271 W Ash Ave Listing Details & Market Data

271 W Ash Ave, Burbank, CA 91502

  • For Sale $2,000,000
  • Property Type Multi-Family
  • Property Size 2,824 SF
  • Units 4
  • Lot Size 6,942 Acre
  • Year Built 1938
  • Date Updated Feb 3, 2024
Situated in one of the most desirable neighborhoods in Burbank, this property offers easy access to top schools, shopping centers, entertainment, and all the amenities you could ever need.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.

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Attachments

Highlights

  • 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 proforma rents.
  • Conveniently located west of the 5 freeway between Alameda and Olive
  • Burbank schools!!
  • Owner may finance for a qualified buyer.

Contacts

broker

Christopher Baer

Avison Young - US - CA - Los Angeles

(818) 858-1820

Location

Getting Around

  • Walk Score ®

    Very Walkable (80)

  • Transit Score ®

    Some Transit (46)

  • Bike Score ®

    Very Bikeable (74)
Powered by Walk Score ®
  • City Burbank, CA
  • Neighborhood Burbank
  • Zip Code 91502
  • Market Los Angeles

Points of Interest

  • Downtown Burbank

    0.71 miles

  • Burbank Airport–South

    3.05 miles

  • RideShare Pickup/Dropoff Point

    3.43 miles

  • Burbank Airport–North

    3.45 miles

  • Universal City/Studio City

    3.65 miles

  • North Hollywood

    3.85 miles

  • Glendale

    4.23 miles

  • Hollywood/Western

    4.63 miles

  • Hollywood/Vine

    4.74 miles

  • Hollywood/Highland

    4.93 miles

  • Arco

    0.19 miles

  • Shell

    0.22 miles

  • Chevron

    0.66 miles

  • Parking electrique

    0.66 miles

  • Valero

    0.80 miles

  • Shell

    0.83 miles

  • 7-Eleven

    0.91 miles

  • Mobil

    0.92 miles

  • United Oil

    0.98 miles

  • Chevron

    1.03 miles

  • Ikea Parking Lot

    0.50 miles

  • RV Parking Lot

    0.72 miles

  • Aramark

    0.81 miles

  • Zorro Parking

    1.15 miles

  • Team Disney Burbank Parking

    1.16 miles

  • Service Parking

    1.54 miles

  • Dog Park Parking

    1.58 miles

  • Burbank Studio Parking

    1.61 miles

  • Warner Bros. Studio Tour

    1.95 miles

  • Lot O

    1.97 miles

  • Yaki's

    0.38 miles

  • Subway

    0.40 miles

  • Denny's

    0.45 miles

  • Pollo loco

    0.49 miles

  • Frank's Steak House

    0.52 miles

  • Subway

    0.56 miles

  • Habit Grill

    0.64 miles

  • Black Angus

    0.67 miles

  • basecamp

    0.72 miles

  • Based Camp

    0.72 miles

  • Jordan Middle School

    0.45 miles

  • LILA International school of Los Angeles

    0.65 miles

  • LILA

    0.65 miles

  • Disney Elementary School

    0.73 miles

  • Benjamin Franklin Elementary School

    0.83 miles

  • John Burroughs Senior High School

    1.04 miles

  • Saint Finbar's High School

    1.05 miles

  • Saint Finbar's Parish School

    1.09 miles

  • Bellarmine-Jefferson High School

    1.10 miles

  • Jefferson-Bellarmine Elementary School

    1.19 miles

  • Disney Day Care

    1.25 miles

  • Komitas

    4.87 miles

  • Neighborhood Nursery School

    5.16 miles

  • Vine Street Early Education Center

    5.56 miles

  • Coldwater Preschool

    7.91 miles

  • Gates Early Education Center

    8.94 miles

  • Inti Wasi Preschool

    9.03 miles

  • Gan Yaffa

    9.59 miles

Contact Listing Broker

broker

Christopher Baer

Avison Young - US - CA - Los Angeles

(818) 858-1820