271 W Ash Avenue, Burbank, CA 91502
- $1,999,999
- 6
- BD
- 4
- BA
- 2,824
- SqFt
- List Price
- $1,999,999
- Status
- ACTIVE
- MLS#
- 26633817
- Year Built
- 1938
- Bedrooms
- 6
- Bathrooms
- 4
- Living Sq. Ft
- 2,824
- Lot Size
- 6,946
- Acres
- 0.16
- Lot Location
- Back Yard, Front Yard, Lawn, Landscaped
- Days on Market
- 202
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Appliances
- Dishwasher, Disposal, Gas Range, Dryer
- Fireplace Description
- Living Room
- Heat
- Central
- View
- Hills
- Exterior Construction
- Frame
- Patio
- Porch
- Roof
- Composition, Shingle
- Garage Spaces Total
- 8
- Sewer
- Sewer Tap Paid
- Water
- Public
- School District
- Burbank Unified
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Christopher Baer (chris.baer@avisonyoung.com) from Listing Office: Avison Young – Southern CA LTD.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.