For Sale

Listed by Armin Soleimani and Julio C Ruiz from Global Major Properties

Source: Combined LA Westside Multiple Listing Service, Inc #23283639

1/2001 Peyton Avenue, Burbank, CA, 91504

$5,750,000

20
20
9232 sq. ft.
19166 sq. ft.

Other

30+ days on the market

What's around 1/2001 Peyton Avenue

About this property

This is an excellent opportunity to invest in a rare non-rent controlled 20-unit building in the prime Burbank area, priced at only $287k per door for renovated units. The property boasts an incredible current cap rate of 5.1% and a GRM of 13.8 with upside potential to reach a 6.1% cap rate and a 11.9 GRM on proforma. 12 fully renovated vacancies with permits offering substantial value-add opportunities for any forward-thinking investor. Additionally, the large lot size of approximately 19,166 SF provides ample parking spaces as well as potential for future upside by adding multiple ADUs (Accessory Dwelling Units). Non-LA-City rent-controlled asset allowing significant 8.8% annual rent increases (5%+CPI) for future upside. All vacancies have been completely renovated with permits and boast a high-end aesthetic with new cabinets, flooring, modern lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Amenities include a renovated courtyard with seating areas and a fire pit, on-site laundry facilities, and parking for convenience. Prime Burbank location just minutes away from media giants such as Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall.

Looking for more information on 1/2001 Peyton Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$525,000
1901 Peyton Avenue
Burbank CA 91504
2
2
Other
Listing courtesy of RE/MAX Empower
For Sale
$2,000,000
2250 North Frederic Street
Burbank CA 91504
8
4
5
Other
Listing courtesy of Keller Williams Studio City
For Sale
$4,815,000
1814 Grismer Avenue
Burbank CA 91504
14
16
Other
Listing courtesy of Marcus & Millichap

Other properties for sale by Global Major Properties

For Sale
$3,395,000
6068 Atlantic Avenue
Long Beach CA 90805
12
12
13
Other
Listing courtesy of Global Major Properties
For Sale
$3,695,000
5151 South Vermont Avenue
Los Angeles CA 90037
8
21
25
Other
Listing courtesy of Global Major Properties
For Sale
$4,250,000
1344 W 4th St
Los Angeles CA 90017
20
Other
Listing courtesy of Global Major Properties

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent