2208 Victory, Burbank, CA 91506
Local realty services provided by:CENTURY 21 Masters
2208 Victory,Burbank, CA 91506
$1,600,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: julian munoz
Office: empower real estate
MLS#:BB26195094
Source:MLSListings
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 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, s...
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Home facts
- Year built:1951
- Listing ID #:BB26195094
- Added:1 day(s) ago
- Updated:September 10, 2026 at 04:49 PM
Rooms and interior
- Kitchen Description:Refrigerator
Heating and cooling
- Cooling:Window/Wall Unit
- Heating:Floor Furnace, Heat Pump, Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1951
- Lot area:0.19 Acres
- Lot Features:Greenbelt, Mid Block
- Architectural Style:Contemporary
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,600,000
Features and amenities
- Laundry features:Gas Hook-up
- Amenities:Ceiling Fan(s)
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