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2005 Peyton Ave

5 Unit Block of Flats £1,501,019 (£300,204/Unit) 3.78% Net Initial Yield Burbank, CA 91504

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Investment Highlights

Flat 14352 SQFT lot, Zoned BUR4, Opportunities for development of a multi family/Condominium development project.
Great Area of Burbank, Opportunity of collection of Hight rental rates with minimal modification to existing units.

High possibility of addition of ADU'S, Prospects to check with City of Burbank for requirem.

Executive Summary

INCREDIBLE NORTH BURBANK LOCATION, THIS COULD BE AN INVESTMENT OF LIFETIME!
An Exceptional Investment Opportunity to own 5 bungalow style units3`, 3,193 SQFT of existing living space which consist of a two-bedroom house, two single units, and two one-bedroom units, fully occupied property with month-to-month tenancy, The expansive 14,342 SQFT lot provides ample space for multiple vehicle parking and a tranquil oasis with lots of fruit trees in the heart of Burbank, Zoned BUR4 which offers a huge upside potential for development of a new multi-family apartment building or a condominium project. Burbank is and will most likely always be one of the highest demands, small self-incorporated cities in L.A. EZ freeway access to everywhere, multiple studios within miles, it attracts great demand and dictates high rents. Good quiet, yet EZ to access location. Property offers a huge upside potential of adding ADU units, Garage conversion to an ADU unit and rental rate increase with moderate upgrading of the units, this property is truly an investor's dream.

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
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 - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

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	£1,501,019	Apartment Style	Low Rise
Price Per Unit	£300,204	Building Class	C
Sale Type	Investment	Lot Size	0.33 AC
Net Initial Yield	3.78%	Building Size	3,193 SF
Sale Conditions	1031 Exchange	Average Occupancy	100%
Gross Rent Multiplier	18.5	Number of Floors	1
No. Units	5	Year Built	1935
Property Type	Residential	Parking Ratio	0.93/1,000 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential

Price	£1,501,019
Price Per Unit	£300,204
Sale Type	Investment
Net Initial Yield	3.78%
Sale Conditions	1031 Exchange
Gross Rent Multiplier	18.5
No. Units	5
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.33 AC
Building Size	3,193 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1935
Parking Ratio	0.93/1,000 SF

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	1	£1,936	-
1+1	2	£1,343	-
Studios	2	£1,067	-

1 of 1

Walk Score ®

Very Walkable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	2468-016-028	Improvements Assessment	£794,504 (2024)
Land Assessment	£529,668 (2024)	Total Assessment	£1,324,172 (2024)

PROPERTY TAXES

Parcel Number

2468-016-028

Land Assessment

£529,668 (2024)

Improvements Assessment

£794,504 (2024)

Total Assessment

£1,324,172 (2024)

zoning

Zoning Code	R4, Burbank (Zoned BUR4. BUR4 zoning offers a huge upside potential for development of a new multi-family apartment building or a condominium project.)
R4, Burbank (Zoned BUR4. BUR4 zoning offers a huge upside potential for development of a new multi-family apartment building or a condominium project.)