1442 Maple StGlendale, CA 91205

Property Details for 1442 Maple St

Year built

1958

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

7,824 SF

Zone code

GLR4YY

Property type

Apartment buildings

APN

5683-003-021

APU

5683003021

Description

This exceptional commercial property, located at 1442 Maple Street in Glendale, California, presents a unique investment opportunity. Boasting a substantial 7,824 square feet of space, this general commercial building sits on a sizable 0.28-acre lot, offering ample room for expansion or outdoor use. The property's prime Glendale location provides excellent visibility and accessibility, making it ideal for a variety of businesses. The asking price is $4,050,000. This presents a strong value proposition for investors seeking a well-situated commercial property in a thriving market. The building's size and location make it suitable for a wide range of commercial uses, from retail and office space to light industrial operations. Further due diligence is encouraged to explore the full potential of this versatile property. The substantial lot size offers significant potential for future development or expansion, adding to the overall investment appeal. This is a rare opportunity to acquire a significant commercial property in a desirable Glendale location. The property's size and location combine to create a compelling investment opportunity with strong potential for future growth and return. Serious inquiries are welcome. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. The address is 1442 Maple Street, Glendale, CA.

• CAP approach

  CAP return

  Valuation

  6%

  $3,162,105

  6.5%

  $2,918,866

  7%

  $2,710,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,306,108

  Geo Method

  $2,306,108

• Alternative Use

  Use

  Valuation

  Residential

  $2,918,866

  Hospitality

  $2,673,666

  Educational

  $2,224,459

  Medical

  $2,300,961

  Retail

  $3,460,269

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1387

Longitude

-118.232

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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