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3600-3604 Foothill Blvd
La Crescenta, CA 91214

$1,695,000 USD

Storefront Retail Office For Sale  •  4,000 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 4,000 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 5.02 %
  • Tenancy Multiple
  • Zoning CH
30 Transit Score
81 Walk Score

Highlights

Freestanding signalized corner retail property with tremendous exposure
All retail tenants are on NNN leases with minimal Landlord responsibility
All leases have a minimum 3% annual increase or CPI, whichever is higher
Newer roof and HVAC - less than 2 years old
4 Storage units included that can double as additional parking
Easily accessible rear parking lot with 12 spaces - Owner/User can occupy 885 SF

Financial Summary (Proforma)

Net Operating Income: $85,052 USD (2024)
Cap Rate: 5.02 %
Total Expenses: $35,053 USD

Amenities

  • Corner Lot
  • Signalized Intersection
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) 16 min - 9.8 mi
AirportDriveWalkDistance
Bob Hope 17 min - 10.0 mi
Los Angeles International 45 min - 29.7 mi
Long Beach (Daugherty Field) 50 min - 36.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Artak Dovlatyan 818-546-1212 Specialized Realty, Inc.
Artak Dovlatyan 818-546-1212 Specialized Realty, Inc.