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2129 N Pepper Street, Burbank, California 91505, Burbank, 91505 - 5 bed, 4 bath

2129 N Pepper Street, Burbank, California 91505 home-pic-0
ACTIVE$1,450,000
2129 N Pepper Street, Burbank, California 91505
5Beds
4Baths
2,297Sqft
6,753Lot
Year Built
1941
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
BB25224818
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.45M(80th), sqft - 2297(91th), beds - 5(97th), baths - 4(95th).

Welcome home to 2129 N Pepper Street. This stunning property sits on a generous 6,753 sqft lot and offers an exceptional opportunity for both investors and owner-occupants—a rare gem on a beautiful tree-lined street in the heart of Burbank. MAIN HOUSE + JADU + ADU. Whether you’re looking to live in one unit and rent the other one or expand your portfolio with a high-yield asset, this property delivers flexibility, income potential, and long-term value. The front unit is the original home: a 2-bedroom, 1-bath layout spanning 860 sqft, currently leased at market rent for $2,900/month, providing immediate income. It features a private fenced back patio, front yard, 1-car garage, and 2-car driveway. Attached is a newer, separately accessible 400 sqft 1-bedroom, 1-bath JADU. This thoughtfully designed, with its own entrance, fenced private patio, in-unit laundry, and modern split A/C system. Towards the rear, you’ll find a fully detached, newly constructed FULL Accessory Dwelling Unit (ADU), built in 2024. This spacious 997 sqft home includes 2 bedrooms, 2 baths, and contemporary finishes throughout. The ADU also offers a fenced private patio. Like the middle unit, it will be delivered vacant, with an estimated rental potential of $3,500/month. Together a total 2,297 permitted sqft. The property includes a paid-off 8-panel solar system on a power purchase agreement, supplying power to the rear unit, adding efficiency and reducing utility expenses. A new roof and copper plumbing throughout offer added value and peace of mind for the next owner. The location is unbeatable—minutes from Magnolia Park’s boutiques and cafés, Porto’s Bakery, Costco, and the Empire Center. It’s less than ten minutes to Warner Bros, Disney Studios, and vibrant Downtown Burbank, just north of Magnolia Boulevard and the Chandler Bike Path, within the sought-after Burbank Unified School District. Whether you’re looking to plant roots or collect steady rental income in one of LA’s most desirable neighborhoods, 2129 N Pepper Street is a rare, move-in-ready opportunity that checks every box.

Price History

Date
Event
Price
09/24/25
Listing
$1,450,000
Condition Rating
Excellent
This property, despite its 1941 original build year, features a newly constructed ADU (2024) and a newer JADU, both boasting contemporary finishes, modern appliances, and updated systems like split A/C. The entire property benefits from significant recent upgrades including a new roof, copper plumbing throughout, and a paid-off solar system. While the main house's kitchen and some interior elements show an older style with tiled floors and a non-stainless steel range, it appears well-maintained and functional. The substantial new construction and major system renovations across the entire property, particularly the modern kitchens and implied updated bathrooms in the ADU/JADU, elevate the overall condition to excellent, meeting current quality standards with minimal depreciation.
Pros & Cons

Pros

Exceptional Income Potential & Flexibility: The property features a main house, a JADU, and a newly constructed ADU (2024), offering significant rental income ($2,900/month from main house, $3,500/month estimated from ADU) and versatile living arrangements for owner-occupants or investors.
Prime Burbank Location: Situated on a desirable tree-lined street in Burbank, minutes from major studios (Warner Bros, Disney), popular amenities (Magnolia Park, Porto's Bakery, Costco), and within the sought-after Burbank Unified School District.
Significant Recent Upgrades & Modern Amenities: Includes a brand new (2024) ADU with contemporary finishes, a newer JADU with split A/C, a new roof, copper plumbing throughout, and a paid-off 8-panel solar system, ensuring low maintenance and energy efficiency.
Generous Lot Size & Private Outdoor Spaces: The 6,753 sqft lot provides ample space, and each unit benefits from its own private fenced patio, enhancing tenant appeal and quality of life.
Turnkey Investment/Owner-Occupant Opportunity: With one unit already leased and the JADU/ADU delivered vacant, the property offers immediate income generation and flexibility for a new owner to move into a unit while collecting rent from others.

Cons

Age and Potential Disparity in Main House Finishes/Amenities: While the ADU and JADU are newer/modern, the original 1941 main house's interior finishes and amenities (e.g., lack of explicit central A/C mentioned, unlike the JADU) might not be as updated or appealing as the newer units, potentially requiring future investment.
Potential Parking Constraints for Multiple Units: The description mentions a 1-car garage and 2-car driveway for the main house. With three separate units, parking for the JADU and ADU tenants is not explicitly detailed, which could lead to on-street parking reliance or competition for spaces.
Increased Management Overhead: Operating a property with three distinct rental units (main house, JADU, ADU) inherently involves more administrative tasks, tenant relations, and maintenance coordination compared to a single-family residence.

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