271 W Ash Ave

For Sale

271 W Ash Ave, Burbank, CA 91502

This Burbank property for sale is located at 271 W Ash Ave. The current listed sale price for 271 W Ash Ave is $2,000,000. 271 W Ash Ave is situated on a lot that is 6,942 acre in size.

Contacts

broker

Christopher Baer

Avison Young - US - CA - Los Angeles

(818) 858-1820

Property Details

  • 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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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.

Attachments

Getting around

  • 80/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 74/100

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Location

  • 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

  • Residence Inn

    0.63 miles

  • Springhill Suites Burbank Downtown

    0.67 miles

  • Hilton Garden Inn

    0.69 miles

  • Holiday Inn

    0.73 miles

  • Safari Inn

    0.94 miles

  • Safari Inn, a Coast Hotel

    0.94 miles

  • Extended Stay America

    1.44 miles

  • Burbank Moose Lodge

    1.56 miles

  • Courtyard Los Angeles Burbank Airport

    2.11 miles

  • The Tangerine

    2.19 miles

  • Ralphs

    0.51 miles

  • Pavilions 2214

    0.55 miles

  • Pavilions

    0.56 miles

  • Sears

    0.98 miles

  • Ross

    1.00 miles

  • Burbank Town Center Mall

    1.05 miles

  • ALDI

    1.06 miles

  • Burlington

    1.10 miles

  • Macy's

    1.10 miles

  • 99 cents

    1.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Christopher Baer

Avison Young - US - CA - Los Angeles

(818) 858-1820