'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
115 Total Sales
2 in Northwest District
$1.1M - $1.2M Price Range
2129 N Pepper St Burbank, CA 91505
Northwest District NeighborhoodEstimated Value: $1,344,524
4
Beds
3
Baths
2,297
Sq Ft
$585/Sq Ft
Est. Value
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
As of April 2026Welcome 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.
Last Agent to Sell the Property
Marije Kruythoff
Redfin Corporation License #01969880 Listed on: 01/15/2026
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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 in unit
- 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
Amenities
- Laundry Facilities
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2026
Closed on
Apr 3, 2026
Sold by
Simon Hannouche
Bought by
Seller's Agent
Marije Kruythoff
Redfin Corporation
Buyer's Agent
Eduard Ter-Osipyan
The Art In Real Estate
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%
Views
296
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,476
Avg. Annual Appreciation
-4.37%
Original Mortgage
$370,000
Outstanding Balance
$368,510
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$976,014
Purchase Details
Closed on
Jun 27, 2025
Sold by
Hannouche Trust and Hannouche Samir Simon
Bought by
Hannouche Samir Simon
Purchase Details
Closed on
Jun 17, 2022
Sold by
Hannouche Samir Simon and Hannouche Rasha
Bought by
Hannouche Trust and Hannouche
Purchase Details
Listed on
Sep 14, 2021
Closed on
Oct 1, 2021
Sold by
Proper Cheryl L Sheesley Malone Separate
Bought by
Sannouche Samir Simon and Hannouche Rasha
Seller's Agent
Penny Applegate
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$749,850
Sold Price
$779,000
Premium/Discount to List
$29,150
3.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$584,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2008
Sold by
Malone Cheryl Sheesley
Bought by
Malone Cheryl L Sheesley and Cheryl L Sheesley Malone Separate Proper
Purchase Details
Closed on
May 18, 2006
Sold by
Malone Leonard and Malone Cheryl Sheesley
Bought by
Malone Cheryl Sheesley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northwest District, CA
-
'Vic' Vartan Markarian
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
1 in Northwest District
$928,000 Price
-
Kate Christiansen
Kate Christiansen
Equity Union
(661) 347-2167
167 Total Sales
1 in Northwest District
$1,100,000 Price
-
Tigran Ghazaryan
Tigran Ghazaryan
Groves Capital, Inc.
(424) 283-8862
10 Total Sales
1 in Northwest District
$837,500 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
1 in Northwest District
$980,000 Price
-
Shaun Jones
Shaun Jones
eXp Realty of California Inc
(805) 424-8239
62 Total Sales
1 in Northwest District
$875,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,370,000 | Rocket Close | ||
| Hannouche Samir Simon | -- | None Listed On Document | |
| Hannouche Trust | -- | Staker Kevin G | |
| Sannouche Samir Simon | $779,000 | Corinthian Title | |
| Malone Cheryl L Sheesley | -- | None Available | |
| Malone Cheryl Sheesley | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $370,000 | ||
| Previous Owner | Hannouche Samir Simon | $584,000 | |
| Previous Owner | Malon Cheryl L Sheesley | $252,900 | |
| Previous Owner | Malone Cheryl Sheesley | $324,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | Sold | $1,370,000 | -5.5% | $596 / Sq Ft | |
| 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)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,390 | $843,211 | $674,570 | $168,641 |
| 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
Agents Affiliated with this Home
-
Marije Kruythoff
Seller's Agent in 2026
Marije Kruythoff
Redfin Corporation
(323) 944-1544
2 in this area
81 Total Sales
-
Eduard Ter-Osipyan
ET
Buyer's Agent in 2026
Eduard Ter-Osipyan
The Art In Real Estate
(818) 241-3000
1 in this area
27 Total Sales
-
Penny Applegate
Seller's Agent in 2021
Penny Applegate
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
(818) 261-5314
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB26007569
APN: 2463-006-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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