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.
AGENT: Christopher Baer LISTING BROKERAGE: Avison Young – Southern CA LTD
Courtesy of Avison Young – Southern CA LTD. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 271 W Ash AV
Burbank, CA
Property Details
Price:
$1,999,999
MLS #:
26633817
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Neighborhood:
610burbank
Listed Date:
Jan 14, 2026
Finished Sq Ft:
2,824
Total Sq Ft:
2,824
Lot Size:
6,946 sqft / 0.16 acres (approx)
Year Built:
1938
610 – Burbank610burbankBurbank UnifiedHills
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Schools
School District:
Burbank Unified
Interior
Appliances
DW, GD, GR
Flooring
LAM
Heating
CF
Interior Features
CF
Laundry Features
IG, DINC
Levels
U
Exterior
Attached Garage YN
1
Construction Materials
FRM
Direction Faces
S
Garage Spaces
8
Parking Spots
2
Parking Total
2
Patio And Porch Features
PO
Roof
CMP, SHN
View
HI
Financial
Gross Operating Income
$122,700
Net Operating Income
$95,308
Map
Community
- Address271 W Ash AV Burbank CA
- CityBurbank
- CountyLos Angeles
- Zip Code91502
