2014-2016 Peyton Ave - Apartments FOR SALE


Burbank, CA 91504- Vega
$1,120,000 USD
818-943-8088
2014-2016 Peyton Ave, Burbank, CA for Sale
$1,120,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

2014-2016 Peyton Ave
Burbank, CA 91504
Vega


HIGHLIGHTS

  • Two separate residences on a single lot in Burbank, CA

OVERVIEW

Prime Burbank Investment Opportunity with Dual Income Potential Presenting a rare chance to own two separate residences on a single lot in the heart of Burbank: 2014 and 2016 Peyton Avenue. This well-maintained property offers excellent income potential, with each unit featuring separate gas, electric, and water meters. Tenants are responsible for all utilities and waste disposal, making this a low-maintenance investment. Both homes are equipped with central air conditioning and heating, ensuring year-round comfort. - 2014 Peyton Avenue (Front Unit): A charming single-story residence featuring 2 bedrooms, 1 bathroom, and an uncovered parking space. Thoughtfully updated and filled with natural light, this home offers a comfortable layout ideal for long-term tenants or owner occupancy. - 2016 Peyton Avenue (Rear Unit): A spacious two-story home with a flexible floor plan. The upper level offers 2 bedrooms, 1 bathroom, and a balcony off the living room—perfect for enjoying Burbank’s pleasant climate. The lower level includes bonus space, an unpermitted kitchenette and an unpermitted bathroom, adding versatile options for extended living or guest quarters. The unit also features a two-car garage for added convenience. Both residences have been tastefully remodeled and are meticulously maintained, reflecting true pride in ownership. Whether you're looking to invest or occupy one unit while renting the other, this exceptional property delivers strong rental income potential in a desirable location.

FOR SALE DETAILS

PRICE

$1,120,000 USD

PRICE/SF

$679 USD /SF

# OF UNITS

2

PRICE/UNIT

$560,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,406 SF

ZONING

BUR3*

APN/PARCEL ID

2468-024-007

ASK ABOUT THIS PROPERTY

Judy StevensColdwell Banker Hallmark RealtyMore Info
818-943-8088

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Judy StevensColdwell Banker Hallmark RealtyMore Info
818-943-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.