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Two-Parcel Mixed-Use Property

3637-3639 SAN FERNANDO RD, Glendale, CA 91204

For Sale
Contact for pricing

The offering combines a vacant building with a tenant-occupied property across two separate parcels.

Property Size7,091 SF
Lot Size0.34 Acres
Price / SF$521.08
Days on Market34

Property Features for 3637-3639 SAN FERNANDO RD

General Information

Standard status Active
Size 7,091 SF
Lot size 0.34 Acres
Property subtype Retail, Industrial
Zoning GLM1A

Site & Location

Neighborhood Tropico

Additional Details

Tenant in Place Yes

Building Details

Buildings 2
Listing Agency: Magic Realty
Listed By: Sean Madadian · License #CA 01066622
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 5:52PM

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 Magic Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The Glendale offering brings together two adjacent parcels on San Fernando Road, with a combined building area of ±7,091 SF and land area of ±14,904 SF. One building is vacant; the other is tenant occupied. The parcels contain approximately 3,549 SF and 3,542 SF of building area, respectively, on lots of approximately 7,497 SF and 7,407 SF. They are identified separately as APNs 5640-038-005 and 5640-038-004.

Zoning is GLM1A*. The stated land-use designations are Retail and Industrial/Manufacturing (Light), and the property is classified as commercial/industrial.

Key Highlights

  • Two adjacent parcels offered together on San Fernando Road in Glendale
  • Combined building area of ±7,091 SF on ±14,904 SF of land
  • One vacant building and one tenant‑occupied building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$264,835
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,296,700 $5.3M
Cap Rate 7%
$3,783,357 $3.8M
Cap Rate 9%
$2,942,611 $2.9M
Market Conditions
NOI Build-Up for 7,091 SF
Gross rent
$402.5K $56.76/SF
− Vacancy
−$24.1K −$3.41/SF
EGI
$378.3K $53.35/SF
− OpEx
−$113.5K −$16.01/SF
NOI
$264.8K $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%
$5,296,700
Cap Rate 7%
$3,783,357
Cap Rate 9%
$2,942,611

Alternative Uses

Best Use
Retail
$3.78M
$3.31M – $4.41M (±1% cap)
NOI $264,835 @ 7.0% cap · market cap 7.17%
Second Best
Mixed Use
$2.01M
$1.76M – $2.34M (±1% cap)
NOI $140,415 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$4.26M
$3.73M – $4.98M (±1% cap)
NOI $298,529 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Pet Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,304
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 31% Office Supplies 2% Home Improvements & Furnishings 2%
Starbucks Dining
22,574 visits/mo 0.3 miles
Bank of America Shops & Services
22,520 visits/mo 0.4 miles
Speedway Shops & Services
7,647 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
5,110 visits/mo 0.5 miles
U.S. Bank Shops & Services
4,526 visits/mo 0.5 miles

Demographics for 91204, CA

17,302
Population
7,095
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
1.0 sq mi
ZIP Area
17,302
Density / Sq Mi
$72,906
Median Household Income
$41,556
Median Earnings
$1,924
Median Rent
$747,400
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA

$440 Jul
$474 Aug
$477 Sep
$474 Oct

Properties on Market for Mixed-use properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering combines a vacant building with a tenant-occupied property across two separate parcels.
Where is this mixed-use property located?
The property is located at 3637-3639 SAN FERNANDO RD Glendale, CA.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: Two adjacent parcels offered together on San Fernando Road in Glendale; Combined building area of ±7,091 SF on ±14,904 SF of land; One vacant building and one tenant‑occupied building
(818) 635-3500 · Office Call to check price and availability
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