2014 Peyton Avenue, Burbank, California 91504, Burbank, 91504 - bed, bath

ACTIVE$1,095,000
2014 Peyton Avenue, Burbank, California 91504
0Bed
0Bath
1,650Sqft
4,406Lot
Year Built
1924
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$664
HOA
-
Days on market
-
Sold On
-
MLS number
SR25273185
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.09M(25th), sqft - 1650(50th), beds - undefined(50th), baths - undefined(50th).
We are 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.
Price History
Date
Event
Price
12/09/25
Listing
$1,095,000
03/04/22
Sold
$1,250,000
10/28/15
Sold
$685,000
02/27/15
Sold
$515,000
12/02/05
Sold
$733,000
Condition Rating
Fair
This duplex, built in 1924, is 100 years old. While some cosmetic updates are evident, such as the modern bathroom with granite countertops and tiled shower in one unit, and newer laminate flooring in another, the property has not undergone a full, comprehensive renovation. The second unit features hardwood floors and vaulted wood-paneled ceilings, which, while clean, reflect an older aesthetic. The kitchen in the second unit appears dated with traditional wood cabinets and older appliances. Crucially, the property analysis highlights its 'Advanced Age & Potential for Capital Expenditures' for major systems like plumbing, electrical, and HVAC, indicating these are likely original or very old and not recently updated. The property is maintained and livable, but its significant age and the piecemeal nature of renovations mean it requires minor updates and its major systems are functional but outdated.
Pros & Cons
Pros
Premier Burbank Location: Situated in Burbank, a highly desirable 'media capital of the world' rental market, ensuring strong tenant demand and low vacancy rates due to proximity to major studios (Disney, Warner Bros., NBC).
Income-Generating Duplex: Offers immediate cash flow potential with two 2-bedroom, 1-bathroom units, ideal for investors seeking a stable residential income property.
Exceptional Connectivity & Local Amenities: Benefits from easy access to major freeways (I-5, CA-134) and the Burbank Metro Link, complemented by a vibrant local scene featuring numerous restaurants, shops, and entertainment options.
Access to Top-Ranked Schools: Located within a district known for top-ranked schools, enhancing its appeal to families and contributing to long-term tenant retention and property value stability.
Demonstrated Property Appreciation: Historical sales data indicates significant value growth over time, highlighting the property's strong investment potential in a robust and appreciating market.
Cons
Advanced Age & Potential for Capital Expenditures: Constructed in 1924, the property is nearly 100 years old, likely requiring substantial investment for system updates (e.g., plumbing, electrical, HVAC) and modernization to attract and retain premium tenants.
Limited Unit Mix: The property's configuration of only two 2-bedroom, 1-bathroom units offers limited flexibility in catering to a broader tenant demographic or optimizing rental income through diverse unit types.
Modest Lot Size: A lot size of 4,406 square feet provides limited outdoor space for tenants and may restrict future expansion opportunities or the addition of value-enhancing amenities.


























