Excellent location in the City of Burbank — the media capital of the world! Close to major studios, hospital, schools, parks, and much more. First time on the market in forever! Rare development opportunity to purchase 3 sets of duplexes side-by-side. Each duplex has 2 bedrooms and 2 bathrooms per unit for a total of 6 units. 3007, 3009, 3013 W. Victory Blvd, Burbank. All units are occupied on month-to-month leases. Potential development opportunity — lot size 16,499 sq ft. Buyer to investigate.
First time on the market in forever. Three adjacent duplexes on contiguous lots in the City of Burbank — the media capital of the world. Close to major studios, hospital, schools, parks, and much more. All units are occupied on month-to-month leases.
Rare development opportunity — spanning three adjacent parcels totaling 16,499 square feet of land under BUR4* zoning. Whether you hold for steady income, renovate to capture market rents, or explore development potential — the opportunity is yours to shape. Buyer to investigate.
All three properties share the same tract (5255), same original ownership, and same timeless 1943 construction — creating a clean, unified acquisition with no fragmented title issues. All units occupied on month-to-month leases.
Each duplex has 2 bedrooms and 2 bathrooms per unit, operates independently with its own APN, and sits on its own parcel. All units are occupied on month-to-month leases with current rents significantly below market — presenting immediate value-add opportunity.
Six units generating over $100K annually with significant upside to market rents. Below-market units present an immediate value-add opportunity for a hands-on investor.
| Unit Address | Building | Current Rent | Pro Forma Rent | Upside |
|---|---|---|---|---|
| 3007 W Victory (Unit A) | 3007 | $900 | $3,300 | +$2,400 |
| 3005 W Victory (Unit B) | 3007 | $1,400 | $3,300 | +$1,900 |
| 3009 W Victory (Unit A) | 3009 | $1,500 | $3,300 | +$1,800 |
| 3011 W Victory (Unit B) | 3009 | $1,450 | $3,300 | +$1,850 |
| 3013 W Victory (Unit A) | 3013 | $1,850 | $3,300 | +$1,450 |
| 3015 W Victory (Unit B) | 3013 | $1,450 | $3,300 | +$1,850 |
| Portfolio Total | 6 Units | $8,550/mo | $19,800/mo | +$11,250/mo |
Situated on one of Burbank's primary east-west corridors, this portfolio benefits from excellent visibility, accessibility, and proximity to major employment centers and amenities.
Aerial View — Three Contiguous Parcels Outlined on W Victory Blvd, Burbank
Christopher Rizzotti brings decades of Burbank market expertise to every transaction. As a former BAOR President and Realtor of the Year, he offers unparalleled insight into local real estate and investment opportunities.
Call or text Chris for more information: (818) 262-5446 · christopher@rizzottirealtor.com