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$2,195,000

FOR SALE
Active

2002 W Victory

Burbank, CA

MLS# BB26205137

Quadruplex
40 days on marketNalren refreshed

Listing Agent

Edward Markaryan

Listing Agent

First Select Properties Inc

DRE #: 01946981

(818) 641-6665

Brokerage: First Select Properties Inc

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1939

Year Built

5,724 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

**All four units can be delivered fully vacant** Rare opportunity to own a fully renovated, income-producing 4-unit property just minutes from Burbank Airport. Buyer has complete flexibility to owner-occupy, self-manage, or step into a turnkey mid-term rental operation from day one. The Property: This offering combines a fully remodeled duplex with two brand-new ADUs, completed in 2023, no expense spared. Every unit is fully furnished and currently operates as a mid-term rental, averaging $3,500 per month per unit in rental income. Major Systems and Upgrades: New 400-amp main electrical panel, upgraded sewer line, new roof, new electrical throughout, new plumbing, new HVAC systems, brand-new kitchens, new vinyl flooring, new tile bathrooms, and new insulation, drywall, and windows. Existing Duplex: Extensively remodeled top to bottom, with new systems, finishes, and fixtures throughout, delivering the same like-new quality as the ADUs. Two New ADUs, Built 2023: Ground-up construction, fully furnished, and designed for immediate mid-term rental income with modern finishes and efficient layouts. Location: Centrally located near Burbank Airport, with easy access to major studios, freeways, and Burbank's business corridor, a prime draw for traveling professionals seeking furnished, flexible-term housing. Investment Highlights: Four total units, all deliverable vacant. Fully furnished, mid-term rental ready. Approximately $14,000 per month combined gross rental potential. 2023 new construction ADUs. Extensively renovated existing duplex. Prime Burbank location near the airport and studios. ADUs have fully owned solar. Furnishings are negotiable.

Facts & Features

Interior

Laundry Features
In-Unit Laundry, Stacked
Appliances
Dryer, Washer

Exterior

Private Pool
No
Lot Features
2–5 Acre Lot

Building

Year Built
1939
Building Area Total
2,338
Stories Total
1

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
0

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