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271 W Ash Avenue

Burbank, CA 91502

– beds
– baths
– sqft
6,946 sqft lot
1938 build
– on site

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.

Listed By CRMLS_CA / Christopher Baer / Avison Young – Southern CA LTD

Last checked: Checking… • Last updated Aug 9, 2024 •

MLS# 24417603 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1938
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Frame
Building Area Total:

2824.00
Total Number Of Units:

4
# of Buildings:

2
Roof:

Composition, Shingle
Stories Total:

1
Faces:

South

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Entry Location:

Living Room
Door Features:

Sliding Doors
Flooring:

Laminate
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Dryer Included, In Garage
Laundry:

1

Location

Directions:

Rancho Adjacent. Victory Blvd. between Alameda and Olive
Latitude:

34.16843200
Longitude:

-118.30910700

The Property

Property Type:

Residential Income
Zoning:

BUR4*
Lot Features:

Back Yard, Front Yard, Landscaped, Lawn
Lot Size Area:

6946.0000
Lot Size Dimensions:

50x141
Lot Size Acres:

0.1595
Lot Size SqFt:

6946.00
Lot Size Source:

Assessor
View:

1
View:

Hills
Land Lease:

No

Listing Agent

Contact info:

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

2451033006

Heating & Cooling

Heating:

1
Heating:

Central

Utilities

Sewer:

Sewer Paid
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Range
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Garage - Single Door, Garage - Two Door, Garage, Uncovered
Parking Spaces:

2.00
Garage Spaces:

8.00
Uncovered Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/19/24 Jul 19, 2024	Listed / Active	CRMLS_CA	$1,999,999

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This multifamily located in Rancho Adjacent, Burbank, CA 91502 is currently for sale for $1,999,999. 271 W Ash Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 151 days. 271 W Ash Avenue is in the Rancho Adjacent neighborhood of Burbank and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of William Mckinley Elementary School, David Starr Jordan Middle School, and John Burroughs High School.

Listing Courtesy of: CRMLS_CA and Avison Young – Southern CA LTD. Based on information from California Regional Multiple Listing Service, Inc. as of 23:02 on Dec 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.