Property Details
About this Property
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.
MLS Listing Information
MLS #
CRGD24166100
MLS Source
California Regional MLS
Days on Site
98
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Vahik Beglarian
Coldwell Banker Hallmark
License #: 00941552
Phone: –
Co-Listing Agent
Shalita Dergazarian
License #: 01087355
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2005 Peyton Ave is a Residential Income in Burbank, CA 91504. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,900,000 and was built in 1935. This address can also be written as 2005 Peyton Ave, Burbank, CA 91504.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 11, 2024. For the most current information, please contact Vahik Beglarian
