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.
Listed by Christopher Baer
·
License #00875482
·
Avison Young – Southern CA LTD
·
818-858-1820
Last updated January 14, 2026
·
Source: CRMLS #26633817
Listing Facts
TypeMulti-family
NeighborhoodRancho Adjacent
Bedrooms6
Days on Prevu24
Size2,824 sqft
Price per sqft$708
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
01/06/2026
Listed by Avison Young – Southern CA LTD
$1,999,999
Property Details for 271 W Ash Avenue
Exterior
Construction
Number Of Units Total: 4
Roof: Composition, Shingle
Stories: 2
Stories Total: 1
Year Built: 1938
Construction Materials: Frame
Entry Location: Living Room
Features
Direction Faces: South
Patio And Porch Features: Porch
View: Hills
Measurements
Building Area Total: 2,824
Lot Features: Back Yard, Front Yard, Lawn, Landscaped
Lot Size Acres: 0.15
Lot Size Area: 6,946
Lot Size Dimensions: 50,141
Lot Size Source: Assessor
Lot Size Square Feet: 6,946
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.5
Gross Income: $122,700.00
Taxes
Parcel Number: 2451033006
Interior
Features
Appliances: Dishwasher, Disposal, Gas Range, Dryer
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 271 W Ash Avenue.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 271 W Ash Avenue.
How does 271 W Ash Avenue compare to other multi-family homes in Rancho Adjacent?
This multi-family home is listed 7% below the average price for multi-family homes in Rancho Adjacent and has been on the market for 64 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,824 sqft.
271 W Ash Avenue is a 6-bedroom multi-family home for sale in Burbank CA 91502. On Prevu for 24 days at $1,999,999. This property features 2,824 square feet of living space, located in Rancho Adjacent. The median listing price for multi-family homes in this area is $1,725,000. The home offers private outdoor space, dishwasher, parking, and washer/dryer. View other multi-family home listings in Burbank.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.