271 W Ash Avenue, Burbank, CA 91502

$1,999,999
6
BD
4
BA
2,824
SqFt

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Listing courtesy of Listing Agent: Christopher Baer (chris.baer@avisonyoung.com) from Listing Office: Avison Young – Southern CA LTD.

List Price
$1,999,999
Status
ACTIVE
Days on Market
221
MLS#
26633817
Subtype
Residential Income
Year Built
1938
Bedrooms
6
Bathrooms
4
Living Area
2,824
Lot Size
6,946
Acres
0.16
MLS Area Major
Burbank (610)

Property 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.

Additional Information

Interior Features
Ceiling Fan(s)
Zoning
BUR4*
Flooring
Laminate
Appliances
Dishwasher, Disposal, Gas Range, Dryer
Heating
Central
Exterior Construction
Frame
Stories
Two Levels
Levels
Two
Roof
Composition, Shingle
Parking Features
Door-Multi, Door-Single, Garage, Uncovered
Garage Spaces
8
School District
Burbank Unified
View
Hills

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.