2005 Peyton Avenue

Burbank, CA 91504

$2,188,888
Price
4
Beds
5
Baths
3,193 Sq. Ft.
$686 / Sq. Ft.
3,193
Sq. Ft.
$686
per Sq. Ft.

Description

A prime opportunity for investors! Welcome to this exceptional property in Burbank, boasting five units on a sprawling 14,349 sq ft flat lot, with a generous 3,193 sq ft of living space. Comprising a two-bedroom house, two single units, and two one-bedroom units, this listing offers versatility and potential. The expansive lot provides ample space for multiple vehicles, a sizable yard, and flourishing fruit trees, creating a tranquil oasis in the heart of Burbank. Enjoy the convenience of excellent...A prime opportunity for investors! Welcome to this exceptional property in Burbank, boasting five units on a sprawling 14,349 sq ft flat lot, with a generous 3,193 sq ft of living space. Comprising a two-bedroom house, two single units, and two one-bedroom units, this listing offers versatility and potential. The expansive lot provides ample space for multiple vehicles, a sizable yard, and flourishing fruit trees, creating a tranquil oasis in the heart of Burbank. Enjoy the convenience of excellent public transportation and the proximity to shopping, schools, and restaurants, all within walking distance. With its myriad possibilities, including potential future development opportunities, this property is truly an investor's dream. Explore the endless potential and possibilities.
  1. Listed by Ramin Favakehi • DRE #01006682 • Brokerage DRE #01006682 • Ramin Favakehi, Broker • 949-929-2630

Property Details for 2005 Peyton Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3193
Assessor Parcel Number
2468-016-028
Property Attached YN
true

Location

Listing Courtesy of Ramin Favakehi, Broker, Ramin Favakehi, DRE #01006682
Add your commute
LISTING UPDATED: 04/16/2024 10:40 PM

Property Details for 2005 Peyton Avenue

StatusActive
MLS #OC24072208
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
CountyLos Angeles County

Location

Listing Courtesy of Ramin Favakehi, Broker, Ramin Favakehi, DRE #01006682
Add your commute

Building Information for 2005 Peyton Avenue

Building/Complex2005 Peyton AveFloor-Stories1Residences-Pet Policy-Year Built1935Building Size-

Payment Calculator

$13,530 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,946

Property Taxes

$1,584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2005 Peyton Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $102,600
  • Gross Scheduled Income: $102,600
  • Gross Operating Income: $31,961
  • Net Operating Income: $70,639
  • Number Of Rented Garages: 1
  • Garage Rental Rate: $50
  • Garage Income: $50
Expense Details
  • Operating Expense: $31,961
  • New Taxes Expense: $27,361
  • Gardener Expense: $1,440
  • Fuel Expense: $0
  • Pest Control Expense: $480
  • Insurance Expense: $1,600
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,080
  • Total Expenses: $31,961
Tax / Assessment Info
  • Tax Tract Number: 4987
  • Tax Census Tract: 3106.01
  • CFD/Mello-Roos Fee: $794
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,450
  • Unit Type Total Rent: $2,450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 2005 Peyton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2005 Peyton Avenue

Taxable ValueLand$658,153Additions$987,232Total$1,645,385
Tax Record2023$19,014 ($1,584 / month)
Home Facts
Total Finished SqFt3,193 SqFtAbove Grade Finished SqFt3,193 SqFtLot Size14,348 SqFtStyleMulti-Family Res (5+ Units)Year Built1935ZoningBUR4*CountyLOS ANGELESAPN2468-016-028

Schools near 2005 Peyton Avenue

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George Washington Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

Burbank High School
Public9 to 12

Monterey High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2005 Peyton Avenue is a multi-family home for sale in Burbank, CA 91504. This property was listed for sale on April 17, 2024 by Ramin Favakehi, Broker, it's currently listed at $2,188,888. It has been on the market for a total of 14 days and was last sold on July 29, 2016. This listing's school district is Burbank Unified School District. Nearby schools include George Washington Elementary School, Luther Burbank Middle School and Burbank High School. 2005 Peyton Avenue is a 4-bed, 5-bath, 3,193 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ramin Favakehi, Broker, Ramin Favakehi, DRE #01006682

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.