271 W Ash Avenue, Burbank, CA 91502

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Property Description

We are pleased to introduce you to an exceptional opportunity at 271 W. Ash Ave, Burbank, CA 91502. This multi-family apartment building is a gem that caters to the needs of prospective homebuyers, and commercial multi-family apartment building owners alike. This is a rare opportunity to own a multi-family apartment building in a prime location at a competitive price. The demand for rental properties in Burbank is strong, making it an excellent choice for homeowners and investors.* Impeccably maintained fourplex* Property consists of a 3 + 1 Single Family Residence with two (2) car garage; three (3) 1 +1 apartment units with six (6) 10 X 30 garages, ideal for contractor, storage or potential ADU's (Buyer to independently verify with City of Burbank)* 4.6% cap / 17 GRM at current rents and new tax base. 5.5% cap/14% GRM at proforma rents.* Conveniently located west of the 5 freeway between Alameda and Olive* Burbank schools!!* Owner may finance for a qualified buyer.


Interior Features

Laundry Information
Location(s) In Garage
Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 4
Flooring Information
Material Laminate
Interior Information
Features Ceiling Fan(s)

Listing Information

Address 271 W Ash Avenue
City Burbank
State CA
Zip 91502
County Los Angeles
Listing Agent Christopher Baer DRE #00875482
Courtesy Of Avison Young – Southern CA LTD
List Price $1,999,999
Status Active
Type Residential Income
Structure Size 2,824
Lot Size 6,946
Year Built 1938

Listing information courtesy of: Christopher Baer, Avison Young – Southern CA LTD. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.