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4102 & 4104 W Victory Boulevard

Burbank, CA 91505
  • $1,500,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: SR24029060
UPDATED: 43 min ago
$1,500,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Stephanie Vitacco of Equity Union (818-989-2000)


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 clients 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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T10:28:39.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147488326
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4102 & 4104 W Victory Boulevard Burbank, CA 91505

  • Price: $1,500,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 43 min ago
  • ID#: SR24029060
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1942
Built
Neighborhood:
610 - Burbank
County:
Los Angeles
Area:
610 - Burbank
Property 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 clients 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!
Exterior Features

Architectural Style Traditional Construction Materials FrameStoneStucco Entry Level 1 Entry Location Front door Exterior Features Rain Gutters Fencing BlockChain LinkVinylWrought Iron Lot Features Back YardCorner LotFront YardLawnLandscapedNear Public TransitStreet LevelYard Number Of Separate Electric Meters 0 Parking Features Converted GarageDoor-SingleGarageGarage Faces RearGarage Faces SideSee Remarks Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenGas RangeGas Water HeaterWater Heater Common Walls No Common Walls Cooling Central AirWall/Window Unit(s) Cooling YN Yes Door Features French DoorsPanel DoorsSliding Doors Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring Laminate Heating Central Heating YN Yes Interior Features Built-in FeaturesLaminate CountersOpen FloorplanRecessed LightingWood Product WallsAttic Window Features Blinds

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 51600 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 51600 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 0 Possession See Remarks Property Condition Turnkey Property Sub Type Single Family Residence Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning BUR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T10:28:39.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Stephanie Vitacco of Equity Union (818-989-2000)