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listing
1 of 16
Residential IncomeFor Sale
$1,900,000
2005 Peyton Avenue
Burbank, CA 91504
Listed by Vahik Beglarian DRE#00941552 [email protected] Coldwell Banker Hallmark
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$9,907/mo

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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Information courtesy of Coldwell Banker Hallmark is subject to verification and is not guaranteed.
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