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Annie Culbertson &
Debbie Rossetto

Mobile Phone:
408-707-0340
annieculbertson@comcast.net
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Annie Culbertson &
Debbie Rossetto

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Mobile Phone:
408-707-0340
annieculbertson@
comcast.net
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Glassell Park CA Real Estate & Commercial for Sale

Glassell Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Glassell Park real estate agent to arrange a tour today!
Learn more about Glassell Park.


Showing Homes Nearby Glassell Park, CA
Beds:
n/a
Baths:
Sq.Ft.:
4,236
Status:
Active
MLS#:
CL24377297
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1971
A broker reciprocity listing Courtesy: Carrie Bryden - ACME Real Estate Carrie Bryden carrie@carriebryden.com
View additional info

Incredible opportunity to purchase an updated 4236 square foot creative studio with private offices located on a signalized corner in rapidly growing Glassell Park. The generous main studio space is currently an impressive professional photography studio and event space featuring a 30 ft. by 20 ft. corner cyc wall with a five ft. floor radius, 12ft. ceilings, and an 11 ft. wide drive-in door. Additional features include a rustic-industrial-style conference/lounge room with a wet bar and an adjacent professional hair and makeup room complete with wardrobe setup and a private dressing area. The property is located next door to Habitat Coffee and is just a few blocks from other neighborhood amenities such as Dunsmoor, Bub and Grandma's, The Grant Bar, Verdugo Bar, Kingsize Soundlabs, and the Wife and the Somm. In addition to the main studio, there are six offices of varying sizes, four of which include loft spaces that add to the overall square footage. The updated office spaces include a common area, bathroom, and lobby. Meticulously maintained and thoughtfully upgraded, this building offers countless possibilities for your most creative endeavors

Beds:
n/a
Baths:
Sq.Ft.:
4,284
Status:
Active
MLS#:
CRP1-13618
Type:
Mixed Use, Business Opportunities
Year built:
1937
A broker reciprocity listing Courtesy: Laurie Turner - Coldwell Banker Realty Laurie Turner laurieturner@coldwellbanker.com
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There are three units this unique property, 1 2 bedroom, 1 bath house with a garage and a commercial bow truss space split in two. One side is tenant occupied the other is vacant. This property offers an incredible opportunity for live/work, artist studio, small warehouse space with available parking. This building offers plenty of space and features a large open floor plan with lots of natural light and maximum versatility. Convenient to the 2 freeway making commuting to nearby cities a breeze.

Beds:
n/a
Baths:
Sq.Ft.:
4,360
Status:
Active
MLS#:
CL23312611
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1947
A broker reciprocity listing Courtesy: Brian Fitzburgh - Brokers Trust Real Estate Group Brian Fitzburgh Brian@BrokersTrust.com
View additional info

WELCOME TO 4140 EAGLE ROCK BOULEVARD. Multi-Use Property | Multiple Opportunities Perfect, high-visibility, corner location on Eagle Rock Blvd in the centrally-located community of Glassell Park. Previously used as a dance/Pilates studio and event venue space. www.LiveArtsLA.com. This property will be delivered vacant. The main space features a 21-foot tall barrel ceiling with two roll-up doors that lead to the street and to the private, gated yard. Perfect as an outdoor lounge or parking. There are numerous spaces with options for the new owner to earn over $5k per month which will help with cash flow! Don't miss this opportunity to become the proud new steward of this exceptional property.

Beds:
n/a
Baths:
Sq.Ft.:
5,717
Status:
Active
MLS#:
CL24352753
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Brad Keyes - Keyes Real Estate Brad Keyes brad@keyesLA.com
View additional info

Nestled on the border of Eagle Rock, Glassell Park, and Highland Park is 4311 Eagle Rock Boulevard: a mixed-use gem offering four 2-bed, 2 bath residential units and 2 commercial spaces, making it the ideal opportunity for an owner-user or investor alike. The street-level commercial spaces boast three large storefront windows that capture the attention of motorists and pedestrians alike and leveraging the continuous flow of traffic along Eagle Rock Boulevard. The versatile floor plan caters to the diverse needs of businesses, offering an opportunity to customize the space to suit your unique requirements. From boutique retail to a trendy caf or a dynamic co-working space, the possibilities are endless. And its close proximity to popular community hotspots within the vibrant neighborhood ensures a steady flow of potential customers. Perched above street-level in a separate two-story building are the 4 residential units that offer a retreat from the hustle and bustle of Eagle Rock Boulevard and provide a sense of exclusivity within this highly desirable neighborhood. Each unit features a townhome-style floor plan, providing residents with a sense of space and privacy. The 2-bedroom, 1-bathroom layout on the second floor ensures a cozy and intimate residential experience, while the

Beds:
n/a
Baths:
Sq.Ft.:
5,717
Status:
Active
MLS#:
CL24354369
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Brad Keyes - Keyes Real Estate Brad Keyes brad@keyesLA.com
View additional info

Nestled on the border of Eagle Rock, Glassell Park, and Highland Park is 4311 Eagle Rock Boulevard: a mixed-use gem offering four 2-bed, 2 bath residential units and 2 commercial spaces, making it the ideal opportunity for an owner-user or investor alike. The street-level commercial spaces has two legal addresses but can be held as one or two units. The unit boasts three large storefront windows that capture the attention of motorists and pedestrians alike and leveraging the continuous flow of traffic along Eagle Rock Boulevard. The versatile floor plan caters to the diverse needs of businesses, offering an opportunity to customize the space to suit your unique requirements. From boutique retail to a trendy caf or a dynamic co-working space, the possibilities are endless. And its close proximity to popular community hotspots within the vibrant neighborhood ensures a steady flow of potential customers. Perched above street-level in a separate two-story building are the 4 residential units that offer a retreat from the hustle and bustle of Eagle Rock Boulevard and provide a sense of exclusivity within this highly desirable neighborhood. Each unit features a townhome-style floor plan, providing residents with a sense of space and privacy. The 2-bedroom, 1-bathroom layout on the seco

Beds:
n/a
Baths:
Sq.Ft.:
2,727
Status:
NEW LISTING
MLS#:
CL24389329
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Eugene Ridenour - Compass Eugene Ridenour eugene@localregroup.com
View additional info

5 Unit Investment Property located in highly sought after neighborhood of Highland Park. Well maintained and updated property consisting of (4) one bed/one bath units and (1) two bed/one bath unit. Property has been recently refreshed and includes onsite parking with two garages, coin operated laundry room, security gates, outdoor common patio areas, and more. Excellent location near Occidental College, shops and restaurants along York Blvd and Eagle Rock Blvd including Queen St. Raw Bar & Grill, Bagel + Slice, Kumquat Coffee HLP, Delia's Restaurant, and more. One unit will be delivered vacant.

Beds:
n/a
Baths:
Sq.Ft.:
3,599
Status:
Active
MLS#:
CRGD24064202
Type:
Office, Business Opportunities
Lot size:
0.17 Acres
Year built:
2014
A broker reciprocity listing Courtesy: Pakrad Markarian - Remax Optima Pakrad Markarian pakradmarkarian@aol.com
View additional info

Rare opportunity to buy a commercial property with a M1 zoning. This property was gutted to the studs and completely remodeled in 2014. Currently used as office space. Unit "A" is an approximate 2,180sqft space, features Central A/C (two-3+ton units in Suite A), multiple private offices, two restrooms, and an open area for the work staff. Unit "B" is an approximate 1,115 sqft space. Was used as a flex space. Offers Central A/C (one-3+ton unit in Suite B) has multiple private offices and a rest room. Suites A and B can be easily combined. There is also a storage measuring approximately 380 sqft. The roof is a Verisco 60 mil PVC single ply roofing system. Building can easily be reconfigured to connect all together and increase warehouse space to 1,500+ with many options.

Beds:
n/a
Baths:
Sq.Ft.:
11,305
Status:
Active
MLS#:
CL24370485
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1983
A broker reciprocity listing Courtesy: Kenny Stevens - Compass Kenny Stevens kenny@kennystevensteam.com
View additional info

*** Just reduced by $225,000 - Bring ALL offers - current ownership is motivated to meet the market *** 327 S. Madison Way is an 8-unit townhouse complex in Glendale (built in 1983) located down the street from the new East End Studios. This well-maintained property features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each spacious townhome averages approx. 1,281 SF, and tenants are responsible for paying the costs of gas, electricity, and water. Ownership upgraded several units including, wood laminate flooring, updated cabinetry, stainless steel appliances, and recessed lighting. This turnkey property is equipped with subterranean parking (no retrofitting required), copper plumbing, a new roof in 2019, and upgraded decks in 2020 (per ownership). 327 S. Madison is located 1.4 miles from The Americana at Brand, Glendale Galleria, Glendale Fashion Center, and an array of dining/entertainment amenities along Brand Blvd. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). The property offers approx. 23% rental upside compared to renovated units in the area. The property will stabilize at 6.15% CAP and 11.29 GRM at the list price.

Beds:
n/a
Baths:
Sq.Ft.:
6,736
Status:
Active
MLS#:
CL24351527
Type:
Business Opportunities
Lot size:
0.12 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Roderick 'Rick' Raymundo - Marcus & Millichap Roderick 'Rick' Raymundo Rick.Raymundo@MarcusMillichap.com
View additional info

This meticulously designed two-story building, strategically located on San Fernando Rd., features ground-floor retail space and five apartments with an office unit on the second floor, boasting a total area of 6,736 sq ft on a 5,090 sq ft lot. The retail tenant's recent commitment underscores the property's stability, and its competitive pricing at a 6.25% CAP rate based on current income offers investors a compelling proposition. The potential for increased returns through optimizing rents on the second floor further enhances the attractiveness of this investment. Situated strategically on San Fernando Rd. between S Brand Blvd and Cerritos Ave, the property benefits from prime visibility, with over 24,000 vehicles passing by daily. Its proximity to the 2 and 5 freeways (over 400,000 vehicles per day) adds to its accessibility. The locale's appeal is heightened by significant nearby attractions, including Griffith Observatory, Occidental College, Glendale Galleria, and the Americana. Demographic indicators within a 3-mile radius are robust, with a population of275,502 and an average household income of $107,168. This property stands as a sophisticated investment opportunity, offering a harmonious blend of current stability and future growth potential in a high barrier to entry m

Beds:
n/a
Baths:
Sq.Ft.:
3,032
Status:
Active
MLS#:
CRDW24030448
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Maricruz Veloz - Coldwell Banker George Realty Maricruz Veloz marciveloz@yahoo.com
View additional info

Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These uni

Beds:
n/a
Baths:
Sq.Ft.:
3,032
Status:
Active
MLS#:
CRDW24014239
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Maricruz Veloz - Coldwell Banker George Realty Maricruz Veloz marciveloz@yahoo.com
View additional info

Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These uni

Beds:
n/a
Baths:
Sq.Ft.:
5,144
Status:
NEW LISTING
MLS#:
CL24390355
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Gabriel Rudner - Aegis Management, Inc. Gabriel Rudner contact@aegismgmtinc.com
View additional info

8 Unit income property in highly desirable Eagle Rock - a rare find in a market with extremely limited inventory. All units are 1 Bedroom 1 Bath. Four blocks from Colorado Blvd. Close to Occidental College. Six 1 car Garages with additional parking spaces in the driveways. All units separately metered for gas and electricity and all units have separate water heaters. Foundation bolting completed in 2013. Indicative of the strong rental demand in the local area, this property is fully leased. Upon unit turnover, this property presents an enticing 32% potential upside in rental income, making it a compelling opportunity for growth-minded investors. CONTACT LISTING AGENT FOR FULL OFFERING MEMORANDUM.

Beds:
n/a
Baths:
Sq.Ft.:
2,458
Status:
Active
MLS#:
CL24380751
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1921
A broker reciprocity listing Courtesy: Archie Robb - Keller Williams Realty La Canada Flintridge Archie Robb Archie@archierobb.com
View additional info

KW Commercial proudly presents 2641 Riverside Terrace, an exquisite bungalow-style apartment community comprising six units, ideally situated in the highly sought-after Silver Lake neighborhood of Los Angeles. This unique property offers a diverse unit mix, including a spacious 3-bedroom/2-bathroom unit, three comfortable 1- bedroom units, and two charming single units. Parking is provided with three 1-car garages. Each unit in this meticulously maintained building showcases a distinctive layout and design, seamlessly blending vintage charm with modern amenities. These units feature updated kitchens equipped with stainless steel appliances, and stylish bathrooms. The inclusion of mini split air conditioning units ensures highly efficient heating and cooling in each unit. A standout feature of this property is the private enclosed outdoor spaces, offering tenants a tranquil retreat for relaxation and entertainment. Sitting on a 4,800 square foot lot, this 1921 property underwent a comprehensive renovation in 2020, both inside and out. The renovation included new flooring, kitchens, bathrooms, tile work, hardscaping, stucco, and more, ensuring a modern living experience while preserving its timeless charm. The property is situated in Silver Lake, surrounded by cafes, entertainment

Beds:
n/a
Baths:
Sq.Ft.:
6,206
Status:
Active
MLS#:
CL24366386
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Roderick 'Rick' Raymundo - Marcus & Millichap Roderick 'Rick' Raymundo Rick.Raymundo@MarcusMillichap.com
View additional info

Presented alongside the neighboring 427 E Acacia Avenue building, the two properties are available either individually or as a portfolio. The entire building consists of two bedroom apartments with rents ranging from $2,025 to $2,100, while similar properties are achieving rents above $2,700. A new investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases via AB 1482, when compared to other assets subject to Los Angeles rent control. The buildings are surrounded by attractive shopping and dining options. Mere blocks east, tenants can enjoy boutiques, coffeeshops, and restaurants in historic Adams Square. Several retailers and restaurants line both Glendale Avenue and Brand Boulevard, both major streets being within two blocks of the property. Less than one mile north are both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria shopping mall.

Beds:
n/a
Baths:
Sq.Ft.:
7,314
Status:
Active
MLS#:
CRSR24080276
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1927
A broker reciprocity listing Courtesy: Levon Alexanian - Keller Williams World Media Center Levon Alexanian info@alexanianadvisors.com
View additional info

The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyers pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.

Beds:
n/a
Baths:
Sq.Ft.:
4,440
Status:
Active
MLS#:
CL24352941
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1955
A broker reciprocity listing Courtesy: Juan Longfellow - Compass Juan Longfellow juan@juanlongfellow.com
View additional info

One of a kind creative space in Frogtown. Perfectly situated as the last industrial building before the major residential section of Elysian Valley, this approx 4500 square foot space has for over 30 years been a place for art and art-making. With Pristine white surfaces and 15 foot ceilings, it was for over 20 years the home and studio of artist Frank Romero, a pioneer of the Los Angeles Chicano movement and pivotal member of the acclaimed art group Los Four. Presently used as a collector's private art gallery and home, it is centered around an immense 29 x 38 foot gallery with 15 foot ceilings, and includes 2 smaller galleries, large art storage area with loading dock, 3 room office/bedroom suite, a principal bedroomwith adjoining office, kitchen, and soaring domestic storage, 2 bathrooms, 2 mezzanine storage areas, a 3 truck garage facility with roll-up doors, and extensive camera security system. The property is zoned LACM Manufacturing (Light) and is 3 doors from the LA River with next street access to the famous L.A. Bikepath. The path provides a direct connection to the gentrified Frogtown delights of the new Loreto Restaurant, LA River Kayak Safari, La Colombe Coffee, and Wax Paper. Frogtown/Elysian Valley is the new LA hub of artists, architects, filmmakers, and high tec

Beds:
n/a
Baths:
Sq.Ft.:
13,176
Status:
Active
MLS#:
CRGD24054330
Type:
Business Opportunities
Lot size:
0.27 Acres
Year built:
1987
A broker reciprocity listing Courtesy: Albert Babayan - JohnHart Real Estate Albert Babayan albert@thecondopeople.com
View additional info

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways. Rents are below market 3 bedroom unit was recently rented for $3,100.

Beds:
n/a
Baths:
Sq.Ft.:
7,099
Status:
Active
MLS#:
CRGD23226348
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1974
A broker reciprocity listing Courtesy: Vahik Beglarian - Coldwell Banker Hallmark Vahik Beglarian vbeglarian@yahoo.com
View additional info

Excellent opportunity to purchase an eight (8) unit apartment building with a significant upside in rental income. 311 E. Maple Street is an 8-unit multifamily property in the desirable southeast area of Glendale, CA. This property provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has been professionally managed and cared for. As its the first time in the market after 39 years of ownership, this is truly an irreplaceable asset to own. The property is a two-story building that was constructed in 1974 and consists of two large 2bed and 1.3/4bath units and six 1bed and 1bath units. Large roomy units (Buyer to verify the square footage if required). It also includes thirteen (13) parking spaces that include a combination of a private two (2) car garage, which is being used by the owner as storage currently, eleven (11) surface carport parking spaces, which are used by the tenants, a large on-site laundry room, and very minimal landscaping. Most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. The property is within a short distance to multiple bus stops located on Glendale Avenue and Brand Boulevard, in addition to nearby retail shops and businesses. It provides tenants with ease of acce

Beds:
n/a
Baths:
Sq.Ft.:
2,376
Status:
Active
MLS#:
CRIV24057608
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1924
A broker reciprocity listing Courtesy: MARIA NAVARRO - REAL ESTATE ONE MARIA NAVARRO offers@riversidereo1.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
6,728
Status:
Active
MLS#:
CRPF23113521
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Tobin Koziol - Helix Real Estate Management Tobin Koziol tkoziol@helixrem.com
View additional info

Introducing 2233 Riverdale Avenue - a prime 8-unit multifamily investment opportunity in the heart of Los Angeles! Nestled in Frogtown, around the corner from Silver Lake, this remarkable building is poised to deliver immediate returns for the savvy investor. The property has undergone a comprehensive renovation (including new electrical systems, plumbing, and roof) and now offers the perfect blend of modern comfort and unmatched location. Each of the eight units offers an inviting and comfortable living space, appealing to a wide range of tenants. The thoughtfully designed floor plans provide an efficient use of space for residents to relax and unwind. The modern finishes incorporated into each unit contribute to an elevated living experience, ensuring high tenant satisfaction and long-term occupancy. Additionally, the property features desirable amenities like secure gated entry and parking, central air conditioning, in-unit laundry, and an electric vehicle charger, further enhancing its appeal and marketability. With an incoming cap rate of nearly 5% and low operating costs bolstered by the recent renovations, buyers can enjoy peace of mind and steady revenue generated by this extremely low-maintenance building. Moreover, with an impending approval for a Tenancy in Common (TIC

Beds:
n/a
Baths:
Sq.Ft.:
11,862
Status:
Active
MLS#:
CL24383021
Type:
Business Opportunities
Lot size:
0.31 Acres
Year built:
1988
A broker reciprocity listing Courtesy: Kenny Stevens - Compass Kenny Stevens kenny@kennystevensteam.com
View additional info

719 Orange Grove is a courtyard-style complex located 0.7 miles from The Americana and features a majority of 2-bdrm. and 2 bath units. Located just north of Glendale Ave. and Colorado St, 719 Orange Grove is 0.5 miles from the Glendale Fashion Center, and 0.7 miles from The Americana and the Glendale Galleria. The property is near a vibrant downtown district that is the perfect destination for living, working, and playing. Built in 1988, the property features an enticing unit mix of (12) 2-bdrm. and 2-bath units, (2) 1-bdrm. units, and a non-conforming studio unit. Most units feature wood-laminate flooring, stainless-steel appliances, central air conditioning, and private balconies. Property amenities include controlled access, secured covered parking, and a community laundry room. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). 719 Orange Grove is offered at a 4.91% CAP and 13.75 GRM on current rents with approx. 30% rental upside. The property will stabilize at a 6.21% CAP and 11.64 GRM at the list price. Located near notable employers (KABC-7, Adventist Health Glendale Hospital and Walt Disney Animation) and blocks from Downtown Glendale, 719 Orange Grove is an ideal value-add property in the heart of a family-focused communit

Beds:
n/a
Baths:
Sq.Ft.:
12,584
Status:
Active
MLS#:
CL24385485
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Michael Sterman - Marcus & Millichap Michael Sterman Michael.Sterman@marcusmillichap.com
View additional info

Attractive Assumable Financing: Approximately $1,980,000 Fixed @ 3.528% Until 10/1/2030 with US Bank

Beds:
n/a
Baths:
Sq.Ft.:
23,234
Status:
Active
MLS#:
CRSR24026585
Type:
Business Opportunities
Lot size:
0.45 Acres
Year built:
1987
A broker reciprocity listing Courtesy: George Ouzounian - The Agency George Ouzounian GeorgeAndGina@TheAgencyRE.com
View additional info

Presenting 420 W Windsor Rd a remarkable opportunity to acquire a rare apartment building boasting 25 units in Glendale! Nestled on a charming tree-lined street just a few blocks away from the Americana and Griffith Park, and offering a convenient commute to downtown, this meticulously maintained property was constructed in 1987 on a spacious 2.25-acre lot (totaling 19,697 SF). Comprising (9) 1-bed, 1-bath, (12) 2-bed, 2-bath, and (4) 3-bed, 2-bath units, each equipped with central AC and eight units featuring balconies, this property provides a comfortable and attractive living space. Additionally, there is an existing unpermitted 1-bed, 1-bath unit on the ground level, currently utilized by the owners as office space and storage. Under the dedicated ownership and management of the current owner for nearly three decades, the rental rates have consistently experienced an annual increase of 4-7%. For added convenience, the owner is open to assisting with management for up to a year post-closing. The pro forma cap rate of 4.1% encompasses the scheduled rent increases in 2024 and the new assessed value of $13,499,000 at a rate of 1.25%. Dont miss out on the opportunity to purchase this exceptional building!

Beds:
n/a
Baths:
Sq.Ft.:
8,620
Status:
Active
MLS#:
CRPW23169851
Type:
Business Opportunities
Lot size:
0.43 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Robert Stepp - Keller Williams - Santa Monica Robert Stepp rstepp@steppcommercial.com
View additional info

California Court Bungalows, located at 615 S. Columbus Avenue, is a tastefully restored 13-unit California bungalow courtyard style asset located five blocks from the Glendale Americana. Current ownership has spent over $700,000 on capital improvements including new electric, plumbing and exterior work. The property is comprised of (12) 1 BD/1 BA units and (1) studio. All of the spacious units have been thoughtfully renovated to capitalize on the areas strong tenant base. Current ownership has implemented a RUBS program across all units to improve operational efficiencies, allowing new ownership to operate the asset at a sub 30% expense ratio. Eight existing garages and (5) surface spaces provide current income, and also have the potential to be converted into three (3) ADUs for additional rental revenue of approximately $34,605. Based on estimates, a new owner can achieve a return on cost of nearly 270% by raising rents to market and completing additional investment into the ADU construction. 615 S. Columbus Avenue offers a fully assumable loan at 5.18% with 5 years of fixed financing and 2 years of interest only payments remaining.

Beds:
n/a
Baths:
Sq.Ft.:
9,884
Status:
Active
MLS#:
CL24350241
Type:
Business Opportunities
Lot size:
0.4 Acres
Year built:
1986
A broker reciprocity listing Courtesy: Oron Maher - Maher Commercial Realty Oron Maher oron@mahercr.com
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This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.


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