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Additional details
Listed by Arthur Mangassarian • Re/Max Tri-City Realty
$4,875,000
Est. payment /mo
10,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $464
MLS Listing ID CRGD25222239
HOA Y/N No
Lot Size 0.478 Acres
Property Sub-Type Retail
Source Datashare California Regional
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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Vicky Van Brocklin
Broker | License ID: 01512910
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