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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 Type(s):
Residential Income
| Last Updated | 10/2/2024 | Year Built | 1938 |
|---|---|---|---|
| Community | Burbank | Garage Spaces | 8.0 |
| County | Los Angeles |
SCHOOLS
| School District | Burbank Unified |
|---|
Additional Details
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Range |
|---|---|
| AREA | Burbank |
| CONSTRUCTION | Frame |
| FIREPLACE | Yes |
| GARAGE | Door-Multi, Door-Single, Garage, Uncovered, Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6946 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Lawn |
| LOT DIMENSIONS | 50x141 |
| PARKING | Door-Multi,Door-Single,Garage,Uncovered |
| SEWER | Sewer Tap Paid |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills |
| WATER | Public |
| ZONING | BUR4* |
Location
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Listed with Avison Young – Southern CA LTD
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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