$1,999,999
271 W Ash Avenue
Burbank, CA 91502
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.
Property Details
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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
Courtesy of Avison Young – Southern CA LTD






