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Renovated Four-Unit Property
New
For Sale
$2,295,000
Pending

2002 W Victory, Burbank, CA 91506

Fully furnished residential income property with two newly constructed ADUs and comprehensive system upgrades.

Property Size1,288 SF
Days on Market2

Property Features for 2002 W Victory

General Information

Standard status Pending
Size 1,288 SF
Property subtype Investment

Additional Details

Furnished Yes
Average Monthly Rent $3,500
Multifamily Units 4

Building Details

Building Size 1,288 SF
Year Built 1939
Year Renovated 2023
Units 4
Listed By: Edward Markaryan
Source: Elliman
Added: Sep 19 Last Checked: Sep 20 at 9:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edward Markaryan

Investment Insights

Based on property information with market context.

This four-unit residential property includes a remodeled duplex and two ADUs completed in 2023. All units are furnished and can be delivered vacant, providing flexibility for occupancy or future operation. The property was originally built in 1939, while the ADUs add newer construction and contemporary layouts.

Major improvements include a 400-amp electrical service, upgraded sewer line, new roof, updated wiring and plumbing, HVAC systems, kitchens, vinyl flooring, tile bathrooms, insulation, drywall, and windows. The duplex received a comprehensive renovation, and the ADUs were constructed from the ground up with modern finishes. The property is located at 2002 W Victory, Burbank, CA 91506, minutes from Burbank Airport. Walk Score is 75, Bike Score is 58, and Transit Score is 40.

Key Highlights

  • Four‑unit property with all units available vacant
  • Two ground‑up ADUs completed in 2023
  • Remodeled duplex with updated systems and finishes

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Food Market Tattoo & Piercing Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,908
Businesses Nearby

Demographics for 91506, CA

19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully furnished residential income property with two newly constructed ADUs and comprehensive system upgrades.
Where is this quadplex located?
The property is located at 2002 W Victory Burbank, CA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Four‑unit property with all units available vacant; Two ground‑up ADUs completed in 2023; Remodeled duplex with updated systems and finishes
More about this property
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