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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$2,297/sqft
2129 N Pepper Street, Burbank, California 91505
0Bed
0Bath
2,297Sqft
6,753Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: This triplex offers significant cash flow with a combined rental income of approximately $8,300 per month from its main house, JADU, and newly constructed ADU, making it a high-yield asset.
Top Cons:
Age of Original Structure: The main house, built in 1941, may present potential for older systems or maintenance needs not explicitly covered by the listed upgrades, despite the new roof and plumbing.

Compared to the nearby listings

Price:$1.45M vs avg $1.50M ($-45,000)50%
Size:2,297 sqft vs avg 2,609 sqft25%
Price/sqft:$631 vs avg $59350%

More Insights

Built in 1941 (85 years old).
Condition: This triplex property features a newly constructed ADU (2024) and a recently renovated JADU, both showcasing modern kitchens with stainless steel appliances, quartz countertops, and contemporary bathrooms with high-end finishes. The main house, while built in 1941, benefits from a new roof and copper plumbing throughout, addressing major system concerns. Although the main house's kitchen and bathroom have an older aesthetic, they appear well-maintained and functional. The significant new construction and extensive renovations across the majority of the property's living spaces, combined with critical updates to the original structure, place its overall condition in the excellent category.
Year Built
1941
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
BB26007569
Home ConditionExcellent
Features
Patio
View-

About this home

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. Combined rental income aproximatelt. $8300 p/m. 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 440 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 rented previously at $1800 currently vacant. 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. Currently rented at $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.

M
Marije Kruythoff
Listing Agent

Price History

Date
Event
Price
10/14/21
Sold
$779,000
Condition Rating
Excellent
This triplex property features a newly constructed ADU (2024) and a recently renovated JADU, both showcasing modern kitchens with stainless steel appliances, quartz countertops, and contemporary bathrooms with high-end finishes. The main house, while built in 1941, benefits from a new roof and copper plumbing throughout, addressing major system concerns. Although the main house's kitchen and bathroom have an older aesthetic, they appear well-maintained and functional. The significant new construction and extensive renovations across the majority of the property's living spaces, combined with critical updates to the original structure, place its overall condition in the excellent category.
Pros & Cons

Pros

Exceptional Income Potential: This triplex offers significant cash flow with a combined rental income of approximately $8,300 per month from its main house, JADU, and newly constructed ADU, making it a high-yield asset.
Prime Burbank Location: Located on a desirable tree-lined street in the heart of Burbank, minutes from major studios (Warner Bros, Disney), popular amenities (Magnolia Park, Porto's), and within the sought-after Burbank Unified School District.
Extensive Recent Upgrades & Modernization: Features a newly constructed ADU (2024), new roof, copper plumbing throughout, and a paid-off 8-panel solar system, significantly reducing future capital expenditures and enhancing property value.
Versatile Ownership Opportunity: The property offers flexibility for both investors seeking steady rental income and owner-occupants looking to live in one unit while generating substantial income from the others.
Energy Efficiency & Reduced Costs: The paid-off solar system supplying the rear unit and new roof contribute to lower utility expenses and long-term cost savings for the owner.

Cons

Age of Original Structure: The main house, built in 1941, may present potential for older systems or maintenance needs not explicitly covered by the listed upgrades, despite the new roof and plumbing.
Current JADU Vacancy: The JADU is currently vacant, meaning a new owner will experience a temporary dip in the advertised total rental income until a new tenant is secured.
Potential for Parking Constraints: While the front unit has a garage and driveway, the description does not explicitly detail dedicated parking for all three units, which could lead to challenges in a multi-unit property in Burbank.
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