3807 W Victory BLVD Burbank, CA 91505
Sale
$1,899,000
4 Units
9 Beds
6 Baths
3,697 Area(sq.ft.)
6,502 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 4 | 2 | No | $ 3,244 | $ 3,244 | $ 4,800 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,446 | $ 2,446 | $ 3,500 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,214 | $ 2,214 | $ 3,100 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,905 | $ 1,905 | $ 2,500 |
| 4 | 4 | 9 | 6 | $ 9,809 | $ 9,809 | $ 13,900 |
| MLS #: | BB24061437MR |
| Days On Market: | 1 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 514 |
| Price per unit: | $ 474,750 |
| Year Built: | 1940 |
Property Details
Welcome to 3807 W Victory Blvd. This lovely, immaculately maintained fourplex is located in the heart of Burbank. With only several owners since its construction in 1940, the property holds historical value, reflecting its resilience and attractiveness as a long-term investment. This property presents an amazing opportunity to own a piece of rental property in the sought-after media capital of Los Angeles. Ideally located, a sought-after area known as the media capital of Los Angeles, the property offers proximity to major studios such as Disney, Warner Bros, and Universal Studios. It's also close to amenities like parks, schools, transportation hubs, St. Joseph Hospital, Hollywood/Burbank Airport, and Downtown Burbank. The property boasts long-term tenants, ensuring a steady rental income stream. The mix of units, including a 4-bedroom, 2-bath home in the front and a gated triplex at the rear, caters to a diverse tenant demographic, enhancing income stability. Property Features: The 4-bedroom, 2-bath front home exudes curb appeal and retains its original charm with tile flooring. The triplex at the rear, constructed in the late 1980s, offers a variety of unit sizes (2-bedroom/2-bath, 2-bedroom/1-bath, and 1-bedroom/1-bath) to attract different tenants. All units are equipped with central heating and air conditioning, newer water heaters, double-paned windows, and an automatic sprinkler system. Parking and Amenities: The property provides ample parking space with 7 spots, 6 of which are covered. Additional storage areas and a separate coin-operated washer and dryer area contribute to the convenience and attractiveness of the property along with additional income. Prospective buyers are urged to respect the privacy of the existing tenants and refrain from disturbing them during viewings or inquiries.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 20,736 |
| Net Operating Income: | $ 99,372 |
| Actual Gross Rent: | $ 9,809 |
Structure
| Community Features: | Sidewalks, Urban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Laundry: | Community, Dryer, Dryer Included, Washer, Washer Included |
| Laundry Equipment: | Own |
Exterior
| Pool: | No |
Detailed Map
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Income
