Mixed-Use Storefront
New
For Sale
$1,100,000
3519 Ocean view Blvd, Glendale, CA 91208
Delivered vacant, the property includes two private offices and a landscaped courtyard.
Property Size1,250 SF
Lot Size0.07 Acres
Price / SF$880
Days on Market1
Property Features for 3519 Ocean view Blvd
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
3
Lot size
0.07 Acres
Property subtype
Commercial
Zoning
C3
Site & Location
Public Transit
Yes
Mixed-Use Components
retail, office
Additional Details
Condition
Built-Out
Property Use
Retail/Office
Amenities
landscaped courtyard
Building Details
Building Size
1,250 SF
Year Built
1965
Buildings
1
Listed By:
Johny Mansuryan
Source:
Elliman
Added: Nov 3
Last Checked: Nov 3 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johny Mansuryan
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Investment Insights
Based on property information with market context.
This freestanding mixed-use commercial building combines street-level retail character with office space. The 1,250-square-foot building sits on a 2,860-square-foot lot and includes two private offices, a landscaped courtyard, and three on-site parking spaces. Large display windows face Ocean View Boulevard, and the property is zoned C3 by the City of Glendale. Built in 1965, it will be delivered vacant.
The property is steps from the Montrose Shopping Park on Honolulu Avenue, among local restaurants, boutiques, and service businesses. Walk Score is 81, Bike Score is 44, and Transit Score is 35.
The property is steps from the Montrose Shopping Park on Honolulu Avenue, among local restaurants, boutiques, and service businesses. Walk Score is 81, Bike Score is 44, and Transit Score is 35.
Key Highlights
- Freestanding mixed‑use building with 1,250 square feet on a 2,860‑square‑foot lot
- C3 zoning in the City of Glendale
- Two private offices and a landscaped courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,685
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,700
$933.7K
Cap Rate 7%
$666,929
$666.9K
Cap Rate 9%
$518,722
$518.7K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$71.0K $56.76/SF
− Vacancy
−$4.3K −$3.41/SF
EGI
$66.7K $53.35/SF
− OpEx
−$20.0K −$16.01/SF
NOI
$46.7K $37.35/SF
Area
Glendale, CA
Vacancy
6.00%
Lease Rate
$56.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,700
Cap Rate 7%
$666,929
Cap Rate 9%
$518,722
Alternative Uses
Best Use
Retail
$666.9K
$583.6K – $778.1K
NOI $46,685 @ 7.0% cap · market cap 4.24%
Second Best
Mixed Use
$353.6K
$309.4K – $412.5K
NOI $24,752 @ 7.0% cap · market cap 2.25%
Theoretical Best
Specialty Retail
$751.8K
$657.8K – $877.1K
NOI $52,625 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,879
Businesses Nearby
230k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Dining 25%
Shops & Services 23%
Apparel 20%
Marshalls
Apparel
46,915 visits/mo
0.4 miles
Trader Joe's
Groceries
41,969 visits/mo
0.4 miles
VONS
Groceries
29,149 visits/mo
0.4 miles
The Coffee Bean & Tea Leaf
Dining
15,272 visits/mo
0.2 miles
Bank of America
Shops & Services
11,947 visits/mo
0.2 miles
Demographics for 91208, CA
16,776
Population
6,450
Households
2.6
Avg Household Size
45
Median Age
62%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
2,267
Density / Sq Mi
$131,229
Median Household Income
$63,676
Median Earnings
$2,361
Median Rent
$1,276,300
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Delivered vacant, the property includes two private offices and a landscaped courtyard.
Where is this mixed-use property located?
The property is located at 3519 Ocean view Blvd Glendale, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Freestanding mixed‑use building with 1,250 square feet on a 2,860‑square‑foot lot; C3 zoning in the City of Glendale; Two private offices and a landscaped courtyard
