3807 W Victory Boulevard
Burbank, CA, 91505 $ 1,899,000
Bedrooms9 Baths6.0 Sq 3,697 Monthly Estimate*
$ 13,265
Listed by Beverly and Company, Inc.
for $1,899,000 with 9 bedrooms and 6 full baths. This 3,697 square foot home was built in 1940 on a lot size of 0.1493.
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.
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FeaturesGeneralSewer PublicSewer
Heating Central
Cooling CentralAir
Appliances Dryer Washer
Zoning BUR4*
Garage Spaces 0.0
Pool Features None
Exclusions 4 Stoves and 4 Fridges
Year Built 1940
Tenant Pays CableTV Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 3600.0
Community Features Sidewalks Urban
County Los Angeles
Net Operating Income 99372.0
Operating Expense 20736.0
Insurance Expense 2520.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Please Do Not Disturb Tenant-occupied. Inspection is available upon accepted offer.
Garage Y/N N
Special Listing Conditions Standard Trust
Status Active
Directions West of Hollywood Way
City Burbank
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 610 - Burbank
Lot Size Square Feet 6502.0
Private Pool N
Waterfront Y/N N
Carport Spaces 7.0
Carport Y/N Y
Number of Units Leased 4
Street Name Victory
Listing Terms CashtoNewLoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 240.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1440.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 22
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 26
Total Actual Rent 9809.0
Property Sub Type Additional Quadruplex
Taxes 16536.0
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ExteriorLot Features FrontYard SprinklersInFront
Water Source Public
Total Parking 7.0
Inclusions 1 Washer and Dryer Set
Lot Size Area 6502.0
Number of Buildings 2
Spa N
Building Area Total 3697.0
Lot Size Acres 0.1493
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesList ByBeverly And Company, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $13,265
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Burbank, CA
Average List Price $2,226,524
Percent of Sale Price 17%
About Burbank, CA 4,839 Population
2% Since 2002
$ 64,570 Median Income
36.57 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/29/2024 | $1,899,000 | | Listed Price |