2005 Peyton Avenue, Burbank, CA 91504

  • $1,900,000
  • $595
2005 Peyton Avenue, Burbank, CA 91504
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1935
  • Year Built
For Sale
2005 Peyton Avenue, Burbank, CA 91504
  • $1,900,000
  • $595

Overview

Property ID: SGR-33744311
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 1935
  • Year Built

Description

INCREDIBLE NORTH BURBANK LOCATION, THIS COULD BE AN INVESTMENT OF LIFETIME!
An Exceptional Investment Opportunity to own 5 bungalow style units3`, 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.

  • Address 2005 Peyton Avenue
  • City Burbank
  • State/county CA
  • Zip/Postal Code 91504
  • Area 610 - Burbank
  • Country United States

Details

Updated on September 9, 2024 at 9:48 pm
  • Property ID: SGR-33744311
  • Price: $1,900,000
  • Land Area: 14352.00 m²
  • Garage: 1.00
  • Year Built: 1935
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3193.00
  • MLS#: GD24166100
  • Office Name: COLDWELL BANKER HALLMARK
  • Agent Name: Vahik Beglarian
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Coldwell Banker Hallmark
  • Co-Agent Name: Shalita Dergazarian
  • Agent State License: 00941552
  • Co-Agent State License: 01087355
  • IDX Contact Info: 818-203-5471

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 1.00
  • Water Source: Public

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