2005 Peyton AVE Burbank, CA 91504
3,193 SqFt
UPDATED:
10/11/2024 09:56 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,193 sqft
Price per Sqft $595
MLS Listing ID GD24166100
HOA Y/N No
Year Built 1935
Lot Size 0.329 Acres
Acres 0.3295
Property Description
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
Area 610 - Burbank
Zoning BUR4*
Interior
Laundry None
Exterior
Garage Spaces 1.0
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Lot 10000-19999 Sqft
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS DRIVE BY ONLY, Offer subject to interior inspection. Please do not disturb the tenants or walk the driveway into the property grounds. Contact brokers for any additional information.
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS DRIVE BY ONLY, Offer subject to interior inspection. Please do not disturb the tenants and do not walk the driveway into the property grounds.
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