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Stacey Alysson Melman

271 W Ash AV
Burbank, CA, 91502
$1,999,999
6 Beds
4 Baths
2,824 SqFt
0.16 Acres
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MLS #26633817 image #0
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
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 6, 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
Disposal, Gas Range, Dishwasher
Flooring
Laminate
Heating
Central
Interior Features
Ceiling Fan(s)
Laundry Features
In Garage, Dryer Included
Levels
Two

Exterior

Construction Materials
Frame
Covered Spaces
8
Direction Faces
South
Garage Spaces
8
Lot Features
Landscaped, Front Yard, Back Yard, Lawn
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Garage, Garage – Single Door, Open, Garage – Two Door
Parking Spots
2
Parking Total
2
Roof
Composition, Shingle
Stories
1
View
Hills

Financial

Gross Operating Income
$122,700
Net Operating Income
$95,308

Map

Community

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