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About the Listing bh5345494 - B36409
ADD MULTIPLE ADU'S!!!!!!!!Burbank fourplex offering an attractive combination of current income, significant rental upside and long-term development potential. Situated on an approximately 8,129 SF R-4 zoned lot, the property features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, currently generating $6,808 per month in gross rents. 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.
Listing Highlights for 2208 W Victory
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Gas Range, Refrigerator, Range Hood
- Air Cond: Heat Pump,Wall/Window Unit(s)
- Heating: Floor Furnace,Heat Pump,Wall Furnace
- Fireplaces:
- Floor: Carpet,Vinyl
- Basement:
- Other: Ceiling Fan(s),Tile Counters
- Water: Public
Exterior Details
- Lot Description: Near Park,Rectangular Lot,No Land Lease
- Garage Capacity: 7 car
- Parking Spaces: 7
- Roof: Shingle
- Others: Copper Plumbing,2+ Total Units,Has ADU
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2438017037
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
2208 W Victory Burbank, CA 91506
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