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2014-2016 Peyton Ave 2 Unit Apartment Building $1,095,000 ($547,500/Unit) 3.68% Cap Rate Burbank, CA 91504
INVESTMENT HIGHLIGHTS
- Pride of ownership two single family homes located in Burbank
- Vacant unit has an unpermitted kitchenette and bathroom and could be converted to an ADU or a guest unit
- Upstairs unit has high ceilings and balcony
- One unit is currently vacant for potential owner/user
- Both units have central air and have been tastefully remodeled
EXECUTIVE SUMMARY
Equity Union Commercial is proud to represent this duplex in Burbank.
The building was constructed in 1924. Its unit mix consists of (2) 2+1 units. With a lot size of 4,406 square feet, the property has a total of 1,650 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.
The building was constructed in 1924. Its unit mix consists of (2) 2+1 units. With a lot size of 4,406 square feet, the property has a total of 1,650 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,095,000 | Apartment Style | Low-Rise |
| Price Per Unit | $547,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 3.68% | Building Size | 1,650 SF |
| Gross Rent Multiplier | 17.63 | No. Stories | 2 |
| No. Units | 2 | Year Built | 1924 |
| Property Type | Multifamily | Parking Ratio | 3/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | BUR3* - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price | $1,095,000 |
| Price Per Unit | $547,500 |
| Sale Type | Investment |
| Cap Rate | 3.68% |
| Gross Rent Multiplier | 17.63 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 1,650 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 3/1,000 SF |
| Zoning | BUR3* - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (72)
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2014-2016 Peyton Ave
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