle, or the potential for both preservation and renovation, this neighborhood offers a genuine sense of place that's becoming increasingly rare in Southern California. Discover what makes Providencia a hidden gem in Burbank's residential landscape.
| Market Metric | Value |
|---|
| Median Home Price | $1,250,000 |
| Median Rent | $3,200/mo |
| Median Household Income | $115,000 |
| Avg. Days on Market | 28 |
| Price per Sq Ft | $625 |
| Average Home Size | 2,000 sq ft |
| Homeownership Rate | 68.0% |
| Renter-Occupied | 32.0% |
| Rent-to-Income Ratio | 33.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +4.2% |
| Inventory Level | Low |
| Market Type | Seller's Market |
| Market Tier | Main |
| Primary ZIP | 91502 |
| Mortgage Originations (2023 HMDA) |
| Total Mortgage Originations | 277 |
| VA Loan Originations | 0 |
| VA Loan Share | 0.0% |
| Conventional Loan Originations | 271 |
| FHA Loan Originations | 6 |
| Source | FFIEC HMDA Data Browser (2023) |
Selected Real Estate Professionals (11)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 11 agents serving Providencia who meet merit criteria.
Table of Contents: All 11 Agents
- Grace Marie Fogg Miranda (5 stars, 320+ reviews, listed)
- Arsen Nik Gevorgian (5 stars, 160+ reviews, listed)
- Aida Sarkissian (5 stars, 60+ reviews, listed)
- Hagop Alex Manoukyan (4.9 stars, 40+ reviews, listed)
- Greg Hernandez (5 stars, 20+ reviews, listed)
- Andres Umana (5 stars, 20+ reviews, listed)
- Haik Bokhchalian (5 stars, 20+ reviews, listed)
- Ana Cecilia Dowling (5 stars, 20+ reviews, listed)
- Ari Mathew Baron (5 stars, 10+ reviews, listed)
- Anavilma Garcia (5 stars, 10+ reviews, listed)
- Anush Vardanyan (5 stars, 10+ reviews, listed)
5 stars[2][3]
320+ reviews[2][3]
Lic #1275725[1]
Keller Williams
Contact
Phone: gracemiranda+zillow@kw.com
Email: gracemiranda+zillow@kw.com
Website: http://www.myfabuloushome.com/
Zillow: https://www.zillow.com/profile/The%20Miranda%20Team
1390+ career transactions[2]
50+ transactions last 12 mo[4]
Range: $14K to $1.9M[4]
Why selected: Selected for their leadership role as Lead of Fogg Miranda Real Estate, demonstrating significant community involvement. This is supported by strong professional performance and credentials in the local market.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
160+ reviews[2][3]
Lic #1364476[1]
Equity Union
Contact
Phone: (818) 825-1817
Email: manny@equityunion.com
Website: https://www.redfin.com/agent/rafael-gevorkian
Zillow: https://www.zillow.com/profile/Rafael%20Gevorkian
19+ years experience[1]
290+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $235K to $2.2M[4]
Why selected: Selected for his active community leadership with the AGBU and charitable organizations, alongside a distinguished 18-year career. He demonstrates exceptional client satisfaction with 170 five-star reviews and consistent media recognition for his market expertise.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
60+ reviews[2][3]
Lic #1280228[1]
Engel & Voelkers Burbank
Contact
Phone: (818) 618-8082
Email: homesbyaida@gmail.com
Website: http://www.homesbyaida.com/
Zillow: https://www.zillow.com/profile/Aida%20Sarkissian
25+ years experience[1]
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $430K to $4.3M[4]
Why selected: Selected for sustained community leadership and market excellence, with 5-star rating across 78 reviews and sustained high performance, earning the International Sterling Society award. Her dedication since 2000 demonstrates proven expertise and client satisfaction.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.9 stars[2][3]
40+ reviews[2][3]
Lic #2254379[1]
JohnHart Real Estate
Contact
Phone: (818) 599-1444
Email: izabellm.realtor@gmail.com
Website: http://www.izabellmanukyan.com/
Zillow: https://www.zillow.com/profile/IzabellManukyan
20+ years experience[1]
130+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $345K to $3.4M[4]
Why selected: Selected for her deep community involvement in the San Fernando Valley, Glendale, and Burbank. She combines this local dedication with elite performance metrics and proven marketing strategies as a full-time JohnHart Realtor.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1905729[1]
eXp Realty of Greater Los Angeles
Contact
Phone: (626) 893-1317
Email: greggh2324@gmail.com
Website: https://gregghernandez.exprealty.com/
Zillow: https://www.zillow.com/profile/greggtherealtor
7+ years experience[1]
20+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $130K to $1.7M[4]
Why selected: Selected for his leadership as a Chapter Director for the Real Estate Investors Association, demonstrating top-tier community involvement. He combines a perfect 5.0-star rating from 10+ verified reviews in the last 24 months with a tailored client strategy at eXp Realty.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1785073[1]
Umana Realty Group - Keller Williams Realty
Contact
Phone: (818) 571-3261
Email: DannyUmana@kw.com
Website: https://umanarealtygroup.kw.com/
Zillow: https://www.zillow.com/profile/Danny%20Umana
12+ years experience[1]
120+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $207K to $1.3M[4]
Why selected: Selected for his deep community involvement and leadership as the founder of the Umana Realty Group, combined with over a decade of experience and 32 five-star reviews reflecting exceptional client service.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1325511[1]
JohnHart Real Estate
Contact
Phone: (818) 400-1868
Email: myagenthaik@gmail.com
Website: https://www.myagenthaik.com/
Zillow: https://www.zillow.com/profile/HaikBokhchalian
25+ years experience[1]
410+ career transactions[2]
90+ transactions last 12 mo[4]
Range: $19K to $4.1M[4]
Why selected: Selected for his deep community involvement and leadership roles. He combines over 15 years of specialized real estate and lending expertise with a proven record of client negotiation and financing guidance.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1456204[1]
Dowling Realty
Contact
Phone: (818) 414-2689
Email: cecy@dowlings.us
Website: http://www.dowlingrealty.us/
Zillow: https://www.zillow.com/profile/cecy6
21+ years experience[1]
80+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $370K to $1.1M[4]
Why selected: Selected for her 20 years of dedicated service and strong community involvement, Ana Cecilia Dowling also demonstrates exceptional performance with 30 five-star reviews as a licensed broker.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2179031[1]
Windfall Realty Group
Contact
Phone: (310) 402-1797
Email: arin@windfallrg.com
Zillow: https://www.zillow.com/profile/ArinBaroni
19+ years experience[1]
50+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $115K to $2.6M[4]
Why selected: Selected for dedicated community service and professional excellence, demonstrated through performance, including 29 five-star reviews and a proven track record of achieving 95% of list price for his clients. His nearly two decades of expertise and analytical market approach deliver exceptional results.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1305970[1]
Berkshire Hathaway Home Services Crest Real Estate
Contact
Phone: (818) 419-7301
Email: Anavilmagarcia@yahoo.com
Website: http://www.zillow.com/profile/Homes-In-The-Valley/
Zillow: https://www.zillow.com/profile/Homes%20In%20The%20Valley
25+ years experience[1]
40+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $745K to $880K[4]
Why selected: Selected for her 24 years of dedicated local service and perfect 5-star rating across 29 reviews. Her long-standing community presence and consistent client advocacy demonstrate exceptional professional merit.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2191871[1]
JohnHart Real Estate
Contact
Phone: (818) 731-0091
Email: patriciainvestments@gmail.com
Website: http://patriciasellsla.com/
Zillow: https://www.zillow.com/profile/PatriciaSarkisyan
10+ years experience[1]
40+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $275K to $1.7M[4]
Why selected: Selected for her deep community involvement and perfect 5-star rating across 25 reviews. Her client-focused philosophy and dedication to guiding major life transitions demonstrate exceptional service.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.