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271 W Ash Avenue Burbank, CA $ 1,999,999
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271 W Ash Avenue
$ 1,999,999
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271 W Ash Avenue

Burbank, CA, 91502
$ 1,999,999
Bedrooms6 Baths1.0 Sq 2,824

Monthly Estimate*

$ 12,314

Listed by Avison Young – Southern CA LTD
​
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Multi-Family Home for sale in Burbank, CA

for $1,999,999 with 6 bedrooms and 1 full bath. This 2,824 square foot home was built in 1938 on a lot size of 0.1595.

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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Multi-Family Active

Price

$ 1,999,999

Bedrooms

6

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1595

Year Built

1938

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

26633817

Days on Market

6
Features
General
Living Area 2824
Sewer Sewer Tap Paid
Heating Central
Roof Composition Shingle
Appliances Dishwasher Disposal Gas Range Dryer
Zoning BUR4*
Garage Spaces 8
Patio/Porch Features Porch
Construction Materials Frame
Year Built 1938
Tenant Pays Electricity Gas
View Hills
Stories Count 2
Levels Two
Gross Income 122700
County Los Angeles
Net Operating Income 95308
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Facing Direction South
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Rancho Adjacent. Victory Blvd. between Alameda and Olive
City Burbank
Entry Location Living Room
Senior Community Y/N false
High School District Burbank Unified
Open Parking Spaces 6
Number Of Units Total 4
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 6946
Number of Units Leased 4
Land Lease Y/N false
Rent Control Y/N false
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Cap Rate 4.5
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Laminate
Fireplace Features Living Room
Total Stories 1
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Garage
Total Bedrooms 6
Total Baths 4
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Exterior
Parking Features Door-Multi Door-Single Garage Uncovered
Lot Features Back Yard Front Yard Lawn Landscaped
Water Source Public
Total Parking 2
Lot Size Area 6946
Number of Buildings 2
Building Area Total 2824
Lot Dimensions 50x141
Lot Size Acres 0.1595
Lot Size Source Assessor
Door Features Sliding Doors
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* Excluded Features
List By
Avison Young – Southern Ca Ltd

Broker

chris.baer@avisonyoung.com

Email

Affordability Calculator

$12,314
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Monthly Principal & Interest
$12,314
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/6/2026$1,999,999 Listed Price

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271 W Ash Avenue, Burbank, CA, 91502 is a Multi-Family Home for sale at $1,999,999 with 2,824 sqft and a lot size of 0.1595. 271 W Ash Avenue has 6 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 91502 which is in Burbank, CA

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