2014-2016 Peyton Ave - Apartments FOR SALE


Burbank, CA 91504- Vega
$1,095,000 USD
818-640-4360
2014-2016 Peyton Ave, Burbank, CA for Sale
$1,095,000 USD
Apartments - FOR SALE
1/28
null | 3.68% Cap Rate

2014-2016 Peyton Ave
Burbank, CA 91504
Vega


HIGHLIGHTS

  • Pride of ownership two single family homes located in Burbank
  • One unit is currently vacant for potential owner/user
  • Vacant unit has an unpermitted kitchenette and bathroom and could be converted to an ADU or a guest unit
  • Both units have central air and have been tastefully remodeled
  • Upstairs unit has high ceilings and balcony

OVERVIEW

Equity Union Commercial is proud to represent this duplex in Burbank. The building was constructed in 1924. Its unit mix consists of (2) 2+1 units. With a lot size of 4,406 square feet, the property has a total of 1,650 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$664 USD /SF

# OF UNITS

2

PRICE/UNIT

$547,500

CAP RATE

3.68%

% 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

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,406 SF

ZONING

BUR3*

APN/PARCEL ID

2468-024-007

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union CommercialMore Info
818-640-4360

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Cindy HillEquity Union CommercialMore Info
818-640-4360

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