2208 W Victory Burbank, CA 91506
8,128 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26195094
HOA Y/N No
Year Built 1951
Lot Size 8,128 Sqft
Property Sub-Type Quadruplex
Property Description
Current rents provide substantial upside, with estimated market rents of approximately $2,500 for the 2-bedroom units and $2,000 for the 1-bedroom units—potential gross income of approximately $9,000 per month, representing more than 32% upside over current rents.
Another standout feature is the exceptional garage parking: three 2-car garages plus one 1-car garage, providing a total of seven enclosed garage spaces for only four units. The property also includes a decommissioned laundry room that may provide an opportunity for restoration or repurposing, subject to City requirements and approval.
Well maintained with valuable improvements including copper plumbing, dual-pane windows and low-maintenance landscaping, helping reduce ongoing ownership and maintenance demands.
The sizable R-4 zoned lot may offer additional long-term potential for ADUs, additional units or future redevelopment. Combined with the existing four units, substantial garage footprint and former laundry area, the property presents multiple possibilities for an investor to explore, subject to applicable regulations and City of Burbank approval.
Conveniently located near Burbank's major employment centers, studios, shopping, dining and transportation. 2208 W Victory Blvd represents a compelling opportunity to acquire a well-maintained Burbank multifamily asset with existing income, meaningful rental upside, substantial parking and future development potential. Buyer to independently verify rents, square footage, zoning, ADU feasibility and development possibilities.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Interior Features Ceiling Fan(s), Tile Counters
Heating Floor Furnace, Heat Pump, Wall Furnace
Cooling Heat Pump, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator, Range Hood
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 7.0
Garage Description 7.0
Fence Vinyl, Wire
Pool None
Community Features Sidewalks, Park
View Y/N Yes
View Hills
Roof Type Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description Near Park, Rectangular Lot
Faces North
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2438017037
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust
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