2005 Peyton Avenue

Burbank, CA 91504

$1,900,000
Price
4
Beds
5
Baths
3,193 Sq. Ft.
$595 / Sq. Ft.
3,193
Sq. Ft.
$595
per Sq. Ft.

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...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.
  1. Listed by Vahik Beglarian • DRE #00941552 • Brokerage DRE #01079007 • Coldwell Banker Hallmark • 818-203-5471
  2. Listed by Shalita Dergazarian • DRE #01087355 • Brokerage DRE #01079007 • Coldwell Banker Hallmark

Property Details for 2005 Peyton Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
5.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 10/11/2024 07:42 AM

Property Details for 2005 Peyton Avenue

StatusActive
MLS #GD24166100
Days on Market93
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.33 AC / 14,352 SF
CountyLos Angeles County

Building Information for 2005 Peyton Avenue

Stories1Residences-Year Built1935Building Size-Lot Size0.33 AC / 14,352 SF

Property Information for 2005 Peyton Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $102,600
  • Net Operating Income: $71,820
Expense Details
  • Operating Expense: $30,780
  • Operating Expense Percent: 30.00%
  • Gardener Expense: $1,440
  • Insurance Expense: $1,600
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,080
  • Total Expenses: $30,780
Tax / Assessment Info
  • Tax Tract Number: 4987
  • Tax Census Tract: 3106.01
  • CFD/Mello-Roos Fee: $794
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Street/Drive Way
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,450
  • Unit Type Total Rent: $2,450
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0
  • Number With Range: 5
  • Number With Disposal: 5
  • Number With Patio: 1

Property History for 2005 Peyton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2005 Peyton Avenue

Taxable ValueLand$671,316Additions$1,006,976Total$1,678,292
Tax Record2024$19,214 ($1,601 / month)
Home Facts
Total Finished SqFt3,193 SqFtAbove Grade Finished SqFt3,193 SqFtLot Size14,348 SqFtStyleMulti-Family Res (5+ Units)Year Built1935ZoningBUR4*CountyLOS ANGELESAPN2468-016-028

Schools near 2005 Peyton Avenue

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
George Washington Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

Burbank High School
Public9 to 12

Magnolia Park School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2005 Peyton Avenue is a multi-family home for sale in Burbank, CA 91504. This property was listed for sale on August 12, 2024 by Coldwell Banker Hallmark, it's currently listed at $1,900,000. It has been on the market for a total of 93 days and was last sold on August 17, 2016. This listing's school district is Burbank Unified School District. Nearby schools include George Washington Elementary School, Luther Burbank Middle School and Burbank High School. 2005 Peyton Avenue is a 4-bed, 5-bath, 3,193 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Hallmark, Vahik Beglarian, DRE #00941552; Coldwell Banker Hallmark, Shalita Dergazarian, DRE #01087355

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.