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.
For sale
$1,999,999
271 W Ash Ave, Burbank, CA 91502
6beds
4baths
2,824sqft
Est.:
Multi Family
Built in 1938
-- sqft lot
$1,858,600 Zestimate®
$708/sqft
$-- HOA
What's special
- 118 days
- on Zillow |
- 226 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: January 23, 2025 at 07:20am
Listed by:
Christopher Baer DRE # 00875482 213-935-7430,
Avison Young – Southern CA LTD 213-935-7430
Source: CLAW,MLS#: 24-417603

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Kitchen
- Features: Counter Top
Heating
- Central
Cooling
- Air Conditioning
Appliances
- Included: Gas/Electric Range, Dishwasher, Dryer, Disposal
- Laundry: In Garage
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,824
- Total interior livable area: 2,824 sqft
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Attached, Garage - 1 Car, Garage - 2 Car, Garage, Open
- Attached garage spaces: 8
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 1
- Entry location: Living Room
- Patio & porch: Porch
- Exterior features: Balcony
- Has view: Yes
- View description: Hills
- Waterfront features: None
Lot
- Size: 6,947.82 Square Feet
- Dimensions: 50 x 141
- Features: Back Yard, Front Yard, Landscaped, Lawn
Details
- Additional structures: None
- Parcel number: 2451033006
- Zoning: BUR4*
- Special conditions: Standard
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Hard Coat
- Roof: Composition,Shingle
Condition
- Year built: 1938
Utilities & green energy
- Sewer: In Street Paid
- Water: District
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $708/sqft
- Tax assessed value: $300,263
- Annual tax amount: $3,768
- Date on market: 1/23/2025
- Total actual rent: 119100
- Tenant pays: Electricity, Gas
- Road surface type: Alley Paved
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