271 West Ash Avenue
$1,999,999
6
4
2,824
2,824
$708
Virtual Tour
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...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) 4.5% cap / 17 GRM at current rents and new tax base. 5.5% cap/14% GRM at proformarents. Conveniently located west of the 5 freeway between Alameda and Olive Burbank schools! Owner may finance for a qualified buyer.
- Listed by Christopher Baer • DRE #00875482 • Brokerage DRE #01260886 • Avison Young – Southern CA LTD
Property Details for 271 West Ash Avenue
Water Front
None
ZoningBUR4*
Cross StreetsVictory/Ash
Parcel Number2451033006
Total Units4.0
Living Area2824
Source Living AreaAssessor
AreaBurbank (610)
LISTING UPDATED: 08/09/2024 02:03 PM
Property Details for 271 West Ash Avenue
Status | Active |
---|---|
MLS # | 24-417603 |
Days on Market | 142 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1938 |
Lot Size | 0.16 AC / 6,946 SF |
County | Los Angeles County |
Virtual Tour
Building Information for 271 West Ash Avenue
Stories1Residences-Year Built1938Building Size-Lot Size0.16 AC / 6,946 SF
Property Information for 271 West Ash Avenue
Property History for 271 West Ash Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 271 West Ash Avenue
Taxable ValueLand$143,965Additions$162,302Total$306,267
Tax Record2024$3,768 ($314 / month)
Home Facts
Total Finished SqFt2,824 SqFtAbove Grade Finished SqFt2,824 SqFtStories1Lot Size6,944 SqFtStyleQuadraplexYear Built1938ZoningBUR4*CountyLOS ANGELESAPN2451-033-006
Schools near 271 West Ash Avenue
This home is within Burbank Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
William Mckinley Elementary School PublicK to 5 | ||
Dolores Huerta Middle Public6 to 8 | ||
John Burroughs High School Public9 to 12 | ||
Burbank Usd Community Day School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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