3119 Glendale BlvdLos Angeles, CA 90039
- Retail properties
- 1,450 SF
Property Details for 3119 Glendale Blvd
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 1,450 SF
- Zone code
- LAC4
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 5435-027-014
- APU
- 5435027014
Description
This exceptional 1,565 square foot multi-tenant retail building, located at 3119 Glendale Blvd in Los Angeles, CA 90039, presents a compelling investment opportunity. Built in 1947 and boasting 100% occupancy, the property offers a 4.11% cap rate at an asking price of $1,900,000. The property is zoned C4-1XL-RIO-POD and features on-site and street parking, providing ample convenience for tenants and customers. One tenant, Sweet Secret Los Angeles, holds a lease extending to March 31st, 2027, with a five-year renewal option. The current owner, who has operated a dental practice on the premises for over 20 years, is open to a leaseback arrangement, making this an attractive proposition for both investors and owner-users. High-visibility signage on Glendale Boulevard ensures excellent brand exposure. The property's APN is 5435027014. This prime Atwater Village location offers significant potential for long-term growth and profitability. Parking is provided at a rate of 3.45 spaces per 1,000 square feet.
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.1167
- Longitude
- -118.263
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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