921-927 E Ventura Blvd

Prime Investment opportunity on a high freeway visible property. The building is currently divided into three suites. 921 was leased for a term of 10 years. 923 is a month-to-month tenancy to the owner's son and 927 is leased until February 29, 2024 with one option to extend for five years with annual rent increases. An investor could lease out 923 for additional income or an owner could locate their business in 923 and then expand as their business grows and the other space(s) become available. The sales price is based upon sales/square foot and not a cap on rental income because no rent is being paid for suite 923. Owner will consider carrying paper for a credit worthy buyer with a minimum of 35% down. Terms to be negotiated.