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3119-3121 Glendale Blvd
Los Angeles, CA 90039

$1,900,000 USD

Storefront Retail Office For Sale  •  1,565 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 1,565 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1947
  • Cap Rate 5.37 %
  • Tenancy Multiple
  • Zoning C4-1XL-RIO-POD
53 Transit Score
90 Walk Score

Highlights

NNN Investment Sale Leaseback (5.37 CAP in place) or Owner User Opportunity
Seller has operated their Dental Practice at this location for 20+ years and are willing to Leaseback, terms negotiable.
Seller is willing to sell to an Owner-user.
Sweet Secret Los Angeles has a lease until March 31st, 2027, plus a five (5) year option to renew.
On-site and street parking for customers and employees.
High-visibility Signage Opportunity on Glendale Blvd.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $102,000 USD (2023)
Cap Rate: 5.37 %

Major Tenants

Tenant SF Occupied Lease End Date
General Dentist 1,065 SF 7/30/2029
Sweet Secret 500 SF 3/31/2027

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 2 min 20 min 1.1 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 10 min - 5.8 mi
AirportDriveWalkDistance
Bob Hope 16 min - 11.3 mi
Los Angeles International 33 min - 18.7 mi
Long Beach (Daugherty Field) 38 min - 26.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Mauricio Olaiz 626-240-2773 Lee & Associates
Mauricio Olaiz 626-240-2773 Lee & Associates