Description
Rare opportunity to acquire two single family homes at a substantially discounted price! Sold separately and without a tenant this would go for much much more! Occupied by a long-term tenant (pre-school), these 2 side-by-side homes in a bustling Burbank neighborhood are being offered below market, based on current tenancy. Need a place to park your client’s 1031 funds or otherwise and interested in a deep discount? Look no further! Committed tenant and guaranteed income for many years to come, the lease is in place through 2037 with an option to extend until 2042. Two houses on two APNs will be sold together, concurrently, making a total lot size of 11,419 sq ft (6108 sq ft for 4102 Victory, 5311 sq ft for 4104 Victory). Incredible long-term investment possibility for future development as the area is zoned R4 for high density residential buildings. Situated near shopping, dining, recreation, green spaces, entertainment and easy proximity to transportation and the airport, this location cannot be beat! If you have the vision, this opportunity is for you!
