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Burbank, CA 91504 2005 Peyton Avenue

$2,188,888

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Presented By: Ramin Favakehi with Ramin Favakehi, Broker; 949-929-2630
  • MLS# OC24072208
  • 04/11/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 5
  • FootageSQFT • 3,193
  • GarageGarage • 1

Home Details

A prime opportunity for investors! Welcome to this exceptional property in Burbank, boasting five units on a sprawling 14,349 sq ft flat lot, with a generous 3,193 sq ft of living space. Comprising a two-bedroom house, two single units, and two one-bedroom units, this listing offers versatility and potential. The expansive lot provides ample space for multiple vehicles, a sizable yard, and flourishing fruit trees, creating a tranquil oasis in the heart of Burbank. Enjoy the convenience of excellent public transportation and the proximity to shopping, schools, and restaurants, all within walking distance. With its myriad possibilities, including potential future development opportunities, this property is truly an investor's dream. Explore the endless potential and possibilities.
Presented By: Ramin Favakehi with Ramin Favakehi, Broker; 949-929-2630

Interior Features for 2005 Peyton Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 2005 Peyton Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityBurbank
Community FeaturesCurbs
ContingencyPRIVATE REMARKS: IMPORTANT NOTICE: Please note that drive-by viewings are permitted only at this time. Offers will be considered subject to inspection. It's essential to understand that tenants are c
CountyLos Angeles
Days on Market
DirectionsGlenoaks Blvd, to Parish Place to Peyton Ave
Entry Location1
Expected Active Date 2024-04-17
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income102600.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet14352.0
MLS Area610 - Burbank
MobileHomeRemainsYNNo
Net Operating Income70639.0
New ConstructionNo
Number of Units Leased5
Operating Expense31961.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NamePeyton
Tax Lot4
Taxes$27,361
Total Units5
Trash Expense0.0
View Y/NNo
Water Sewer Expense1080.0
Waterfront Y/NNo
Year Built1935
Year Built SourceAssessor
ZoningBUR4*

Exterior for 2005 Peyton Avenue

Building Area Total3193.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3295
Lot Size Area14352.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking1.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,188,888
MLS#OC24072208
List Date 04/11/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors