271 W Ash Ave. Burbank CA
Well Maintained 4-Plex in Burbank CA
Marketing description
-Impeccably maintained fourplex ideal for an Owner/ Investor to Occupy the House and capitalize on Tenants in place
-Property consists of a 2 + 1 Single Family Residence with a dean and 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)
-4.8% cap / 16 GRM at current rents and new tax base. 5.7% 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.
Investment highlights
-Impeccably maintained fourplex ideal for an Owner/ Investor to Occupy the House and capitalize on Tenants in place
-Property consists of a 2 + 1 Single Family Residence with a dean and 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)
-4.8% cap / 16 GRM at current rents and new tax base. 5.7% 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.
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