2129 N Pepper Street, Burbank, CA 91505 (MLS # BB25087103)

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View Virtual Tour PRICE $1,600,000 BEDS 5 BATHS 4 HOME SIZE 2,297 sqft LOT SIZE 6,752 sqft Request More Info Schedule a Showing

Welcome home to 2129 N Pepper Street. This stunning 3 Unit 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. Whether you’re looking to live in one unit and rent the others 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 brand-new, separately accessible 1-bedroom, 1-bath addition. Though technically part of the main house on title, this thoughtfully designed 440 sqft unit feels independent, with its own entrance, fenced private patio, in-unit laundry, and modern split A/C system. It’s vacant and ready to generate an estimated $1,900/month. Toward the rear, you’ll find a fully detached, newly constructed Accessory Dwelling Unit (ADU), built in 2024. This spacious 997 sqft home includes 2 bedrooms, 2 full 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, these three units total 2,297 permitted sqft and offer a combined projected monthly income of up to $8,300. The property includes a paid-off 8-panel solar system 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.