tomo logo

$1,999,999

Beds
6
sq ft
2,824

271 W Ash Ave, Burbank, CA 91502

271 W Ash Ave

Burbank, CA 91502

  • 156 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

CLAW #23333991

Removed
$2,000,000
07/01/2024
CLAW

CLAW #24417603

Listed
$1,999,999
05/06/2024
CLAW

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: 12/22/2024 at 6:15 PM

Listing updated: 12/04/2024 at 6:00 PM

Listed by: Christopher Baer, Avison Young – Southern CA LTD Phone #: (213) 935-7430

MLS: CLAW #24417603

CLAW logo

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