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Retail with Two SFR 3850 Foothill Blvd 6,331 SF Retail Building La Crescenta, CA 91214 $3,450,000 ($544.94/SF)
Investment Highlights
- Fully leased mixed-use asset with retail, automotive, and residential components
- Two single-family homes offer residential income with dedicated parking
- Zoned CH (Commercial Hillside) allowing flexible future use
- Enterprise Rent-A-Car and Campbell’s Automotive provide stable commercial tenancy
- Located in Glendale’s foothills with strong demographics and visibility
Executive Summary
This is an outstanding opportunity to acquire a mixed-use property that consists of four (4) separate buildings in the heart of the Glendale foothills. Enterprise Rent-A-Car occupies a retail building that is approximately 2,216 square feet. It has a NNN lease and is in the middle of a three-year option that expires December 31, 2027. It has an additional three-year option, and the rent for the option will be at fair market value. Campbell's Automotive Repair Service occupies an automotive building that is approximately 2,209 square feet and has four (4) bays. It has a modified gross lease and is in the middle of a two-year lease that expires October 1, 2026. It has an option for two additional years that expires October 1, 2028. There are two single-family homes on the property that are leased for one year commencing October 1, 2025. One house is 1,156 square feet and the other house is 750 square feet. Both houses have dedicated parking spaces. Contact broker for financial information.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,331 SF
Building Class
C
Year Built
1962
Price
$3,450,000
Price Per SF
$544.94
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.66 AC
Zoning
CH - Commercial Hillside
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5604-012-001 | Improvements Assessment | $409,966 |
| Land Assessment | $956,601 | Total Assessment | $1,366,567 |
Property Taxes
Parcel Number
5604-012-001
Land Assessment
$956,601
Improvements Assessment
$409,966
Total Assessment
$1,366,567
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Retail with Two SFR | 3850 Foothill Blvd
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