$1,999,999
- Beds
- 6
- sq ft
- 2,824
271 W Ash Ave, Burbank, CA 91502
271 W Ash Ave
Burbank, CA 91502
- 126 days on market
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.
Details
Property type
Lot size
6,946 sq ft
Price per sq ft
$709
Year built
1938
HOA
No
Price History
07/20/2024
CLAW #23333991
Removed
$2,000,000
07/01/2024
CLAW #24417603
Listed
$1,999,999
05/06/2024
CLAW #23333991
Listed
$2,000,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Burbank Unified
Status: Active
Tomo last checked: 11/22/2024 at 1:45 PM
Listing updated: 10/05/2024 at 6:59 PM
Listed by: Christopher Baer, Avison Young – Southern CA LTD Phone #: (213) 935-7430
MLS: CLAW #24417603
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