271 W Ash Avenue, Burbank, CA 91502
- $1,999,999
- $708
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.
Address
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Address: 271 W Ash Avenue
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City: Burbank
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State/county: CA
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Zip/Postal Code: 91502
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Area: 610 - Burbank
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Country: United States
Details
Updated on August 29, 2024 at 10:45 am-
Property ID SGR-33665990
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Price $1,999,999
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Property Size 2824.00 m²
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Land Area 6946.00 m²
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Bedrooms 6
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Bathrooms 4
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Garages 8.00
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Year Built 1938
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Property Type Residential Income
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Property Status For Sale
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Living Area 2824.00
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MLS# 24417603
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Office Name AVISON YOUNG – SOUTHERN CA LTD
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Agent Name Christopher Baer
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 00875482
Additional details
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Roof Composition,Shingle
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View Hills
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Sewer Sewer Paid
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Heating Central
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Flooring Laminate
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County Los Angeles
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Parking 2.00
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Water Source Public
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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Monthly HOA Fees
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