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2001 Peyton Ave
Burbank, CA 91504
Huge 500k Reduction! 5.75% Cap & 274k/door · Multifamily Property For Sale
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20 Units
Investment Highlights
- 2001 Peyton Avenue offers a rare, non-rent controlled, 20-unit building in Burbank for just $274,750/door.
- 2001 Peyton Avenue boasts an incredible cap rate of 5.75% & a GRM of 12.51, w/ upside potential to reach a 6.48% cap rate and a 11.3 GRM on proforma.
- Desirable features include a large 19,166 SF lot with ample parking spaces and the opportunity to add two ADUs.
- 14 units have been completely renovated with permits
- Located a half-mile from I-5 and less than two miles from the Ventura County and Antelope Valley commuter rail lines.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
Site Amenities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | $1,545 | 600 |
Property Taxes
| Parcel Number | 2468-016-004 | Improvements Assessment | $2,080,800 |
| Land Assessment | $1,924,740 | Total Assessment | $4,005,540 |
Property Taxes
Parcel Number
2468-016-004
Land Assessment
$1,924,740
Improvements Assessment
$2,080,800
Total Assessment
$4,005,540
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