271 W Ash Avenue, Burbank, CA 91502
List Price: $2M
Listing Status: Active
0Days on Market: 212
6 Bedrooms · 4 Bathrooms · 2,824 sq ft
Property Type: ResidentialIncome
Year Built: 1938
Lot Size: 6,946 sq ft
Garage Spaces: 8
MLS Number: 26633817
About This Property
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 provided by: Christopher Baer DRE #00875482 213-935-7430 chris.baer@avisonyoung.com, Avison Young – Southern CA LTD
Source: CRMLS, MLS #: 26633817
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.