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157 W Ash Ave
Apartment
Sold December 2023

157 W Ash Ave

Burbank, CA · Burbank

Sale Price

$2,425,000

$485,000

Price/Unit

5.06%

Cap Rate

About This Deal

5-unit apartment building in Burbank sold for $2.42M ($485,000/unit, 5.06% cap).

1031 Exchange|3 min read

Record Sale | Burbank | 5 Units

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The successful sale of this 5-unit multifamily property in Burbank, CA.

1. New Career Milestone Achieved

With this closing, we've now sold 300 different apartment buildings in our career. Those 300 multifamily sales combine for $1.02 Billion in sales volume and 4,218 total apartment unit sold.

Our other main specialty is selling land for multifamily development. In our career, we've sold 64 different plots of land which combine for $157 million in total land sales volume and nearly 1,600 buildable apartment units.

What's Your Property Worth?

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16830 Ventura Blvd, Ste. 100, Encino, CA 91436 | (818) 212-2808