271 W Ash AVE Active

Burbank,CA 91502

$ 1999999

6 Beds

4 Baths

2824 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,824 sqft

Price per Sqft $708

MLS Listing ID 24417603

Bedrooms 6

Year Built 1938

Lot Size 6,947 Sqft

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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Central

Flooring Laminate

Fireplaces Type Living Room

Laundry In Garage

Exterior

Garage Door-Multi,Door-Single,Garage,Uncovered

Garage Spaces 8.0

Garage Description 8.0

View Y/N Yes

View Hills

Roof Type Composition,Shingle

Building

Lot Description Back Yard,Front Yard,Lawn,Landscaped

Story 1

Sewer Sewer Tap Paid

Water Public

New Construction No

Schools

School District Burbank Unified

Others

Special Listing Condition Standard

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