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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6BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,824SQFT
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$708$/SQFT
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-30T18:35:31.163. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.