2129 N Pepper St Burbank, CA 91505
Northwest District NeighborhoodEstimated payment $9,052/month
Total Views
20,106
5
Beds
4
Baths
2,297
Sq Ft
$653
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
PRICE REDUCED TO SELL NOW! 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. MAIN HOUSE, JADU & ADU ALL WITH SEPARATE ADDRESSES. 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 JUNIOR ADU (JADU) 1-bedroom, 1-bath addition. This thoughtfully designed 440 sqft unit feels independent, with its own entrance, address, fenced private patio, in-unit laundry, and modern split A/C system. It’s vacant and ready to generate an estimated $1,900/month. 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, 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 cafes, 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: 06/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,080
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
- 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
- 5 Bedrooms
- 4 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
- 3 Units
Recreation
- Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $1,499,000 | -3.3% | $653 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $1,550,000 | -3.1% | $675 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $1,600,000 | +105.4% | $697 / Sq Ft |
| 10/14/2021 10/14/21 | Sold | $779,000 | +3.9% | $906 / Sq Ft |
| 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 | |
| Grant Deed | $779,000 | Corinthian Title Company | |
| 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 | $584,000 | New Conventional | |
| Previous Owner | $252,900 | New Conventional | |
| Previous Owner | $324,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $54,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25119695
APN: 2463-006-005
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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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