$1,999,999

Estimated payment $10,918/month

Total Views 14,411
6 Beds
4 Baths
2,824 Sq Ft
$708 Price per Sq Ft

Highlights

  • View of Hills
  • Living Room with Fireplace
  • Balcony
  • William McKinley Elementary School Rated A-
  • Lawn
  • Porch

About This Home

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.

Listing Agent

Christopher Baer

Avison Young – Southern CA LTD License #00875482 Listed on: 01/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,946 Sq Ft Lot
  • Lot Dimensions are 50x141
  • South Facing Home
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 8 Car Attached Garage
  • 6 Open Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • Laminate Flooring
  • Views of Hills

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 2451-033-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

6,946 Sq Ft Lot

Parking

8

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Location: Living Room
  • Living Area: 2824
  • Lot Acreage: 0.1595
  • Lot Dimensions: 50x141
  • Probate: No
  • Stories: 1
  • Year Built: 1938
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 4
  • Number Disposal: 4
  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 6
  • Kitchen Features: Counter Top
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Cable, Garbage Disposal
  • Price Per S Q F T: 708.21

Exterior Features

  • Direction Faces: South
  • Construction: Frame, Hard Coat
  • Other Features: Balcony, Sliding Glass Doors
  • Other Structures: None
  • Patio: Porch
  • Paved: Yes
  • Roof: Composition, Shingle
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 8
  • Other Spaces: 6
  • Garage Structures: 7
  • Number Rented Garages: 6
  • Parking Garage: Attached, Garage - 1 Car, Garage - 2 Car, Garage, Uncovered
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street Paid
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front, Rear
  • Assessed Improvement Percent: 52.99
  • Assessed Improvement Value: 159120
  • Assessed Land Percent: 47.01
  • Assessed Land Value: 141143
  • Total Assessed Value: 300263
  • Assessor Parcel Number: 2451-033-006
  • Lot Description: Alley Paved, Back Yard, Front Yard, Landscaped, Lawn
  • Lot Location: Alley Access
  • Lot Size Area: 6946

Rental Info

  • Number Leased: 4
  • Total Actual Rent: 122700.00
  • Garage Rental Rate: 250
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.29
  • Number Of Units: 4
  • Type Of Units: 1 SFR, 3 1+1

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Burbank Unified

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,768 $312,392 $146,844 $165,548
2024 $3,768 $306,267 $143,965 $162,302
2023 $3,731 $300,263 $141,143 $159,120
2022 $3,571 $294,376 $138,376 $156,000
2021 $3,542 $288,605 $135,663 $152,942
2020 $3,502 $285,646 $134,272 $151,374
2019 $3,407 $280,046 $131,640 $148,406
2018 $3,288 $274,556 $129,059 $145,497
2016 $3,098 $263,898 $124,049 $139,849
2015 $3,039 $259,935 $122,186 $137,749
2014 $3,057 $254,844 $119,793 $135,051
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $1,999,999 -- $708 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

Source: The MLS

MLS Number: 26633817

The MLS

APN: 2451-033-006

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