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For SaleLuxury

$1,999,999

2,824 sqft$708/sqft306 days on market

271 W Ash Avenue

Burbank, CA 91502

· 8% down, 7% APR, 30yr fixed

6

Beds

4

Baths

2,824

Square feet

1938

Built

Listing narrative

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.

Listing agent (MLS): Christopher Baer · Listing brokerage (MLS): Avison Young – Southern CA LTD

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,999,999

Beds

6 bd

Type

House

Home Size

2,824 sqft

Baths

4

Lot Size

0.16 acres

Year

1938

Status

For Sale

Days on Market

306

$ / Sqft

$708

· 8% down, 7% APR, 30yr fixed
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Courtesy of Avison Young – Southern CA LTD