Bigtown Homes

2001 Peyton Avenue Burbank

The price of 2001 Peyton Avenue, Burbank

The current listing price of 2001 Peyton Avenue is $5,995,000, according to data from Julio Ruiz, and the Burbank Real Estate Board. The property’s value is influenced by several factors, including location, lot size, house condition, and the overall health of the Burbank real estate market. According to the local appraiser in Burbank, the property value in has seen a steady increase year-on-year, driven by low supply and high demand for homes.

What is the square footage of 2001 Peyton Avenue?

The total square footage of 2001 Peyton Avenue is approximately SQ FT. This figure includes both the living area and any additional structures, such as a garage or finished basement. Larger homes in , tend to have an average size of 2,000 to 4,000 square feet, according to the Burbank Real Estate Board. The square footage significantly impacts the property’s value, as larger homes are highly sought after in this suburban area.

How many bedrooms are at 2001 Peyton Avenue?

The total number of bedrooms at 2001 Peyton Avenue is . This figure includes both the main floor and any additional floors, such as a basement or loft. The number of bedrooms significantly impacts the property’s value, as 3+ bedroom homes are highly sought after in this suburban area.

When was 2001 Peyton Avenue listed?

2001 Peyton Avenue was last listed on Jan 9, 2025, as verified by the Burbank Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

2001 Peyton Avenue, Burbank is a residential property located in , one of the suburbs of Burbank. The property stands out due to its proximity to various amenities, including schools, parks, and public transportation routes, which add significant value to the neighborhood. According to data from the Burbank Real Estate Board, properties in this area are highly sought after due to their large lot sizes, access to amenities, and convenient commute to downtown Burbank.

What are the features of 2001 Peyton Avenue?

The features of 2001 Peyton Avenue include its structure, typical of many homes in the region. The property size is another significant factor, with many homes in this area boasting large square footage and spacious backyards. Real estate appraisers and experts, like those at Zoocasa, have highlighted the increased demand for properties with large lots and units in the Greater Burbank Area, particularly in suburban areas like . These attributes make the property desirable for families looking for both space and convenience.

When was 2001 Peyton Avenue listed?

2001 Peyton Avenue was last listed on Jan 9, 2025, as verified by the Burbank Real Estate Board’s Multiple Listing Service (MLS) . Properties in this area often get listed and sold within 60 to 90 days, particularly when the housing market is strong and mortgage rates are favorable.

Who is the real estate agent for 2001 Peyton Avenue, Burbank ?

The real estate agent representing 2001 Peyton Avenue is Julio Ruiz, a licensed realtor in Burbank, affiliated with Global Platinum Properties, Inc.. This realtor specializes in properties and has extensive experience with homes and luxury properties in . According to the Burbank Real Estate Board, it is essential to engage experienced realtors in regions like due to the nuanced real estate trends affecting the area.

Why is the listing at 2001 Peyton Avenue important?

The listing for 2001 Peyton Avenue provides potential buyers with detailed insights into the property’s attributes. As noted by Burbank real estate expert Richard Evanns, properties in this area are known for their spacious interiors, proximity to top-ranked schools, and low crime rates, all of which influence market desirability. The Burbank Real Estate Board regularly updates its database, ensuring that the listings reflect the most current market data, including price changes and open house schedules.

What are the nearby schools for 2001 Peyton Avenue?

Families considering a move to 2001 Peyton Avenue will find several top-rated schools in the vicinity. According to the Burbank District School Board, daycares, schools and high schools are highly regarded for their academic programs. Additionally, the Burbank District School Board has highlighted the area for its strong community involvement and extracurricular activities, which further enhance the appeal of homes like 2001 Peyton Avenue for families with school-aged children.

How accessible is public transportation from 2001 Peyton Avenue?

Public transportation options near 2001 Peyton Avenue include multiple bus routes that connect directly to Burbank’s subway system. Laura Rubio-Cornejo, the head of transportation for the City of Burbank, has emphasized the importance of transit accessibility for suburban properties. She notes that homes within 500 meters of a public transit route, like 2001 Peyton Avenue, tend to have a higher walkability score, contributing to property value appreciation over time.

What is the property tax for 2001 Peyton Avenue?

The annual property tax for 2001 Peyton Avenue is determined by the City of Burbank’s property tax assessment. According to John W. Weldon, a real estate analyst for the City of Burbank, property taxes in are influenced by the market value of the home, its location, and its size. The tax rate for properties typically ranges from 0.6% to 1% of the assessed value, making it competitive with other suburban regions of Burbank.

What amenities are near 2001 Peyton Avenue?

The amenities near 2001 Peyton Avenue include parks, shopping centers, and fitness facilities, all of which are key considerations for potential buyers. The urban planner with the City of Burbank, has identified local attraction as important environmental features that attract families and outdoor enthusiasts to the area. In addition to parks, there are several local grocery stores and restaurants within a short drive, adding to the overall convenience of the location.

What recreational facilities are available near 2001 Peyton Avenue?

In addition to the parks mentioned above, residents of 2001 Peyton Avenue have access to ‘s parks and recreation centers. According to Burbank Parks and Recreation, these facilities offer a wide range of sports programs and community events that cater to all age groups, making the neighborhood an ideal choice for families seeking an active lifestyle.

By covering all these aspects in detail, this article provides a thorough overview of the property at 2001 Peyton Avenue, Burbank and its surrounding neighborhood, reflecting the most important factors that influence property value and desirability in the Burbank real estate market.

To book a showing use the Form on the right hand side below, to see this property immediately before it sells.

2001 Peyton Avenue
Burbank
$5,995,000
Beds
0 Baths
SqFt
0.44 Acres
Add
Add
$5,995,000
2001 Peyton Avenue
Burbank, CA, 91504
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2001 Peyton Avenue Burbank Features

Price:
$5,995,000
MLS #:
25479303
Status:
Active
Baths:
0
Address:
2001 Peyton Avenue
Type:
Residential Income
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Jan 9, 2025
State:
CA
ZIP:
91504
Lot Size:
19,166 sqft / 0.44 acres (approx)
Year Built:
1960

Schools near 2001 Peyton Avenue

Interior of 2001 Peyton Avenue

Appliances
Refrigerator
Flooring
Laminate
Heating
Wall Furnace

2001 Peyton Avenue Exterior Info

Parking Features
Assigned, Uncovered
Parking Spots
20.00
Stories Total
2

Financial

2001 Peyton Avenue listing information

This is an excellent opportunity to invest in a rare non-rent-controlled 20-unit building (95% occupied) in the prime Burbank area, priced at only $299k per door for renovated units. The property boasts an incredible current 5.25% Cap Rate and 13.2 GRM with upside potential to reach a 5.7% cap rate and 12.4 GRM on proforma. Notably, there are Preliminary Plans for 8 Detached ADUs over the open parking lot in the back that offers exceptional future upside potential. 16 fully renovated units and 1 partially remodeled unit offer promising long-term value for any forward-thinking investor. Additionally, the large lot size of approximately 19,166 SF provides ample parking spaces, and there is potential for future upside by adding multiple ADUs (Accessory Dwelling Units). Non-LA-City rent-controlled asset allowing significant 8.9% annual rent increases (5%+CPI) for future upside. 16 units have been completely renovated with permits (1 vacant) 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 is just minutes away from media giants such as Warner Bros Studios, Walt Disney studios, and Burbank Town Center Shopping Mall.

Map of 2001 Peyton Avenue


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2001 Peyton Avenue
Burbank, CA
Accessibility
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