$1,899,000 Price Analysis   ♡   Burbank, CA 91505 9 bed 6 bath 3,697 SqFt ($513/SqFt) 6,502SqFt lot. Built 1940 Listed 2024-03-28, Taxes $15,800 | Ⓧ USDA Ineligible due to price & location near Burbank |
Welcome to 3807 W Victory Blvd.
This lovely, immaculately maintained fourplex is located in the heart of Burbank. With several owners since its construction in 1940, the property holds historical value, reflecting its resil ience and attractiveness as a long-term investment. This property presents an astounding 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 Hosptal, 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 at
Beverly and Company, Inc.
Property MLS #BB24061437 from CRMLS
Heating Features: Central
Heating: Yes
Garage Spaces: 7
Parking Total: 7
Lot Size Acres: 0.1492654
Lot Size Source: Assessor
Lot Size Square Feet: 6502
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 1
Tenant Pays: Cable TV, Electricity, Gas
County: Los Angeles
Other Expense: 120.00
Source Property Type: Residential Income
Exclusions: 4 Stoves and 4 Fridges
Inclusions: 1 Washer and Dryer Set
Insurance Expense: 2520.00
Area: 610 - Burbank
Source Neighborhood: 610 - Burbank
New Taxes Expense: 16536.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 2463003014
Postal Code Plus 4: 1469
Zoning: BUR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $568,914 + $853,370 $1,422,284 | $15,800 |
| 2021 | $557,759 + $836,638 $1,394,397 | $15,732 |
| 2020 | $552,040 + $828,060 $1,380,100 | $15,560 |
| 2019 | $541,216 + $811,824 $1,353,040 | $15,098 |
| 2018 | $530,604 + $795,906 $1,326,510 | $14,912 |
| 2017 | $520,200 + $780,300 $1,300,500 | $14,606 |
| 2016 | $510,000 + $765,000 $1,275,000 | $14,155 |
| 2015 | $359,207 + $76,325 $435,532 | $4,974 |
| 2014 | $352,171 + $74,830 $427,001 | $4,984 |
| 2013 | $350,580 + $74,492 $425,072 | $4,945 |
| 2012 | $343,706 + $73,032 $416,738 | $4,844 |
| 2010 | $336,967 + $71,600 $408,567 | $4,693 |
| 2009 | $335,244 + $71,234 $406,478 | $4,618 |
| 2009 | $334,449 + $71,065 $405,514 | $4,618 |
| 2008 | $328,671 + $69,838 $398,509 | $4,524 |
| 2007 | $322,227 + $68,469 $390,696 | $4,360 |
$1,899,000
CRMLS
Sold 2015-12-15
$1,275,000
CRISNET
Listed 2015-06-21
$1,375,000
CRISNET
Listing removed 2014-03-05
$2,300
WestsideRentals
Listed for rent 2014-02-25
$2,300
WestsideRentals
Year Built: 1940
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 84
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1440.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.