271 W Ash Ave Active Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91502
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $708
MLS Listing ID 24-417603
Bedrooms 6
Year Built 1938
Lot Size 6,946 Sqft
Acres 0.1595
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.
Location
State CA
County Los Angeles
Area Burbank
Zoning BUR4*
Rooms
Other Rooms None
Kitchen Counter Top
Interior
Heating Central
Cooling Air Conditioning
Flooring Laminate
Fireplaces Type Living Room
Equipment Ceiling Fan, Dishwasher, Dryer, Cable, Garbage Disposal
Laundry Garage
Exterior
Garage Attached, Garage - 1 Car, Garage - 2 Car, Garage, Uncovered
Garage Spaces 2.0
Waterfront Description None
View Y/N Yes
View Hills
Roof Type Composition, Shingle
Building
Lot Description Alley Paved, Back Yard, Front Yard, Landscaped, Lawn
Story 1
Sewer In Street Paid
Water District
Level or Stories Two
Structure Type Frame, Hard Coat
Schools
School District Burbank Unified
Others
Special Listing Condition Standard