4 months on rocket

271 W Ash Ave, Burbank, CA, 91502

$1,999,999

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Baths
2,824 SqFt
$708/SqFt
House

Location

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271 W Ash Ave, Burbank$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Door-Single, Garage, Uncovered
Attached Garage8 spaces
Year Built1938
HeatingCentral
FireplaceLiving Room
ViewHills
MLS #24417603
Lot Size0.16 Acres
StatusActive

About 271 W Ash Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 1
  • Living Area: 2,824 SqFt

Listing Office:

  • Office Name: Avison Young – Southern CA LTD
  • Office Phone: (213) 935-7430
  • Listing Agent: Christopher Baer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Dryer
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Hills

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Door-Single, Garage, Uncovered

Virtual/3D Tour

  • Virtual Tour: 271 W Ash Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Rancho Adjacent. Victory Blvd. between Alameda and Olive

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $708/SqFt

Tax Information:

  • Annual Amount: $3,542
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burbank, CA.

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Burbank, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$788

Avg. Days On Market

31

# of Sold Homes

47

271 W Ash Ave vs Burbank

120 DAYS ON ROCKET

+89 Days

$1,999,999

+$871.6K More

$708/SqFt

-$80 Less

KEY TAKEAWAY

This property is $871.6K more than the Median Sold Price and $80/SqFt less than other homes in Burbank, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24417603

Listing Office:

  • Office Name: Avison Young – Southern CA LTD
  • Office Phone: (213) 935-7430
  • Listing Agent: Christopher Baer

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,542$288,605
2020$3,406$285,646
2019$3,288$280,046
2018$3,222$274,556
2017$3,222$269,174

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-468333
6
/10

  • William McKinley Elementary School

  • 349 W Valencia Ave

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-468334
7
/10

  • Walt Disney Elementary School

  • 1220 W Orange Grove Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-468335
8
/10

  • Benjamin Franklin Elementary School

  • 1610 Lake St

  • 0.84 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,875. Residents of Burbank, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 271 W Ash Ave

What is the listing price of this property?

The listing price of 271 W Ash Ave property is $1,999,999.

What type of property is this?

The property 271 W Ash Ave is a house located in Burbank, California, 91502.

Is this property for sale now?

Active Listing: 271 W Ash Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,542 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 271 W Ash Ave has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 271 W Ash Ave is 2,824 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 271 W Ash Ave is 1938.

Rocket Homes›California›Los Angeles County›Burbank›91502›271 W Ash Ave

This home is located at 271 W Ash Ave in Burbank, CA and zip code 91502 in the Rancho Adjacent neighborhood. This 2,824 square foot home, which was built in 1938, sits on a 0.16 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $1,999,999.

While more than 21 listings in Burbank, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 24 were sold below. The number of homes for sale in Burbank, CA increased by 13.9% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $1,128,372.

From Rocket Homes Real Estate and based on county public records data.

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