$1,450,000
PENDING

Estimated payment $8,253/month

Total Views 34,337
4 Beds
3 Baths
2,297 Sq Ft
$631 Price per Sq Ft

Highlights

  • Open Floorplan
  • High Ceiling
  • No HOA
  • Providencia Elementary School Rated A-
  • Granite Countertops
  • 3-minute walk to Larry L. Maxam Memorial Park

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.

Listing Agent

Marije Kruythoff

Redfin Corporation License #01969880 Listed on: 01/15/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 2,297 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Six Burner Stove
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12519
  • Assessor Parcel Number 2463006005
  • $185 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $500
  • Water Sewer Expense $800
  • Operating Expense $2,100
  • Gross Income $99,600
  • Net Operating Income $99,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

6,753 Sq Ft Lot

Parking

1

Listing Details

  • Inclusions: Cabinets, Lighting Fixtures, Solar power system, Window & door screens, Window Covering, Attached Floor Coverings
  • Property Attached: No
  • Water Sewer Expenses: 800.00
  • Zoning: BUR1YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2463006005
  • Year Built: 1941
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Partial, High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 631.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Water Heater, Microwave, Tankless Water Heater
  • Laundry Features: Inside, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Back Yard
  • Lot Size Sq Ft: 6753.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 99600.00
  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6753.0000 Square Feet
  • Net Operating Income: 99600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Expenses: 2100.00

Tax Info

  • Tax Census Tract: 3111.00
  • Tax Lot: 5
  • Tax Tract Number: 12519
  • TaxOtherAnnualAssessmentAmount: 185.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,390 $826,679 $661,344 $165,335
2024 $9,080 $810,471 $648,377 $162,094
2023 $8,983 $794,580 $635,664 $158,916
2022 $8,574 $779,000 $623,200 $155,800
2021 $1,880 $155,712 $103,190 $52,522
2019 $1,807 $151,095 $100,130 $50,965
2018 $1,743 $148,133 $98,167 $49,966
2016 $1,649 $142,383 $94,356 $48,027
2015 $1,617 $140,245 $92,939 $47,306
2014 $1,622 $137,499 $91,119 $46,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2026 01/15/26 For Sale $1,450,000 +86.1% $631 / Sq Ft
01/14/2026 01/14/26 Pending -- -- --
10/14/2021 10/14/21 Sold $779,000 +3.9% $906 / Sq Ft View Prior Sale
09/21/2021 09/21/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $749,850 -- $872 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Staker Kevin G
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $324,000 Fannie Mae Freddie Mac
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB26007569

California Regional Multiple Listing Service (CRMLS)

APN: 2463-006-005

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