**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. ADUs have fully owned solar. Furnishings are negotiable.
For sale
Listed by: First Select Properties Inc • Edward Markaryan • 818-641-6665
Price cut: $100K (10/12)
$2,195,000
2002 W Victory Blvd, Burbank, CA 91506
4beds
4baths
2,338sqft
Quadruplex
Built in 1939
-- sqft lot
$2,140,800 Zestimate®
$939/sqft
$-- HOA
What's special
- 46 days
- 94
- 4
Zillow last checked:
Listing updated:
Listed by:
Edward Markaryan DRE #01946981 818-641-6665,
First Select Properties Inc
Source: CRMLS,MLS#: BB26205137
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Included: Dryer, Washer
- Laundry: Inside, Stacked
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,338
- Total interior livable area: 2,338 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: $939/sqft
- Tax assessed value: $886,108
- Date on market: 9/26/2026
- Cumulative days on market: 46 days
- Listing terms: Cash to New Loan,Conventional,1031 Exchange
Estimated market value
$2,140,800
$2.03M - $2.25M
$2,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Price change | $2,195,000-4.4%$939/sqft |
Source: | ||
| 9/26/2026 | Listed for sale | $2,295,000+174.9%$982/sqft |
Source: | ||
| 10/7/2025 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2025 | Price change | $2,800-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2025 | Price change | $2,950-7.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2025 | Listed for rent | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Price change | $3,200+12.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2024 | Price change | $2,850-12.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2024 | Price change | $3,250+10.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2024 | Price change | $2,950-7.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/5/2023 | Price change | $3,200-1.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listed for rent | $3,250+22.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/11/2023 | Price change | $2,650-5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2023 | Price change | $2,800-20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/21/2023 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2022 | Sold | $835,000-7.1%$357/sqft |
Source: Public Record Report a problem | ||
| 10/13/2022 | Pending sale | $899,000$385/sqft |
Source: | ||
| 9/2/2022 | Contingent | $899,000$385/sqft |
Source: | ||
| 8/22/2022 | Price change | $899,000-5.3%$385/sqft |
Source: | ||
| 8/5/2022 | Listed for sale | $949,000+149.7%$406/sqft |
Source: | ||
| 11/10/2009 | Sold | $380,000-15.6%$163/sqft |
Source: Public Record Report a problem | ||
| 7/13/2009 | Sold | $450,000+50.5%$192/sqft |
Source: Public Record Report a problem | ||
| 5/26/2009 | Price change | $299,000-45.6%$128/sqft |
Source: iHOUSEWeb Solutions, Inc #F1792061 Report a problem | ||
| 5/16/2009 | Price change | $550,000+140.2%$235/sqft |
Source: iHOUSEWeb Solutions, Inc #F1792061 Report a problem | ||
| 4/27/2009 | Listed for sale | $229,000-58.4%$98/sqft |
Source: iHOUSEWeb Solutions, Inc Report a problem | ||
| 9/27/2006 | Sold | $550,000$235/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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