Prime Glendale Retail Purchase Opportunity | 1532 Riverside Dr
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Prime Glendale Retail Purchase Opportunity 1532 Riverside Dr
3,748 SF Retail Building Glendale, CA 91201 $1,800,000 ($480/SF)
Investment Highlights
- Price Reduced! Heavy Traffic Commercial Corner Location
- Close to Los Angeles Equestrian Center and Pickwick Gardens Recreation Center
- Adjacent to Griffith Park and Burbank
- Potential Development Site
Executive Summary
Price reduced! Seller motivated! 3,748± SF retail building on 10,160± SF of land. Currently occupied by De Moor's Feed & Tack. Fantastic exposure and visibility. Adjacent to the Bette Davis Picnic Area (green space next to the Los Angeles River) and Griffith Park. Located at the southwest corner of Riverside Drive and Rancho Avenue — One block west of Victory Blvd. 1/2-mile east of the Los Angeles Equestrian Center and Pickwick Gardens & Recreation Center. 1/2-mile west of the Golden State (I-5) Freeway. Adjacent to the City of Burbank. 130' frontage on Riverside Drive and 125' frontage on Rancho Avenue. 29,190 vehicles per day traffic count at Riverside Drive and Victory Blvd (2022). Potential development site.
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,748 SF
Building Class
C
Year Built
1940
Price
$1,800,000
Price Per SF
$480
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.23 AC
Zoning
LA RE40
Frontage
Walk Score ®
Very Walkable (75)
Bike Score ®
Biker's Paradise (97)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5626-009-002 | Improvements Assessment | $209,080 |
Land Assessment | $975,733 | Total Assessment | $1,184,813 |
PROPERTY TAXES
Parcel Number
5626-009-002
Land Assessment
$975,733
Improvements Assessment
$209,080
Total Assessment
$1,184,813
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Prime Glendale Retail Purchase Opportunity | 1532 Riverside Dr
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