$1,150,000
$1,400,000
17.9%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 07/12/2024
Key Details
Sold Price $1,150,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24029060
Sold Date 07/12/24
Construction Status Turnkey
HOA Y/N No
Year Built 1942
Lot Size 0.262 Acres
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 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!
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features Built-in Features, Laminate Counters, Open Floorplan, Recessed Lighting, Wood Product Walls, Attic
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type Decorative, Living Room
Fireplace Yes
Appliance Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry Washer Hookup, Laundry Room
Exterior
Exterior Feature Rain Gutters
Garage Converted Garage, Door-Single, Garage, Garage Faces Rear, Garage Faces Side, See Remarks
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link, Vinyl, Wrought Iron
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Roof Type Composition
Parking Type Converted Garage, Door-Single, Garage, Garage Faces Rear, Garage Faces Side, See Remarks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Corner Lot, Front Yard, Lawn, Landscaped, Near Public Transit, Street Level, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 2435007001
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Brien Varady • Compass