CA > Burbank
Burbank, CA 91504,2005 Peyton Avenue
Burbank, CA 91504,2005 Peyton Avenue
Burbank, CA 91504,2005 Peyton Avenue
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$1,900,000
Est. payment /mo
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4 BD
4 BA
0.33 Acres Lot
Active

2005 Peyton Avenue Burbank, CA 91504

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

10/14/2024 03:54 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24166100

Bedrooms 4

HOA Y/N No

Lot Size 0.329 Acres

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Burbank (91504)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Others

Monthly Total Fees $66

Space Rent $2,450

San Diego Regional MLS (SDMLS)
Listed by Vahik Beglarian • Coldwell Banker Hallmark

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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2005 Peyton Avenue

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