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Coming soon 09/26
  • Listed by: First Select Properties Inc • Edward Markaryan • Contact: 818-641-6665
    $2,295,000

    2002 W Victory Blvd, Burbank, CA 91506

    16beds
    16baths
    1,288sqft
    : 
    $14,614/mo
    Get pre-qualified
    Quadruplex
    Built in 1939
    -- sqft lot
    $895,000 Zestimate®
    $1,782/sqft
    $-- HOA

    What's special

    **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.
    21 hours
    17
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Markaryan DRE #01946981 818-641-6665,

    First Select Properties Inc

    Source: CRMLS,MLS#: BB26205137MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 16
      Appliances
      • Included: Dryer, Washer
      • Laundry: Inside, Stacked
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,288
      • Total interior livable area: 1,288 sqft

      Property

      Features
      • Entry location: Multiple
      • Pool features: None
      Lot
      • Size: 5,724 Square Feet
      • Features: 2-5 Units/Acre
      Details
      • Parcel number: 2438020024
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1939

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking
      Location
      • Region: Burbank

      Financial & listing details

      • Price per square foot: $1,782/sqft
      • Tax assessed value: $886,108
      • Date on market: 9/19/2026
      • Listing terms: Cash to New Loan,Conventional,1031 Exchange

        Estimated market value

        $895,000

        $841,000 - $958,000

        $2,249/mo

        Price history

        DateEventPrice
        10/7/2025Listing removed$2,800$2/sqft
        Source: Zillow Rentals Report a problem
        7/17/2025Price change$2,800-5.1%$2/sqft
        Source: Zillow Rentals Report a problem
        7/9/2025Price change$2,950-7.8%$2/sqft
        Source: Zillow Rentals Report a problem
        6/26/2025Listed for rent$3,200$2/sqft
        Source: Zillow Rentals Report a problem
        6/5/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/19/2024Price change$3,200+12.3%$2/sqft
        Source: Zillow Rentals Report a problem
        4/2/2024Price change$2,850-12.3%$2/sqft
        Source: Zillow Rentals Report a problem
        4/1/2024Price change$3,250+10.2%$3/sqft
        Source: Zillow Rentals Report a problem
        2/26/2024Price change$2,950-7.8%$2/sqft
        Source: Zillow Rentals Report a problem
        10/5/2023Price change$3,200-1.5%$2/sqft
        Source: Zillow Rentals Report a problem
        9/26/2023Listed for rent$3,250+22.6%$3/sqft
        Source: Zillow Rentals Report a problem
        3/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/11/2023Price change$2,650-5.4%$2/sqft
        Source: Zillow Rentals Report a problem
        2/27/2023Price change$2,800-20%$2/sqft
        Source: Zillow Rentals Report a problem
        2/21/2023Listed for rent$3,500$3/sqft
        Source: Zillow Rentals Report a problem
        10/14/2022Sold$835,000-7.1%$648/sqft
        Source: Public Record Report a problem
        10/13/2022Pending sale$899,000$698/sqft
        Source: CRMLS #GD22166474 Report a problem
        9/2/2022Contingent$899,000$698/sqft
        Source: CRMLS #GD22166474 Report a problem
        8/22/2022Price change$899,000-5.3%$698/sqft
        Source: CRMLS #GD22166474 Report a problem
        8/5/2022Listed for sale$949,000+149.7%$737/sqft
        Source: CRMLS #GD22166474 Report a problem
        11/10/2009Sold$380,000-15.6%$295/sqft
        Source: Public Record Report a problem
        7/13/2009Sold$450,000+50.5%$349/sqft
        Source: Public Record Report a problem
        5/26/2009Price change$299,000-45.6%$232/sqft
        Source: iHOUSEWeb Solutions, Inc #F1792061 Report a problem
        5/16/2009Price change$550,000+140.2%$427/sqft
        Source: iHOUSEWeb Solutions, Inc #F1792061 Report a problem
        4/27/2009Price change$229,000-23.4%$178/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem
        4/23/2009Price change$299,000-45.6%$232/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem
        4/18/2009Listed for sale$550,000$427/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem
        9/27/2006Sold$550,000$427/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $886,108 +2%
        2025$9,864 +3.2%$868,734 +2%
        2024$9,556 +1.1%$851,700 +2%
        2023$9,454 +82.4%$835,000 +80.7%
        2022$5,183 +0.4%$462,208 +2%
        2021$5,160 +1.1%$453,146 +1%
        2020$5,103 $448,501 +2%
        2019$5,103 +4.6%$439,708 +2%
        2018$4,880 $431,087 +2%
        2017$4,880 +2.1%$422,635 +2%
        2016$4,778 +3.2%$414,349 +1.5%
        2015$4,631 +2.1%$408,126 +2%
        2014$4,534 $400,132 +2.5%
        2012-- $390,516 +2%
        2011-- $382,860 +0.8%
        2010-- $380,000 -33.6%
        2009-- $572,220 +2%
        2008-- $561,000 +2%
        2007-- $550,000 +144.5%
        2006-- $224,935
        2005-- $224,935 +33.8%
        2004-- $168,061 +1.9%
        2003-- $164,982 +2%
        2002-- $161,748 +4%
        2000-- $155,469
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        Climate risks

        Neighborhood: 91506

        Getting around

        84 / 100
        Very Walkable
        38 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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