271 W Ash Avenue

Burbank, CA 91502

PRICE REDUCED

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-$1 (-0.00%)

$1,999,999

List Price

6

bed Beds

4

shower Baths

2,824 sqft

straighten / sqft

1938

calendar_month Built

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.

Listing Information

List Price $1,999,999
Status Active
MLS 24417603
Type Residential Income
Year Built 1938
Lot Size 6,946
Structure Size 2,824
DOM 43
Courtesy Of Avison Young – Southern CA LTD
Listing Agent Christopher Baer DRE#00875482

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Flooring Information
Material Laminate
Fireplace Information
Features Living Room
Additional Information
Additional Features Ceiling Fan(s)

Exterior Information

Other Structures
Features Porch
View Yes

Maps

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.