271 W Ash Avenue Burbank, CA 91502
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusActive
- MLS ID Number24417603
- Home Size Source Assessor
- Year Built1938
- Lot Size0.1595 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Parking Garage - Single DoorGarage - Two DoorGarageUncovered
- Parking Spaces 2
- Number of Stories 21
- Acreage 0.1595
- Water Public
- Garage Spaces 8
- Attached Garage Yes
- Zoning BUR4*
- Listing Conditions Standard
- Direction Faces South
Interior Features
- Heating Central
- Appliances DishwasherDisposalGas Range
- Flooring Laminate
- Interior Ceiling Fan(s)
- Fireplace Features Living Room
- Laundry Features Dryer IncludedIn Garage
- Fireplace Yes
Exterior Features
- Roof CompositionShingle
- View Hills
- Lot Back YardFront YardLandscapedLawn
- Patio And Porch Porch
Community Features
- Senior Community No
- MLS Area 610 - Burbank