Fourplex with Detached
271 W Ash Ave, Burbank, CA 91502
For Sale
$1,999,999
The property combines a separate residence, three apartment units, and multiple garages.
Property Size2,824 SF
Price / SF$708.21
Days on Market308
Property Features for 271 W Ash Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Avison Young – Southern CA LTD
Listed By:
Christopher Baer · License CA #00875482
(213) 935-7430
Source:
Chrispickettrealestate
Added: Jan 6
Changed: Nov 9
Last Checked: Nov 8 at 8:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young – Southern CA LTD
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Investment Insights
Based on property information with market context.
This 2,824-square-foot fourplex, built in 1938, includes a single-family residence and three apartment units. The residence has a two-car garage; the apartments are complemented by six garages, each measuring 10 by 30 feet. The listing describes the residence as a 3 + 1 configuration and the apartments as 1 + 1 units.
At 271 W Ash Ave in Burbank, the property is west of the 5 freeway and between Alameda and Olive. Burbank schools are noted in the property information.
The stated cap rate is 4.6% at current rents with a new tax base, with a 5.5% cap rate at pro forma rents. Potential ADU use of the garages is subject to independent verification with the City of Burbank.
At 271 W Ash Ave in Burbank, the property is west of the 5 freeway and between Alameda and Olive. Burbank schools are noted in the property information.
The stated cap rate is 4.6% at current rents with a new tax base, with a 5.5% cap rate at pro forma rents. Potential ADU use of the garages is subject to independent verification with the City of Burbank.
Key Highlights
- 2,824‑square‑foot fourplex built in 1938
- Single‑family residence plus three 1 + 1 apartment units
- Residence has a two‑car garage
Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,444
Businesses Nearby
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Business Placement
Demographics for 91502, CA
11,665
Population
5,734
Households
2
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
8,973
Density / Sq Mi
$61,443
Median Household Income
$46,046
Median Earnings
$1,899
Median Rent
$946,600
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles County, CA
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines a separate residence, three apartment units, and multiple garages.
Where is this quadplex located?
The property is located at 271 W Ash Ave Burbank, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 2,824‑square‑foot fourplex built in 1938; Single‑family residence plus three 1 + 1 apartment units; Residence has a two‑car garage
