3965 Foothill BlvdGlendale, CA 91214

Property Details for 3965 Foothill Blvd

Year built

1962

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

1,645 SF

Zone code

GLC3*

Property type

Medical offices

Property subtype

Medical centers

APN

5603-005-030

APU

5603005030

Description

This single-tenant property, located at 3965 Foothill Boulevard in La Crescenta-Montrose, California, 91214, offers 1,645 square feet of versatile space. Built in 1962, this one-story building is zoned GLC3* and sits on a lot with APN 5603-005-030 in Los Angeles County. The property's classification includes Retail, Office, Traditional Office, Coworking, and Creative Office uses, making it suitable for a range of businesses. Its central location on Foothill Boulevard provides excellent visibility and accessibility. Currently occupied by an alarm company, this space presents an affordable rental opportunity. The property's single-tenant occupancy simplifies management and provides a stable income stream. The building's age presents an opportunity for potential renovation or modernization to further enhance its value and appeal. Interested parties should note the property's location in Los Angeles County and its convenient access to major transportation routes. The property's versatility and affordable rent make it an attractive investment opportunity for businesses seeking a well-located and functional office space in the thriving Glendale area.

• CAP approach

  CAP return

  Valuation

  6%

  $536,157

  6.5%

  $494,914

  7%

  $459,563

• Comparable approach

  Method

  Valuation

  Relative Method

  $312,813

  Geo Method

  $312,813

• Alternative Use

  Use

  Valuation

  Residential

  $613,693

  Hospitality

  $562,140

  Educational

  $467,694

  Medical

  $483,778

  Retail

  $727,523

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.2408

Longitude

-118.266

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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