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320 Arden Ave Glendale, CA 91203

Sponsored
For Sale
$14,960,000

Prime Glendale location, two buildings, 43,365 SF

Property size:
43,365 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional offering presents a rare opportunity to acquire one or both of these meticulously maintained Class B office buildings situated on Arden Avenue in Glendale, CA. The two buildings, totaling 43,365 square feet of net rentable space, are located on separate 0.98-acre parcels and can be purchased individually or as a portfolio. Built in 1984, these two-story buildings boast a desirable multi-tenant configuration and feature attractive landscaping, outdoor patios, and private balconies. Recent capital improvements exceeding $500,000 have been implemented, including new roofs, exterior paint, elevator upgrades, and HVAC system enhancements. The buildings benefit from secured subterranean parking with direct elevator access to suites. This prime location offers a quiet neighborhood setting with a Walk Score of 90, providing convenient access to a wealth of amenities, including The Americana at Brand and Glendale Galleria. The property enjoys excellent freeway access via the I-5, SR-2, SR-134, and I-210 freeways. The asking price is $14,960,000, translating to $344.98 per square foot. This presents a compelling investment opportunity in a highly sought-after Glendale micro-market with a low vacancy rate of 5.5% (according to Costar). The buildings are currently the only freestanding boutique office buildings available for sale in this area, ranging from 10,000 to 30,000 square feet, adjacent to the Glendale central business district.

Property Features for 320 Arden Ave

General Information

Property type
Office Properties & Spaces
Square Feet
43,365 SF
Class
B
Lot Size
42,689 SF

Building Details

Year Built
1984
Buildings
1
Stories
2

HighLights

  • Two Class B office buildings totaling 43,365 square feet of net rentable space, available individually or as a portfolio, for $14,960,000 ($344.98/SF).
  • Located on Arden Ave in Glendale, CA, in a highly desirable micro‑market with a 5.5% vacancy rate (Costar data), featuring 34 buildings totaling 292,000 SF.
  • Prime location with a Walk Score of 90, near The Americana at Brand and Glendale Galleria, offering excellent access to major freeways (I‑5, SR‑2, SR‑134, I‑210).
  • Each building features attractive landscaping, outdoor patios, private balconies, secured subterranean parking with direct elevator access, and recent capital improvements exceeding $500,000 (new roofs, exterior paint, elevator & HVAC upgrades).
Property Profile Location Intelligence

Current Use by Public Records

Glendale Urgent Dentist Emergency Dental Service Alajajian-Marcoosi Architects Architect Cwaaia Inc Architect Coralie Lasalle Social Worker Eric AutoGlass Co. Auto Repair Shop

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Glendale
County
Los Angeles
State
California
Longitude
-118.2589207
Latitude
34.1581843

FAQs

What type of property is this?
Office Property / Space - Prime Glendale location, two buildings, 43,365 SF
Where is this office property / space located?
The property is located at 320 Arden Ave Glendale, CA.
What is the asking price?
The asking price for this property is $14,960,000.
What are key features of this property?
This property features: Two Class B office buildings totaling 43,365 square feet of net rentable space, available individually or as a portfolio, for $14,960,000 ($344.98/SF).; Located on Arden Ave in Glendale, CA, in a highly desirable micro-market with a 5.5% vacancy rate (Costar data), featuring 34 buildings totaling 292,000 SF.; Prime location with a Walk Score of 90, near The Americana at Brand and Glendale Galleria, offering excellent access to major freeways (I-5, SR-2, SR-134, I-210).
More about this property
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