2005 Peyton Avenue, Burbank CA, 91504

Active

2005 Peyton Avenue

Burbank CA, 91504

$1,900,000

$595.05 per sqft

Active

3,193 sqft

Multi-family

Built in 1935

Listed by Vahik Beglarian with Coldwell Banker Hallmark 818-203-5471

INCREDIBLE NORTH BURBANK LOCATION, THIS COULD BE AN INVESTMENT OF LIFETIME!
An Exceptional Investment Opportunity to own 5 bungalow style units, 3,193 SQFT of existing living space which consist of a two-bedroom house, two single units, and two one-bedroom units, fully occupied property with month-to-month tenancy, The expansive 14,342 SQFT lot provides ample space for multiple vehicle parking and a tranquil oasis with lots of fruit trees in the heart of Burbank, Zoned BUR4 which offers a huge upside potential for development of a new multi-family apartment building or a condominium project. Burbank is and will most likely always be one of the highest demands, small self-incorporated cities in L.A. EZ freeway access to everywhere, multiple studios within miles, it attracts great demand and dictates high rents. Good quiet, yet EZ to access location. Property offers a huge upside potential of adding ADU units, Garage conversion to an ADU unit and rental rate increase with moderate upgrading of the units, this property is truly an investor's dream.

GD24166100

MLSⓇ ID

August 12, 2024

Listed

December 5, 2024

Updated

Map

2005 Peyton Avenue
Burbank CA, 91504

Interior Features

Total Stories: 1
Laundry Description: None
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.33 Acres
Sewer: Public Sewer

Other Property Details

Area Name: 610 - Burbank
Days on Market: 114
Garage: Yes
Garage Spaces: 1
Parking Total: 1
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: BUR4*

Listing Contact: 818-476-3000

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 4:23 AM UTC