1407 Kenneth RdGlendale, CA 91201

Property Details for 1407 Kenneth Rd

Year built

1927

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

5,696 SF

Zone code

GLC3*

Property type

Investment properties

Property subtype

Live-work space

APN

5622-023-030

APU

5622023030

Description

This exceptional retail opportunity presents 14,080 square feet of space across eight suites in Glendale's historic Kenneth Village. Located between Grandview Avenue and Sonora Avenue, this two-story, 1927-built building offers high visibility in a charming, locally-owned business district. The property boasts a strong demographic profile, with over 28,000 residents within a one-mile radius and an average home value exceeding $900,000. The average household income within one mile surpasses $104,000, indicating significant consumer spending power. The property includes a convenient, 26-space parking lot located at the rear, ensuring ample parking for tenants and customers. The site sits on a 12,379 square foot lot and is zoned GLC3. The property's APN is 1405: 5622-023-031, 1407: 5622-023-030, 1411: 5622-023-029, located in Los Angeles County's Kenneth Village submarket. This is a rare chance to establish a presence in a thriving, established retail center with a strong sense of community and high-value residential surroundings. The building's multiple tenancy structure offers flexibility for various retail concepts. This property is ideal for businesses seeking a high-traffic location within a desirable and affluent neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,856,504

  6.5%

  $1,713,696

  7%

  $1,591,289

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,083,151

  Geo Method

  $1,083,151

• Alternative Use

  Use

  Valuation

  Residential

  $2,124,982

  Hospitality

  $1,946,473

  Educational

  $1,619,442

  Medical

  $1,675,137

  Retail

  $2,519,132

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1728

Longitude

-118.28

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].