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

2129 N Pepper Street, Burbank, California 91505 home-pic-0
ACTIVE$1,450,000
2129 N Pepper Street, Burbank, California 91505
0Bed
0Bath
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
BB25224817
Home ConditionGood
Features
Patio
View-

About this home

Great Deal:The estimated price is 9% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.45M(60th), sqft - 2297(50th), beds - undefined(50th), baths - undefined(50th).

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
Good

This property is a triplex with varying conditions across its units, but overall, it presents as 'good.' The newly constructed ADU (2024) is in excellent condition with contemporary finishes, including a modern kitchen with gray shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting. The JADU is also described as 'newer' and appears to be in very good condition with modern amenities like a split A/C system. The original main house, built in 1941, has an older, more traditional interior with tile flooring in the kitchen and dining area, and a less updated kitchen. However, 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 interior is dated, it is functional and rentable, and the major system updates elevate the overall property condition. The property is move-in ready, with substantial portions being new or recently renovated, and major systems are well-maintained and within expected lifespans.
Pros & Cons

Pros

High Income Potential: Property configured as a triplex (Main House + JADU + ADU) with existing rental income and significant projected income from the vacant ADU, offering substantial cash flow.
Prime Burbank Location: Situated on a desirable tree-lined street in Burbank, minutes from major studios, entertainment hubs, popular amenities, and within the sought-after Burbank Unified School District.
Extensive Recent Upgrades & New Construction: Features a newly constructed ADU (2024), a newer JADU, a new roof, copper plumbing throughout, and a paid-off solar system, minimizing immediate capital expenditures.
Versatile Investment Opportunity: Ideal for both owner-occupants seeking to offset mortgage costs with rental income and investors looking for a high-yield, multi-unit asset in a strong rental market.
Energy Efficiency & Modern Comforts: Includes a paid-off solar system for reduced utility costs and modern amenities like split A/C in the JADU and contemporary finishes in the new ADU.

Cons

Age of Original Main House: The primary structure dates back to 1941, which, despite significant upgrades, may still present challenges related to older infrastructure or design compared to fully new construction.
Increased Management Complexity: Operating a triplex requires more intensive tenant management, maintenance coordination, and administrative effort compared to a single-family residence.
Potentially Limited Shared Outdoor Space: While each unit has a private patio, the overall lot size divided among three units might result in smaller individual outdoor areas and potentially limited communal green space.

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