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For sale
  • $1,999,999

    271 W Ash Ave, Burbank, CA 91502

    6beds
    4baths
    2,824sqft
    : 
    Multi Family
    Built in 1938
    -- sqft lot
    $1,858,600 Zestimate®
    $708/sqft
    $-- HOA

    What's special

    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.
    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#: 24-417603MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 271 W Ash Ave.

    Next available tour time:Today at 11am

    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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