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$ 1,999,999
Est. payment | /mo
6 Beds
2,824 SqFt
$ 1,999,999
Est. payment | /mo
6 Beds
2,824 SqFt
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $708
MLS Listing ID CL24417603
Bedrooms 6
HOA Y/N No
Year Built 1938
Lot Size 6,946 Sqft
Acres 0.16
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
Zoning BUR4
Interior
Heating Central
Flooring Laminate
Fireplace No
Laundry Dryer, In Garage
Exterior
Exterior Feature Back Yard, Front Yard
Utilities Available Other Water/Sewer
View Y/N true
View Hills
Total Parking Spaces 2
Building
Lot Description Other, Back Yard, Front Yard, Landscape Misc
New Construction No
Others
Tax ID 2451033006
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Listed by Christopher Baer • Avison Young – Southern CA LTD
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Patrick Nagel
REALTOR® | Lic# 1760790