271 W Ash Avenue Burbank, CA ^$ 2,000,000

271 W Ash Avenue

^$ 2,000,000

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271 W Ash Avenue

Burbank, CA, 91502

^$ 2,000,000

Bedrooms6 Baths4.0 Sq 2,824

Monthly Estimate*

^$ 13,293

Listed by Avison Young – Southern CA LTD

271 W Ash Avenue, Burbank, CA 91502 - Image 1

271 W Ash Avenue, Burbank, CA 91502 - Image 2

271 W Ash Avenue, Burbank, CA 91502 - Image 3

271 W Ash Avenue, Burbank, CA 91502 - Image 4

Multi-Family Home for sale in Burbank, CA

for $2,000,000 with 6 bedrooms and 4 full baths. This 2,824 square foot home was built in 1938 on a lot size of 0.1595.

Impeccably maintained fourplex; Property consists of a 3 + 1 Single Family Residence with two (2) car garage. Three (3) 1 + 1 apartments with six (6) 10 X 30 garages ideal for contractor, storage or potential ADU's (please 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.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1595

Year Built

1938

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

23333991

Days on Market

191

Features

General

Heating NaturalGas

Zoning BUR4*

Garage Spaces 8.0

Year Built 1938

Stories 2

Levels Two

Gross Income 117300.0

County Los Angeles

Net Operating Income 89908.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Located on Ash Avenue one block north of Victory Blvd.

City Burbank

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 4

MLS Area 610 - Burbank

Lot Size Square Feet 6946.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Ash

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 161

Standard Status Active

Cap Rate 4.5

Exterior

Parking Features Garage

Total Parking 8.0

Lot Size Area 6946.0

Number of Buildings 2

Spa N

Building Area Total 2824.0

Lot Dimensions 50x141

Lot Size Acres 0.1595

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 271

* Excluded Features

List By

Avison Young – Southern Ca Ltd

Broker

(323) 603-5093

Phone

Affordability Calculator

$13,293

Per Month

Monthly Principal & Interest: $13,293
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Burbank, CA

Average List Price ^$2,227,268

Percent of Sale Price 11%

About Burbank, CA

4,839 Population

2% Since 2002

^$64,570 Median Income

36.57 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/22/2023	$2,000,000		Listed Price

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271 W Ash Avenue, Burbank, CA, 91502 is a Multi-Family Home for sale at $2,000,000 with 2,824 sqft and a lot size of 0.1595. 271 W Ash Avenue has 6 bedrooms, 4.0 baths, and was built in 1938. The property's zip code is 91502 which is in Burbank, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/30/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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271 W Ash Avenue

Multi-Family Home for sale in Burbank, CA

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