3009 W Victory Boulevard, Burbank, California 91505, Burbank, 91505 - 0 bed, 0 bath
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Burbank, California 91505
This Residential Income Duplex serves as a high-utility Development Opportunity within the prestigious Burbank Media District. Offered at a List Price of $1,100,000, the asset is positioned near its $1,044,800 Fair Market Value, reflecting the premium demand for land in the "Media Capital of the World." While currently maintaining a Condition Rating of 5 with dated 1943 infrastructure, the property’s 5,500 sqft lot offers significant upside as part of a rare three-lot assembly. With month-to-month leases ensuring immediate cash flow near major studios and Burbank schools, this is a strategic acquisition for Buy-and-Hold Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3009 W Victory Boulevard Subject | $1,000,000* List Price | 0 | 0 | 1,600 | $542 | - |
A 1329 -1331 N Screenland Drive 1329-1331 Sold | $980,000 | 0 | 0 | 1,577 | $621 | 0.9 mi |
B 3013 W Victory Active | $1,000,000 List Price | 0 | 0 | 1,600 | $625 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1943 and marketed primarily as a development opportunity, the property is described as having dated infrastructure requiring significant capital expenditures. Exterior images show aged construction with window AC units and older window frames, and the lack of interior photos typically indicates outdated kitchen and bathroom conditions that do not meet modern standards.
Situated in the 'Media Capital of the World,' the property offers exceptional proximity to major film studios, hospitals, and parks, ensuring high rental demand and long-term appreciation.
As part of a rare three-lot assembly totaling approximately 16,499 square feet, this property presents a unique opportunity for high-density residential development in a high-demand Burbank pocket.
All units are currently occupied on month-to-month leases, providing the new owner with immediate cash flow and the flexibility to reposition the asset or begin redevelopment without long-term tenant encumbrances.
Built in 1943, the property likely requires significant capital expenditures for modernization and maintenance to address aging systems and meet contemporary market standards.
To fully realize the advertised development potential, a buyer must coordinate the purchase of three separate side-by-side duplexes, which increases the financial and logistical complexity of the transaction.
Excellent Location in the City of Burbank- the media capitol 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 1 bathroom for a total of 6 units. 3007, 3009, 3013 W. Victory Bl. Burbank. All units are occupied on month to month leases. Potential development opportunity-lot size 16,499 ft.² buyer to investigate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,600 | 2,297 | 40% |
| Lot Size | 5,500 | 6,672.5 | 10% |
| Price | $1.00M | $1.33M | 30% |
| Price per sq ft | $625 | $621 | 60% |
| Built year | 1943 | 1944 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 112 | 10% |
May 14, 2026
$1,000,000
$1,100,000
-9% Price Drop
Initial Listing
Mar 20, 2026
$1,100,000
Initial Listing