5846 San Fernando RdGlendale, CA 91202

Property Details for 5846 San Fernando Rd

Year built

1939

Construction

WOOD

Lot size

0.12 AC

Property size (Sq ft)

1,587 SF

Zone code

GLC3*

Property type

Office properties

Property subtype

Office buildings

APN

5628-039-013

APU

5628039013

Description

This exceptional free-standing office building, located at 5846 San Fernando Road in Glendale, California, presents a compelling investment opportunity. The property boasts a total of 1,587 square feet of well-designed space, currently occupied by a dependable tenant, ensuring a consistent income stream. Situated on a 0.12-acre lot, the building enjoys a highly visible street frontage on San Fernando Road, providing excellent accessibility and exposure to a large volume of daily traffic. The modern layout is perfectly suited for a variety of professional uses, offering a functional and efficient workspace. The building's prime location within the thriving Glendale area offers significant advantages, including proximity to major transportation routes, amenities, and a robust business community. This is an ideal acquisition for investors seeking a stable, income-producing asset in a desirable commercial corridor. The property's strong tenant occupancy and strategic location combine to create a compelling investment opportunity with significant potential for long-term growth and return. The building's modern design and high visibility make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a well-maintained, free-standing office building in a highly sought-after location. The asking price is $1,850,000.

• CAP approach

  CAP return

  Valuation

  6%

  $517,253

  6.5%

  $477,464

  7%

  $443,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $301,784

  Geo Method

  $301,784

• Alternative Use

  Use

  Valuation

  Residential

  $592,055

  Hospitality

  $542,320

  Educational

  $451,203

  Medical

  $466,721

  Retail

  $701,872

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1586

Longitude

-118.279

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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