Listing Courtesy of: CRMLS / Coldwell Banker Hallmark Realty / Vahik Beglarian - Contact: 818-203-5471
2005 Peyton Avenue Burbank, CA 91504
Active (128 Days)
$1,900,000
3,193
SQFT
Description
MLS #:
GD24166100
GD24166100
Lot Size
0.33 acres
0.33 acres
Type
Multifamily
Multifamily
Year Built
1935
1935
County
Los Angeles County
Los Angeles County
Listed By
Vahik Beglarian, DRE #00941552 CA, Coldwell Banker Hallmark Realty, Contact: 818-203-5471
Source
CRMLS
Last checked Nov 14 2024 at 9:35 AM GMT+0000
CRMLS
Last checked Nov 14 2024 at 9:35 AM GMT+0000
Bathroom Details
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Additional Information: Hallmark Realty | 818-203-5471
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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.