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$ 4,875,000
Est. payment | /mo
0.48 Acres Lot
$ 4,875,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25222239
HOA Y/N No
Lot Size 0.478 Acres
Property Sub-Type Retail
Property Description
Located on a prime corner in North Glendale, 3450 N Verdugo Rd offers excellent visibility along one of the area's busiest streets.
The property is near key community anchors including Verdugo Hills Hospital, Montrose Shopping Center, Verdugo Park, and
Oakmont Country Club—making it ideal for investors, developers, or owner-users.The site includes ±20,000 SF of land across two
parcels and ±10,500 SF of improvements, featuring office space, a dome-shaped high-ceiling structure, a 7-bay mechanic shop,
and ample parking. Zoned for flexible commercial uses, including warehousing, medical, retail, and auto operations. Currently
occupied by month-to-month tenants at below-market rents, the property offers immediate income and repositioning potential.
Approved development plans (ready to pull permits within 6 months) support a mixed-use project with apartments, retail, and 60+
parking spaces. Includes a $3.3M assumable loan with 2 years remaining—an added benefit for qualified buyers.
The property is near key community anchors including Verdugo Hills Hospital, Montrose Shopping Center, Verdugo Park, and
Oakmont Country Club—making it ideal for investors, developers, or owner-users.The site includes ±20,000 SF of land across two
parcels and ±10,500 SF of improvements, featuring office space, a dome-shaped high-ceiling structure, a 7-bay mechanic shop,
and ample parking. Zoned for flexible commercial uses, including warehousing, medical, retail, and auto operations. Currently
occupied by month-to-month tenants at below-market rents, the property offers immediate income and repositioning potential.
Approved development plans (ready to pull permits within 6 months) support a mixed-use project with apartments, retail, and 60+
parking spaces. Includes a $3.3M assumable loan with 2 years remaining—an added benefit for qualified buyers.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Fireplace No
Laundry None
Building
Lot Description 21-25 Units/Acre
Story 1
Water Public
Others
Tax ID 5613007011
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Special Listing Condition Standard
Listed by Arthur Mangassarian Re/Max Tri-City Realty 818-636-8899
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