167 W Ash Ave Burbank, CA 91502
Rancho Adjacent NeighborhoodEstimated payment $7,819/month
Highlights
- Private Yard
- No HOA
- Ductless Heating Or Cooling System
- William McKinley Elementary School Rated A-
- Cottage
- Laundry Room
About This Home
Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Property is currently fully rented with solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A has newer windows and tankless water heater. Good tenants - all want to remain. Last rent increase was October 2025. Actual Rents now $1800, $1600, and $1800 - totalling $5200 / mo.
Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!
Listing Agent
Homesmart, Evergreen realty Brokerage Phone: 626-233-0190 License #01099198 Listed on: 03/31/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919 | Remodeled
Lot Details
- 6,275 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Private Yard
Home Design
- Triplex
- Cottage
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Stucco
Interior Spaces
- 1,658 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Laminate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Zoned Heating and Cooling
- Natural Gas Connected
- Sewer Paid
Additional Features
- Accessible Parking
- Shed
- Urban Location
Listing and Financial Details
- Legal Lot and Block 17 / C
- Tax Tract Number 4035
- Assessor Parcel Number 2451001016
- $284 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $400
- Water Sewer Expense $900
- Operating Expense $1,300
- Gross Income $62,400
- Net Operating Income $53,040
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,703 | $1,156,716 | $689,785 | $466,931 |
| 2024 | $12,703 | $1,134,036 | $676,260 | $457,776 |
| 2023 | $12,568 | $1,111,800 | $663,000 | $448,800 |
| 2022 | $9,829 | $888,886 | $734,811 | $154,075 |
| 2021 | $8,597 | $762,543 | $656,501 | $106,042 |
| 2020 | $8,503 | $754,725 | $649,770 | $104,955 |
| 2019 | $8,250 | $739,928 | $637,030 | $102,898 |
| 2018 | $8,164 | $725,421 | $624,540 | $100,881 |
| 2016 | $7,755 | $697,254 | $600,290 | $96,964 |
| 2015 | $7,598 | $686,782 | $591,274 | $95,508 |
| 2014 | $7,589 | $673,330 | $579,692 | $93,638 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2026 04/23/26 | Price Changed | $1,275,000 | -1.8% | $769 / Sq Ft | |
| 03/31/2026 03/31/26 | For Sale | $1,299,000 | +19.2% | $783 / Sq Ft | |
| 04/22/2022 04/22/22 | Sold | $1,090,000 | 0.0% | $657 / Sq Ft | View Prior Sale |
| 04/22/2022 04/22/22 | Sold | $1,090,000 | -11.0% | $657 / Sq Ft | View Prior Sale |
| 04/18/2022 04/18/22 | Price Changed | $1,225,000 | 0.0% | $739 / Sq Ft | |
| 04/18/2022 04/18/22 | Price Changed | $1,225,000 | 0.0% | $739 / Sq Ft | |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- | |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- | |
| 01/15/2022 01/15/22 | Price Changed | $1,225,000 | 0.0% | $739 / Sq Ft | |
| 01/15/2022 01/15/22 | Price Changed | $1,225,000 | -7.5% | $739 / Sq Ft | |
| 10/29/2021 10/29/21 | For Sale | $1,325,000 | 0.0% | $799 / Sq Ft | |
| 10/04/2021 10/04/21 | For Sale | $1,325,000 | -- | $799 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,090,000 | Orange Coast Title | |
| Grant Deed | $302,000 | Accommodation/Courtesy Recordi | |
| Grant Deed | $604,000 | Equity Title Company | |
| Gift Deed | -- | Old Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $817,500 | New Conventional | |
| Previous Owner | $483,200 | New Conventional | |
| Previous Owner | $130,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26067199
APN: 2451-001-016
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Ask me questions while you tour the home.