Burbank, CA 91505 3807 W Victory Boulevard

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Presented By: Becky Richards with Beverly and Company, Inc.; 818-515-8685
  • MLS# BB24061437
  • 03/28/2024
  • Request Tour
  • Request Info
  • BedBeds • 9
  • BathBaths • 6
  • FootageSQFT • 3,697

Home 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.
Presented By: Becky Richards with Beverly and Company, Inc.; 818-515-8685

Interior Features for 3807 W Victory Boulevard

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 3807 W Victory Boulevard

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces7.0
Carport Y/NYes
CityBurbank
Community FeaturesSidewalks, Urban
ContingencyPlease Do Not Disturb Tenant-occupied. Inspection is available upon accepted offer.
CoolingCentralAir
CountyLos Angeles
Days on Market22
DirectionsWest of Hollywood Way
Electric Expense240.0
Entry Location1
Exclusions4 Stoves and 4 Fridges
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income3600.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2520.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet6502.0
MLS Area610 - Burbank
MobileHomeRemainsYNNo
Net Operating Income99372.0
New ConstructionNo
Number of Units Leased4
Operating Expense20736.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Street NameVictory
Tax Lot26
Taxes$16,536
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent9809.0
Total Units4
Trash Expense0.0
View Y/NNo
Water Sewer Expense1440.0
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningBUR4*

Exterior for 3807 W Victory Boulevard

Building Area Total3697.0
Crops Included Y/NNo
Horse Y/NNo
Inclusions1 Washer and Dryer Set
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, SprinklersInFront
Lot Size Acres0.1493
Lot Size Area6502.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking7.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,899,000
MLS#BB24061437
List Date 03/28/2024
Property Type Multi-Family
Phone 714.964.3311
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