2014-2016 Peyton Ave - Apartments FOR SALE


Burbank, CA 91504- Vega
$1,150,000 USD
818-943-8088
2014-2016 Peyton Ave, Burbank, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

2014-2016 Peyton Ave
Burbank, CA 91504
Vega


OVERVIEW

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 Ave, is a charming single-story home offering two bedrooms, one bathroom and uncovered parking space. The rear residence, 2016 Peyton Ave, 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 an unpermitted kitchenette, bathroom, and flexible bonus space. Additionally, 2016 Peyton Ave 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.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$697 USD /SF

# OF UNITS

2

PRICE/UNIT

$575,000

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 StevensKeller Williams CommercialMore Info
818-943-8088

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Judy StevensKeller Williams CommercialMore Info
818-943-8088

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