5.10% CAP Rate without doing any renovation! The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walk score 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathr
559 Glenwood Rd is a seven-unit multifamily property stands out as a rare find in a sought-after residential area, promising both stability and growth potential for investors.Located on the strategic corner of Clement Dr & Glenwood Rd, the property benefits from its proximity to key educational institutions and is nestled in an affluent neighborhood that boasts a high average household income. Its accessibility to Downtown Glendale, major shopping centers like the Glendale Galleria, and essential freeways positions it as an ideal residential choice for a wide range of tenants.The building is currently fully occupied, featuring a mix of one single and six two-bedroom units with six parking garages, each with dedicated parking. Recent rent adjustments have been implemented, affirming the property's strong income generation capability. Despite its well-maintained status, highlighted by quality interior finishes such as hardwood flooring and recessed lighting, the property offers significant upside potential. With most units rented below market rates, strategic upgrades and unit turnovers could lead to an increase in rental income by over 45%.Offered at a competitive price per unit and per square foot, this investment presents a rare opportunity to enter or expand in the Glendale mar
Unique and Prime investment opportunity 10 units in desirable Glendale Glenoaks area. Pride of ownership, Owns for about 50 years. Due to this long term ownership relationship with great tenants, the current rents have remained very low, leaving about 80% upside in rents Current rents are significantly below market, for 10 units totaling about $151,380 a year. One 3 bed 2 bath, Two 2 bed 1 bath, Five 1 bed 1 bath, Two single. The rents in the area for a 3 bedroom unit can be over $3,000, for 2 bed $2500 and 1 bed $2000 a month. Some TLC on this property current rents can potentially go up about $252,000 a year. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 10 units is truly one of a kind and great investment. Per seller, inside 6 units are updated, Has copper plumbing, newer water heater, walk way, all wall heaters and wall A/Cs, about 13 parking, Everything in this area sells quickly, priced right and will not last long in this market.
MEDIA AREA OF BURBANK. Great location. Corner property, with street and alley access. Two Buildings totaling 8474 sq. ft. Main Building is 6950 SF including loft offices. 3 Bathrooms, 2 Kitchens, Rollup door, Reception area, Conference Room, Private Offices, Warehouse Space. Second building: 1524 sq. ft. with Kitchen and Bathroom. On 11,324 sq. ft. Lot. Gated Onsite Parking for 13 cars, plus street parking. Security System. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.* Buyer to confirm tax benefits with the city of Burbank and all information listed above. Buildings were completely renovated in 2011. Close to Shopping, Entertainment, Airport, Transportation, Studios, Downtown Los Angeles and 5 Freeway.
Amazing church facility with a daycare / preschool / kindergarten included for sale. The daycare can accommodate 40 kids. It also comes with a commercial-grade kitchen. Located in the prime north Glendale area and is a great investment opportunity.
Outstanding owner-user opportunity! The property consists of a 2 bedroom/2 bathroom owner's unit and four (4) 2 bd/1 ba units. The owner's unit has been extensively remodeled with high-end finishes: Santos mahogany solid hardwood floors, plantation shutters and solid wood crown molding throughout the unit; the living room has an Italian marble gas fireplace; the kitchen has Caesarstone countertops, custom, solid-wood maple cabinets, Travertine backsplash, Italian glazed porcelain floor tile and base molding trim, heated floor, Viking professional series range and hood and Miele dishwasher; built-in closets in each of the bedrooms; primary bathroom has a large air jet bathtub, tempered glass, double-slider tub enclosure, solid wood cherry cabinets, two (2) recessed medicine cabinets, Caesarstone countertop with makeup station, Italian glazed porcelain floor and wall tile with base molding trim and chrome Hansgrohe Axor fixtures; guest bathroom has a large walk-in shower with solid corner built-in bench, Caesarstone countertop, tempered glass shower door, solid wood cherry cabinets, recessed medicine cabinet, Italian glazed porcelain floor and wall tile and base molding trim and chrome Hansgrohe Axor fixtures; high-end audio/video system with nine (9) Bowers & Wilkins speakers and
PURCHASE or LEASE (triple net lease offered $3.19 per square ft) this impeccably reimagined single level freestanding building offers no shared walls. Located in the city of Burbank where you pay no gross sales receipt tax or business tax. A lucrative financial incentive for operating your business in Burbank. The sophisticated contemporary design offers 14 private executive offices, 34 perfectly placed cubicles, large kitchen, conference room with sink, 4 bathrooms of which 2 are ADA compliant. The lovely reception area is easily accessed from the Burbank Blvd entrance. The rear entrance is equipped with a key fob entry pad for seamless access. Separate server room has it's own AC unit for optimal temperature control. Ample storage throughout the building. The 9 parking spaces plus 1 handicapped parking space and the Tesla charging station round out the list of amenities that position this offering as an outstanding acquisition.
5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New windows installed this year. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.
5,768 square foot, 2 story, office building with on-site parking. Hard to find 2 tenant buildingSeparately metered. Occupy all or 1/2 of building, with income potential. Owner/User of 51% or more may qualify for SBA loan with only 10% down. Refurbished, attractive, free standing building. Good mix of private offices & bullpen area. 2 story walk-up with restrooms & lunchrooms on each floor. Adjacent to restaurants, public transportation, & freeways
TRUE UNICORN: VERY RARE Mixed Use in Magnolia Park, Burbank! A Jewel Box: prestige location, prestige building, and fully legal attached apartment! Or additional office/creative space! Owner-Operators, creative users, post-production, retail, insurance, real estate: incredibly versatile! Italian-esque exterior plaster motif, lots of inviting glass for display/retail, high visibility on a busy but quaint shopping street in a superb strolling neighborhood, this building features huge skylights, lots of openness, customer service kitchenette in the front office, private offices or conference space, full ADA bathroom, energy efficient lighting and CAT-5 wired (if anyone still needs it), plus great flow between spaces or instant privatization! Fully outfitted ground floor APARTMENT with a full kitchen accessible from the main office and rear alley through elegant steel security french doors, the large bedroom suite provides a full bathroom, shower over tub, and ample closets and private entry door granting extra options for the Owner-User and or family members or renters. Perfect apartment for separate rental: it has its own electric meter, entrance, and 3-6 car parking, depending how you organize it. Front office and apartment have their own central HVAC units on separate power meter
Presenting a rare gem in Burbank, this property offers a unique opportunity with two APNs spanning over a spacious 13,000 sqft lot. Boasting multiple offices and work areas, this versatile space is primed for customization to suit your needs. The property features kitchen areas and two distinct commercial spaces, providing endless possibilities for business ventures or creative endeavors. With parking available in the back and dual street access, convenience meets potential in this exceptional find. Ready for your personal touch, seize the opportunity to make this property your own and unlock its full potential. Sale includes APNs 2445-029-013 and 2445-029-014.
Prime owner/User or investment opportunity in Burbank! First floor has been used as museum and it is approx. 1,511 Sq Ft with 2 remodeled ADA bathrooms. Second floor has 1 bed + 1 bath apartment approx. 600 Sq Ft. 6 parking spaces included. A must see!
Presenting 11635 Tuxford Street, a prime commercial property situated in the heart of Sun Valley! This versatile space offers 3,466 square feet, encompassing commercial, industrial, office, and warehouse areas on a generous 5,525 square foot lot. For added convenience, the property includes 6 covered parking spaces. The interior layout is highly adaptable to meet your specific needs, featuring 3 main rooms, a warehouse, and an upstairs lounge area with a bathroom. This property is strategically located in Sun Valley, offering close proximity to Lankershim Blvd and easy access to the 5 Freeway. Explore the endless possibilities of this commercial gem by contacting us to schedule a viewing. Don't miss the opportunity to make 11635 Tuxford Street the ideal space for your business endeavors.
Looking for car enthusiasts or collectors of any type looking for extra storage space while making income from rental units. What a great opportunity to find a flat 35,460 sqft lot with an RV|Car parking yard. Store all your vehicles, trucks, boats, water sport toys, etc. at the rear of this amazing parcel. The RV parking yard is completed gated and features a metal covered structure along with water, electricity & (3) sewer clean-outs. You can store so many cars in this approx. 9,000 sqft yard. LAR-1 zone non-conforming lot with 4 residences on the property that have been "grandfathered in". Garage conversations as well as the additions are legally permitted with C of O's with exception of the gas line to the stoves. Address are as follows: 11767, 11775, 11773 & 11771 plus garage conversions & additions which are the following: 11767-B, 11775-B & 11773-B. There is also a bonus room with 3/4 bath & office room with 3/4 bath, currently being used by the Seller for personal use. Living area square footage is larger than what is reflected with the tax assessors. Total income currently is $14,000 per month with potential for further growth. Property is completed gated with well manicured yards offering tons of charms. Each unit offers off-street parking behind the gated compound. (se
This is a great opportunity for an owner/user to purchase an industrial property in North Hollywood. The building consists of 3,800 square feet of nicely improved industrial space on 6,675 square feet of M2-zoned land. There are five roll up doors, two restrooms and twelve parking places. The majority of the building has epoxy floors and has been completely remodeled. The building has great access to the 5 Freeway and is located in the heart of the San Fernando Valley.
Redevelopment opportunity/owner/occupant land bank in this fast-growing NoHo neighborhood in the Lankershim Ranch. Discover an unparalleled opportunity to invest in a prestigious industrial property situated on the bustling Lankershim Blvd. in the heart of NoHo. Boasting a coveted location directly across from the iconic Hollywood Backlot Bungalows, 8265 Lankershim Blvd. offers an exceptional blend of visibility, accessibility, and potential for various commercial and industrial endeavors, such as City approved redevelopment in the LAM1 zone including but not limited to Industrial, Retail, Office and Restaurant uses. Lankershim Blvd. in Los Angeles is named in honor of the Lankershim family per Wikipedia. Isaac Lankershim struck his claim in Los Angeles buying and developing the 60,000 acres now known as North Hollywood, Van Nuys, Sherman Oaks, Encino, Tarzana and Woodland Hills. Be part of the Lankershim Legacy of Success! NoHo aka North Hollywood is booming with a friendly city climate for redevelopment in this growing neighborhood. This property consists of a 2,400 to 6,720 SF building on .7 acres / 30,492 SF parcel of valuable land. *Business is not for sale*
Over 30 empty burial spaces available for way below market value in the beautiful Valhalla Memorial Park Cemetery. The owner of these serene spaces privately owns a portion in the cemetery but is selling of his spaces privately / individually. If multiple spaces are purchased together, the owner is willing to sell for even less! These spaces have doubled in market value over the last few years. The Cemetery itself is home to Veteran heroes, old Hollywood royalty, aviation pioneers & many other locals that have found their final resting place here. The cemetery is located in a haven of tranquility, these sacred grounds offer more than just a final resting place, they provide a sanctuary for cherished memories to bloom eternally. The property remains well maintained & includes many warming features such as fountains, endless greenery, trees, scenic mountain views, watersides, memorials, museums, daily service & maintenance, & much more..... The listing price is per space. Single lots currently range from $20,995 & up to $32,995. Please feel free to reach out for further details.
Office and Warehouse Presenting 3608 W. Burbank Blvd, a highly visible commercial property in Burbank, CA. With ample parking, excellent signage opportunities, and a versatile layout, this property is well-suited for businesses seeking maximum exposure and a prime location.
Graceland Apartments, located at 107 N. Columbus Avenue, is a 13-unit historic American Four Square asset, located one block from the Glendale Americana. Current ownership has spent over one million dollars on capital improvements, including new electrical system, plumbing, and roofs. Spread across two parcels, Graceland Apartments has a strong unit mix, comprised of (2) 2 BD/1 BA, (6) 1 BD/1 BA, and (5) studios. Boasting spacious floorplans, the majority of the units have been thoughtfully restored to capitalize on the strong tenant base in the area. Current ownership has implemented a RUBS program across all units to improve operational efficiencies, allowing new ownership to operate the asset at a sub 30% expense ratio. Ten existing garages provide current income and also have the potential to be converted into (3) 2 BD/1 BA ADUs (approx. 700 SF each) for additional rental revenue of approximately $34,605 annually. Based on estimates, a new owner can achieve a return on cost of nearly 333%. by raising rents to market and investing into ADU construction.
Location, Location!! Close to the famous Glendale Galleria is this commercial property zoned Commercial/Office/Residential/Mix Use. So many possibilities, SB35? AB2011? The current use is an automotive garage with one unit behind it. Buyer to verify possible use with City of Glendale.
Commercial / Mixed Use property being used as a Triplex residential income property. 3 Units being rented out totaling $5,500 a month. Excellent opportunity for an Investor to expand their portfolio. Front of building is zoned for retail but being used as 3 bedroom | 1 bath rental. Rear of property with access from alley has 2 rental units available; both 1 bed | 1 bath.
Commercial C3 zone, multipurpose use. Floor to ceiling renovation in 2023, free standing building with additional 499 square feet with permit. Total square feet of 1,781 sf. Brand new roof, new energy saver Centralized Ac/heater, new plumbing, new electrical- Commercial wiring, new rear concrete parking with new Ada ramp, brand new building stucco, motorized front gate and ample parking spaces.
