271 Ash Avenue, Burbank, CA 91502
  • MLS#: 24417603 ( )
  • Street Address: 271 Ash Avenue
  • Viewed: 2
  • Price: $1,999,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1938
  • Bldg sqft: 0
  • Days On Market: 138
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91502
  • Provided by: Avison Young – Southern CA LTD
  • Contact: Christopher Christopher
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Gas Range
Building Area Total
  1. 2824.00
Construction Materials
  1. Frame
Country
  1. US
Direction Faces
  1. South
Door Features
  1. Sliding Doors
Entry Location
  1. Living Room
Fireplace Features
  1. Living Room
Flooring
  1. Laminate
Garage Spaces
  1. 8.00
Heating
  1. Central
Interior Features
  1. Ceiling Fan(s)
Laundry Features
  1. Dryer Included
  2. In Garage
Levels
  1. Two
Lot Features
  1. Back Yard
  2. Front Yard
  3. Landscaped
  4. Lawn
Netoperatingincome
  1. 91708.00
Parcel Number
  1. 2451033006
Parking Features
  1. Garage - Single Door
  2. Garage - Two Door
  3. Garage
  4. Uncovered
Postalcodeplus4
  1. 2420
Roof
  1. Composition
  2. Shingle
Sewer
  1. Sewer Paid
Sourcesystemkey
  1. 24-417603:CLAW
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 27392.00
Uncovered Spaces
  1. 6.00
View
  1. Hills
Virtual Tour Url
  1. https://youtu.be/Bdc__sgYDTM
Water Source
  1. Public
Year Built
  1. 1938
Year Built Source
  1. Assessor
Zoning
  1. BUR4*