Active
$1,150,000
2 Units
4 Beds
2 Baths
1,650 Area(sq.ft.)
Lot: 4,406 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,250 | $ 2,250 | $ 2,750 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,835 | $ 2,835 | $ 3,400 |
| 2 | 4 | 2 | $ 5,085 | $ 5,085 | $ 6,150 |
| MLS #: | SR25085768MR |
| Days On Market: | 228 |
| Listing Date: | April 21, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 697 |
| Price per unit: | $ 575,000 |
| Year Built: | 1924 |
Property Details
PRIME BURBANK INVESTMENT PROPERTY WITH DUAL INCOME STREAMS: Presenting two distinct residences on a single lot: 2014 and 2016 Peyton Avenue. Each dwelling boasts independent gas, electricity, and water meters, with tenants responsible for all utilities and waste disposal. Both properties feature central air conditioning and heating for year-round comfort. The front residence, 2014 Peyton Avenue, is a charming single-story home offering two bedrooms, one bathroom, and uncovered parking space. The rear residence, 2016 Peyton Avenue, is a well-maintained two-story structure. The upper-level features two bedrooms, one bathroom, and a balcony accessible from the living room. The lower level includes unpermitted kitchenette, bathroom, and flexible bonus space. Additionally, 2016 Peyton Avenue benefits from a convenient two-car garage. Both homes had been remodeled and meticulously maintained, showcasing pride of ownership. Don't miss this exceptional investment opportunity in a nice Burbank location.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 15,252 |
| Net Operating Income: | $ 45,768 |
Structure
| Community Features: | Street Lights |
| Sewer: | Unknown |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | BUR3* |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Washer Hookup |
| Heating: | Central |
| Fireplace Rooms: | None |
| Laundry: | Washer Hookup |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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