271 Ash AveBurbank, CA 91502
Fourplex, high occupancy, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- $1,999,000 asking price for a stabilized multifamily investment property.
- Four-unit, Class B property with 2,824 square feet, offering a 4.59% cap rate (5.53% pro-forma).
- 100% occupancy with a current NOI of $91,708 ($110,608 pro-forma).
- Located in Burbank, CA at 271 W Ash Ave, on a 6,944 sq ft lot, with BUR4 zoning.
- Consists of a 3+1 single-family residence with a 2-car garage and three 1+1 units with six 10x30 garages.
- Built in 1938, the property features two buildings, each two stories high.
Property Details for 271 Ash Ave
- Property type
- Residential income homes
- Square Feet
- 2,824 SF
- Class
- B
- Year Built
- 1938
- Buildings
- 2
- Stories
- 2
- Units
- 4
Location Insight
- City
- Burbank
- County
- Los Angeles
- State
- California
- Latitude
- 34.168170907758
- Longitude
- -118.30892213325
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].