2208 W Victory, Burbank, CA 91506
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
2208 W Victory,Burbank, CA 91506
$1,600,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: julian munoz
Office: empower real estate
MLS#:BB26195094
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,600,000
About this home
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 unitspotential 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 B...
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Home facts
- Listing ID #:BB26195094
- Added:12 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
Heating and cooling
- Cooling:Heat Pump(s), Wall/Window
- Heating:Floor Furnace
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,600,000
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