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271 W Ash Ave

burbank, CA 91502

$1,999,999

  • 6 BR
    APPROX. 2,824 SF

INTERESTED? LET'S CONNECT

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

2,824 Sq Ft

6,946 Sq Ft Exterior Space

Investment

Built in 1938

MLS/Listing ID 24-417603

1 Stories

4 Units

Listing Courtesy of AVISON YOUNG – SOUTHERN CA LTD, CHRISTOPHER BAER - 818-858-1820

CLAW

Source of Data: THE MLS

Interested in 271 W Ash Ave?