2208 W Victory , Burbank, CA 91506
$1,600,000
Est. Payment: $8,474.65/mo
4 Bed
3 Bath
2822 Sqft
Status: Active | Days on site: 7
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House Description

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.

Highlights

Listed by Julian Munoz , 818-399-4066 EMPOWER Real Estate , 818-848-3637. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1951

County

Los Angeles

Area

610 - Burbank

Listing ID

BB26195094

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:
Appliances:Gas Range, Refrigerator, Range Hood
Air Cond:Heat Pump,Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl
Other:
  • Additional:Ceiling Fan(s), Tile Counters
Water:Public

Exterior Features

Lot:Near Park,Rectangular Lot,No Land Lease
Garage Capacity:7
Roof:Shingle
Others:
  • Additional:Copper Plumbing, 2+ Total Units, Has ADU
Sewer:Public Sewer
Principal Interest
$8,475
Taxes
$1,020

Home Price

$1,600,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$320,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,474.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,474.65 $1,020.00 $0.00 $9,494.65
Yearly $101,695.79 $12,240.00 $0.00 $113,935.79
Total $3,050,873.67 $367,200.00 $0.00 $3,418,073.67

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Burbank, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T09:06:11.000Z

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