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Sold on 04/03/2025
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268 W Ash Ave, Burbank, CA 91502

$2,300,000

Last sold 04/03/2025 after 86 Days

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    bed

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    bath

Multi-family not for sale
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About 268 W Ash Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Lot size 6,812 Sqft
Rental estimate
Property description
We are 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
Listed by
Listing Agent - Cindy Hill
Listing Agent Contact: 818-640-4360
Listing Office - Equity Union
Source: CRMLS mls logo
MLS#SR25003909 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Type Residential Income
SubType Apartment
Status Pending
Lot Size (Acres) 0.1564
Lot Size (SqFt) 6812
Year Built 1928
Interior
Laundry Community
Exterior
Building Area Square Feet, 4364
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Suburban, Urban, Valley
Zoning BUR4*
Directions Just North Of Victory Blvd., Off Alameda Ave.
APN 2451034004
Multifamily Details
Expense: Trash 1543
Operating Expense 46960
Cap Rate 5.03
Expense: Insurance 5827
Total Expenses 46960
Gross Income 166440
Expense: Electric 2463
Gross Multiplier 13.84
Gross Scheduled Income 171600
Rental est.: $2,118/month
Gross rent multiplier: 90.5
  • Apr 2025
    mls logo MLS # SR25003909
  • Apr 3, 2025 Sold
    $2,300,000
  • Feb 3, 2025 Pending
    —
  • Jan 7, 2025 Listed
    $2,375,000 (+98.9%)
  • Apr 2025
    Public Records
  • Apr 2, 2025 Sold
    $2,300,000 (-3.2%)
  • May 2016
    mls logo MLS # SR16023606
  • May 13, 2016 Sold
    $1,194,000
  • May 10, 2016 Sold
    $1,210,000 (+0.9%)
  • Feb 4, 2016 Listed
    $1,199,000
  • Feb 4, 2016 Listed
    $1,199,000
  • May 2016
    Public Records
  • May 10, 2016 Sold
    $1,194,000 (-1.3%)
  • Year Property taxes Tax assessment
  • 2024
    $16,111 +1.0%
    $1,385,733 +2.0%
  • 2023
    $15,946 +4.6%
    $1,358,563
  • 2022
    $15,246 +0.5%
    $1,358,563 +4.04%
  • 2021
    $15,176 +1.1%
    $1,305,810
  • 2020
    $15,013 +4.3%
    $1,305,810 +5.12%
  • 2018
    $14,389
    $1,242,237
  • 268 W Ash Ave
    $2.3M
  • Rancho Adjacent
    $1.25M +5% y/y
  • 91502
    $599K -3% y/y
  • Burbank
    $1.14M -4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Dolores Huerta Middle
public Grades 6-8
Burbank Unified School District
9/10
Burroughs High School
public Grades 9-12
Burbank Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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