Active
$1,550,000
3 Units
5 Beds
4 Baths
2,297 Area(sq.ft.)
Lot: 6,753 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,900 | $ 2,900 | $ 2,900 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,900 | $ 1,900 | $ 1,900 |
| Unit 3 | 1 | 2 | 2 | Yes | $ 3,500 | $ 3,500 | $ 3,500 |
| 3 | 5 | 4 | $ 8,300 | $ 8,300 | $ 8,300 |
| MLS #: | BB25119695MR |
| Days On Market: | 240 |
| Listing Date: | June 10, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 675 |
| Price per unit: | $ 516,667 |
| Year Built: | 1941 |
Property Details
Welcome home to 2129 N Pepper Street. This stunning 3 Unit property sits on a generous 6,753 sqft lot and offers an exceptional opportunity for both investors and owner-occupants a rare gem on a beautiful tree-lined street in the heart of Burbank. Whether you re looking to live in one unit and rent the others or expand your portfolio with a high-yield asset, this property delivers flexibility, income potential, and long-term value. The front unit is the original home: a 2-bedroom, 1-bath layout spanning 860 sqft, currently leased at market rent for $2,900/month, providing immediate income. It features a private fenced back patio, front yard, 1-car garage, and 2-car driveway. Attached is a brand-new, separately accessible 1-bedroom, 1-bath addition. Though technically part of the main house on title, this thoughtfully designed 440 sqft unit feels independent, with its own entrance, fenced private patio, in-unit laundry, and modern split A/C system. It s vacant and ready to generate an estimated $1,900/month. Toward the rear, you ll find a fully detached, newly constructed Accessory Dwelling Unit (ADU), built in 2024. This spacious 997 sqft home includes 2 bedrooms, 2 full baths, and contemporary finishes throughout. The ADU also offers a fenced private patio. Like the middle unit, it will be delivered vacant, with an estimated rental potential of $3,500/month. Together, these three units total 2,297 permitted sqft and offer a combined projected monthly income of up to $8,300. The property includes a paid-off 8-panel solar system supplying power to the rear unit, adding efficiency and reducing utility expenses. A new roof and copper plumbing throughout offer added value and peace of mind for the next owner. The location is unbeatable minutes from Magnolia Park s boutiques and cafs, Porto s Bakery, Costco, and the Empire Center. It s less than ten minutes to Warner Bros, Disney Studios, and vibrant Downtown Burbank, just north of Magnolia Boulevard and the Chandler Bike Path, within the sought-after Burbank Unified School District. Whether you re looking to plant roots or collect steady rental income in one of LA s most desirable neighborhoods, 2129 N Pepper Street is a rare, move-in-ready opportunity that checks every box.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 2,100 |
| Net Operating Income: | $ 99,600 |
Structure
| Community Features: | Park, Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR1YY |
| Land Lease Type: | Fee |
Interior
| Cooking Appliances: | Microwave |
| Equipment: | Gas Dryer Hookup, Inside, Microwave |
| Laundry: | Gas Dryer Hookup, Inside |
Exterior
| Pool: | No |
Detailed Map
Schools
Find a great school for your child
Income
