This Multifamily Property is no longer advertised on LoopNet.com.

3720-3722 San Fernando Rd
Glendale, CA 91204

Rare Mixed-Use Investment Glendale CA · Multifamily Property For Sale · 6 Units

Apartment Buildings California Glendale 3720-3722 San Fernando Rd, Glendale, CA 91204

INVESTMENT HIGHLIGHTS

  • Rare Opportunity in Glendale, CA: Two-story Mixed-Use Building on San Fernando Rd.
  • Retail Tenant’s Recent Commitment Signals Property Stability.
  • Competitive Pricing: 6.25% CAP Rate Based on Current Income, Compelling for Investors.
  • Ground Floor: Retail Space; Second Floor: 5 Apartments + Office Unit; Total Area: 6,736 Sq Ft on a 5,090 Sq Ft Lot.
  • Charming Vintage Shell, but With Upgraded Major Systems, Including New Electric Meters and Wiring, Central Air/Heat for the Commercial Tenant
  • Potential for Increased Returns by Optimizing Rents on the Second Floor.

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 6,736 SF
No. Stories 2
Year Built/Renovated 1922/2016
Parking Ratio 1.19/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - 418
1+1 2 - 600
2+1 2 - 1,200

PROPERTY TAXES

Parcel Number 5640-034-015 Improvements Assessment $841,421
Land Assessment $2,321,169 Total Assessment $3,162,590

ZONING

Zoning Code GLM1
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  • Listing ID: 30743360

  • Date on Market: 1/23/2024

  • Last Updated:

  • Address: 3720-3722 San Fernando Rd, Glendale, CA 91204

More public record information on 3720-3722 San Fernando Rd, Glendale, CA 91204

The Tropico Multifamily Property at 3720-3722 San Fernando Rd, Glendale, CA 91204 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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