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Listed by David Stevenson • Stevenson Real Estate Services
$ 3,200,000
Est. payment /mo
Price Dropped by $250K
Glendale, CA 91214
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-25216190
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This is an outstanding opportunity to acquire a mixed-use property that consists of four (4) separate buildings in the heart
of the Glendale foothills. Enterprise Rent-A-Car occupies a retail building that is approximately 2,216 square feet. It has a NNN lease and is in the
middle of a three-year option that expires December 31, 2007. It has an additional three-year option, and the rent for the option will be at fair market value. Campbell's Automotive Repair Service occupies an automotive building that is approximately 2,209 square feet and has
four (4) bays. It has a modified gross lease and is in the middle of a two-year lease that expires October 1, 2026. It has an
option for two additional years that expires October 1, 2028. There are two single-family homes on the property that are leased for one year commencing October 1, 2025. Each home is approximately 750 square feet and has dedicated parking spaces.
of the Glendale foothills. Enterprise Rent-A-Car occupies a retail building that is approximately 2,216 square feet. It has a NNN lease and is in the
middle of a three-year option that expires December 31, 2007. It has an additional three-year option, and the rent for the option will be at fair market value. Campbell's Automotive Repair Service occupies an automotive building that is approximately 2,209 square feet and has
four (4) bays. It has a modified gross lease and is in the middle of a two-year lease that expires October 1, 2026. It has an
option for two additional years that expires October 1, 2028. There are two single-family homes on the property that are leased for one year commencing October 1, 2025. Each home is approximately 750 square feet and has dedicated parking spaces.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale/Montrose/Sparrhgts
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre