Creative Office/Warehouse in
3608 San Fernando Road Glendale, CA 91204
For Sale
$3,450,000
Modern creative office space with income potential in prime location.
Property Size5,121 SF
Lot Size0.16 Acres
Price / SF$673.70
Days on Market123
Property Features for 3608 San Fernando Road
General Information
- Standard status
- Active
- Size
- 5,121 SF
- Lot size
- 0.16 Acres
- Property subtype
- Office
Listing Agency:
CBRE - Downtown Los Angeles
(213) 613-3755
Listed By:
John Hillman · License #0122357
(213) 613-3755
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 25 at 3:31AM
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 CBRE - Downtown Los Angeles
Investment Insights
Based on property information with market context.
Located in Glendale, adjacent to Atwater Village and Glassell Park, this property presents an opportunity for owner-users or investors. The 5,121 square-foot building, situated on a 6,888 square-foot corner lot, was converted from an industrial warehouse into modern creative offices in 2013/2014, with a loft area added in 2019. The interior features exposed sandblasted red brick and wood beam ceilings. The property includes secured interior parking with a high bow-truss ceiling. One unit is currently owner-occupied and will be delivered vacant. The other unit is currently rented, providing income. The property has frontage on San Fernando Rd. The zoning is IMU-R. The location offers easy access to major freeways and sees a high traffic count of 40,079 vehicles per day. The property is near Atwater Village, Glassell Park, Los Feliz, Silverlake, Highland Park and Frogtown.
Key Highlights
- Delivered Vacant: One unit is owner‑occupied and will be delivered vacant, ideal for immediate use.
- Tenant Income: The second unit is currently rented, providing immediate income to offset operating expenses.
- Prime Location: Situated in Glendale, bordering Atwater Village and Glassell Park, with easy access to Los Feliz, Silverlake, Highland Park and Frogtown.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.0k | $33.00 |
| − Vacancy | −$34.6k | −$6.77 |
| EGI | $134.3k | $26.24 |
| − OpEx | −$33.6k | −$6.56 |
| NOI | $100.8k | $19.68 |
5,121 SF · lease $33.00/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,762 @ 7.0% cap · market cap 2.92%
Second Best
Warehouse
$1.03M
$905.5K – $1.21M
NOI $72,436 @ 7.0% cap · market cap 2.10%
Theoretical Best
Specialty Retail
$3.08M
$2.69M – $3.59M
NOI $215,593 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creative space
FAQs
What type of property is this?
Creative space - Modern creative office space with income potential in prime location.
Where is this creative space located?
The property is located at 3608 San Fernando Road Glendale, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Delivered Vacant: One unit is owner‑occupied and will be delivered vacant, ideal for immediate use.; Tenant Income: The second unit is currently rented, providing immediate income to offset operating expenses.; Prime Location: Situated in Glendale, bordering Atwater Village and Glassell Park, with easy access to Los Feliz, Silverlake, Highland Park and Frogtown.
