Burbank, CA 91504,2005 Peyton Avenue
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Burbank, CA 91504,2005 Peyton Avenue
Burbank, CA 91504,2005 Peyton Avenue
Burbank, CA 91504,2005 Peyton Avenue
Burbank, CA 91504,2005 Peyton Avenue
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Listed by Vahik Beglarian • Coldwell Banker Hallmark
$ 1,900,000
Est. payment /mo
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2005 Peyton Avenue Burbank, CA 91504

3,193 SqFt


UPDATED:

10/12/2024 05:27 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,193 sqft

Price per Sqft $595

MLS Listing ID CRGD24166100

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1935

Lot Size 0.329 Acres

Property 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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

Water Public


Bay East AOR and Contra Costa AOR

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2005 Peyton Avenue