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

HOA Y/N No

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

Interior Features Ceiling Fan(s)

Heating Central

Flooring Laminate

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher,Disposal,Gas Range,Dryer

Laundry In Garage

Exterior

Parking Features Door-Multi,Door-Single,Garage,Uncovered

Garage Spaces 8.0

Garage Description 8.0

View Y/N Yes

View Hills

Roof Type Composition,Shingle

Porch Porch

Attached Garage Yes

Total Parking Spaces 2

Building

Lot Description Back Yard,Front Yard,Lawn,Landscaped

Faces South

Story 1

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Schools

School District Burbank Unified

Others

Senior Community No

Tax ID 2451033006

Special Listing Condition Standard

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