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1461 E Chevy Chase Dr
Glendale, CA 91206
Office Property For Sale
Investment Highlights
- DO NOT GO ONTO THE PROPERTY OR DISTURB TENANTS. COORDINATE ALL SHOWINGS WITH LISTING AGENT.
Executive Summary
Outstanding opportunity to purchase an office building located less than 500 feet from the Adventist Health Glendale
campus; excellent potential for a medical building conversion with all spaces having grade level access; the two-story, walkup office building is available for an owner-user to immediately occupy over 1/2 of the gross building square footage; the
entire building can be available for occupancy in less than one (1) year; there are two existing tenants, one tenant is
month-to-month paying $2,076.18 per month and the other tenant has a lease that expires January 31, 2027 and is paying
$4,096.32 per month (including CAM and utility costs); twenty-four (24) parking spaces on-site
DO NOT GO ONTO THE PROPERTY OR DISTURB TENANTS. COORDINATE ALL SHOWINGS WITH LISTING AGENT.
campus; excellent potential for a medical building conversion with all spaces having grade level access; the two-story, walkup office building is available for an owner-user to immediately occupy over 1/2 of the gross building square footage; the
entire building can be available for occupancy in less than one (1) year; there are two existing tenants, one tenant is
month-to-month paying $2,076.18 per month and the other tenant has a lease that expires January 31, 2027 and is paying
$4,096.32 per month (including CAM and utility costs); twenty-four (24) parking spaces on-site
DO NOT GO ONTO THE PROPERTY OR DISTURB TENANTS. COORDINATE ALL SHOWINGS WITH LISTING AGENT.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
8,400 SF
Building Class
C
Year Built
1963
Price
$5,250,000
Price Per SF
$625
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,207 SF
Building FAR
0.54
Lot Size
0.36 AC
Zoning
C3 1, Glendale - Commercial Service Height District I)
Parking
24 Spaces (2.86 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 5661-005-020 | Improvements Assessment | $737,946 |
| Land Assessment | $1,229,920 | Total Assessment | $1,967,866 |
Property Taxes
Parcel Number
5661-005-020
Land Assessment
$1,229,920
Improvements Assessment
$737,946
Total Assessment
$1,967,866
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