271 W Ash Ave, Burbank, CA 91502
- $1,999,999
- 6
- BD
- 4
- BA
- 2,824
- SqFt
- List Price
- $1,999,999
- MLS#
- 26633817
- Year Built
- 1938
- Bedrooms
- 6
- Bathrooms
- 4
- Living Sq. Ft
- 2,824
- Lot Size
- 6,946
- Lot Location
- Alley Access
- Days on Market
- 203
- Property Type
- Multifamily
- Stories
- 1
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.
Additional Information
- Lot Description
- Alley Paved, Back Yard, Front Yard, Landscaped, Lawn
- Other Buildings
- None
- Kitchen Features
- Counter Top
- Heat
- Central
- Cooling
- Air Conditioning
- View
- Hills
- Exterior Construction
- Frame, Hard Coat
- Number of Cars in Garage
- Attached, Garage - 1 Car, Garage - 2 Car, Garage, Uncovered
- Garage Spaces Total
- 8
- Water
- District
- School District
- Burbank Unified
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Courtesy of Avison Young – Southern CA LTD, Christopher Baer - CA DRE#00875482
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