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Additional details
$ 2,295,000
Est. payment /mo
New
2002 W Victory Burbank, CA 91506
1 Bed
1 Bath
5,724 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26205137
Bedrooms 1
Lot Size 5,724 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 a
Location
State CA
County Los Angeles
Zoning Assessor
Direction On Victory, between Keystone and Lamer
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2438020024
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
Listed by Edward Markaryan, DRE#01946981 First Select Properties Inc
NEARBY SCHOOL & BUSINESS
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