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268 W Ash Ave

5 Unit Block of Flats £1,903,563 (£380,713/Unit) 4.82% Net Initial Yield Burbank, CA 91502

Investment Highlights

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

Executive Summary

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

Attachments

268 Ash OM

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,903,563
Price Per Unit £380,713
Sale Type Investment
Net Initial Yield 4.82%
Gross Rent Multiplier 14.27
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,364 SF
Number of Floors 2
Year Built 1928
Parking Ratio 1.37/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 1 - -
2+1.5 4 - -
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2451-034-004
Land Assessment
£440,916
Improvements Assessment
£669,749
Total Assessment
£1,110,665

zoning

Zoning Code R4*
R4*
  • Listing ID: 34396689

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 268 W Ash Ave, Burbank, CA 91502

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