2005 Peyton Avenue, Burbank, CA 91504
  • MLS#: GD24166100 ( Quadruplex )
  • Street Address: 2005 Peyton Avenue
  • Viewed: 1
  • Price: $1,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1935
  • Bldg sqft: 0
  • Days On Market: 96
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91504
  • Provided by: Coldwell Banker Hallmark
  • Contact: Vahik Vahik
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 3193.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 97
Entry Location
  1. Street/Drive Way
Garage Spaces
  1. 1.00
Gardner Expense
  1. 1440.00
Insurance Expense
  1. 1600.00
Laundry Features
  1. None
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 71820.00
Parcel Number
  1. 2468016028
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 420866809:CRM
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalexpenses
  1. 30780.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 1080.00
Water Source
  1. Public
Year Built
  1. 1935
Year Built Source
  1. Assessor
Zoning
  1. BUR4*