271 W Ash Avenue, Burbank, CA 91502

  • $1,999,999
271 W Ash Avenue, Burbank, CA 91502
Active
271 W Ash Avenue, Burbank, CA 91502
271 W Ash Avenue, Burbank, CA 91502
  • $1,999,999

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.

  • Address 271 W Ash Avenue
  • City Burbank
  • State/county CA
  • Zip/Postal Code 91502
  • Country US

Details

Updated on January 23, 2025 at 11:42 pm
  • Property ID: 24417603
  • Price: $1,999,999
  • Property Size: 2824
  • Land Area: 0.1595 Acres
  • Bedrooms: 6
  • Bathrooms: 4
  • Garages: 8.0
  • Garage Size: x x
  • Year Built: 1938
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman