Commercial property
Listing Agent: Vineendra Jain (DRE #01413466) · Listing Office: Ingenious Asset Group, Inc. · Contact: 310-331-8552 · Bought with: Vineendra Jain · Ingenious Asset Group, Inc. · MLS #22223964 · Source: CRMLS
Great 5-unit retail strip center located in primary commercial street, San Fernando Road, in the city of Glendale. For sale AFTER 21 years! Right at the signalized intersection of San Fernando Rd and Sonora Ave. with high traffic counts. Zoning per title is GLC3. Great current income with upside potential, and low expenses. Great upside potential for a long-term investor. Phase I (completed Dec. 2021) and Limited Phase II Subsurface Investigation (completed in Feb. 2022), for refinance purposes. Conclusions were acceptable to the lender and did not require any further investigations or remedial work. However, buyer(s) are advised to conduct their own due diligence. Sold AS IS and WHERE IS. Please see attached property set-up sheet and rent roll for additional information.
Listing description from the April 2023 sale, as reported to CRMLS.