271 W Ash Avenue
Burbank, CA 91502
2824 sqft | 6 beds | 0.16 acres | #24417603
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.
Interior Details
- InteriorCeilingFans
Beds & Baths
- Bedrooms6
Property Details
- Lot DescriptionBackYard, FrontYard, Lawn, Landscaped
- ViewHills
- Stories1
Measurements
- Acres0.1595
- Square Feet2824
Parking
- Parking Spaces8
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1938
Utilities / Energy Details
- Sewer InformationSewerTapPaid
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictBurbank Unified
- CountyLos Angeles
Financial Details
- Original List Price$2,000,000
Other
- MLS #24417603
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Christopher Baer (#CLW-C114726)
Listing Office: Avison Young – Southern CA LTD (#CLW-X72443)
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