268 W Ash Ave - Apartments FOR SALE


Burbank, CA 91502
$2,375,000 USD
818-640-4360
268 W Ash Ave, Burbank, CA for Sale
$2,375,000 USD
Apartments - FOR SALE
1/35
null | 5.03% Cap Rate

268 W Ash Ave
Burbank, CA 91502


HIGHLIGHTS

  • 5 units is great Burbank rental pocket
  • Property is a single family residence plus (4) two bedroom two bath townhouse units
  • Property features copper plumbing and updated kitchen and bathrooms
  • Property is centrally located near the 5 freeway, metro link, Disney, Warner Brothers, and Trader Joes

OVERVIEW

Equity Union Commercial is proud to represent this 5 unit property located in Burbank. The property was constructed in 1928. Its unit mix consists of (1) 2+1 home and (4) 2+1.5 townhouse units. With a lot size of 6,810 square feet, the property has a total of 4,364 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

5

PRICE/UNIT

$475,000

CAP RATE

5.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,808 SF

ZONING

R4*

APN/PARCEL ID

2451-034-004

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union Real EstateMore Info
818-640-4360

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Cindy HillEquity Union Real EstateMore Info
818-640-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.