Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    271 Ash Avenue, Burbank, CA 91502
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    • MLS#: 24417603 ( )
    • Street Address: 271 Ash Avenue
    • Viewed: 13
    • Price: $1,999,999
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1938
    • Bldg sqft: 0
    • Days On Market: 219
    • Additional Information
    • County: LOS ANGELES
    • City: Burbank
    • Zipcode: 91502
    • Provided by: Avison Young – Southern CA LTD
    • Contact: Christopher Christopher
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    • 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.
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    Features
    Appliances
    1. Dishwasher
    2. Disposal
    3. Gas Range
    Building Area Total
    1. 2824.00
    Construction Materials
    1. Frame
    Country
    1. US
    Direction Faces
    1. South
    Door Features
    1. Sliding Doors
    Entry Location
    1. Living Room
    Fireplace Features
    1. Living Room
    Flooring
    1. Laminate
    Garage Spaces
    1. 8.00
    Heating
    1. Central
    Interior Features
    1. Ceiling Fan(s)
    Laundry Features
    1. Dryer Included
    2. In Garage
    Levels
    1. Two
    Lot Features
    1. Back Yard
    2. Front Yard
    3. Landscaped
    4. Lawn
    Netoperatingincome
    1. 91708.00
    Parcel Number
    1. 2451033006
    Parking Features
    1. Garage - Single Door
    2. Garage - Two Door
    3. Garage
    4. Uncovered
    Postalcodeplus4
    1. 2420
    Roof
    1. Composition
    2. Shingle
    Sewer
    1. Sewer Paid
    Sourcesystemkey
    1. 24-417603:CLAW
    Tenant Pays
    1. Electricity
    2. Gas
    Totalexpenses
    1. 27392.00
    Uncovered Spaces
    1. 6.00
    View
    1. Hills
    Views
    1. 13
    Virtual Tour Url
    1. https://youtu.be/Bdc__sgYDTM
    Water Source
    1. Public
    Year Built
    1. 1938
    Year Built Source
    1. Assessor
    Zoning
    1. BUR4*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836