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Investment Highlights
- RARE OWNER/USER OR INVESTMENT OPPORTUNITY
- EXCESS LAND WITH PARKING EXPANSION POTENTIAL
- 100% VACANT AT CLOSE OF ESCROW
- BLOCK-TO-BLOCK SITE WITH REAR ALLEY ACCESS
- FUTURE DEVELOPMENT POTENTIAL
- MAJOR THOROUGHFARE WITH FREEWAY ACCESS
Executive Summary
CBRE, Inc., as exclusive advisor, is pleased to present a rare owner/user or investment opportunity located at 6246-6254 San Fernando Road in Glendale,
California (the “Property”). The Property comprises three contiguous single-story buildings totaling approximately 11,378 square feet, situated on approximately
0.73 acres across six parcels on the north side of San Fernando Road. All three buildings were most recently occupied by Charter/Spectrum and will be
delivered 100% vacant at the close of escrow, providing immediate occupancy for an owner/user or a value-add investor seeking to lease out the units.
The Property is being offered at an asking price of $3,500,000 ($308/SF) and is being sold in its as-is, where-is condition. Buyers are encouraged to conduct all
independent due diligence prior to the close of escrow.
**Tower not a part of sale and will remain under separate ownership with recorded access easements.**
California (the “Property”). The Property comprises three contiguous single-story buildings totaling approximately 11,378 square feet, situated on approximately
0.73 acres across six parcels on the north side of San Fernando Road. All three buildings were most recently occupied by Charter/Spectrum and will be
delivered 100% vacant at the close of escrow, providing immediate occupancy for an owner/user or a value-add investor seeking to lease out the units.
The Property is being offered at an asking price of $3,500,000 ($308/SF) and is being sold in its as-is, where-is condition. Buyers are encouraged to conduct all
independent due diligence prior to the close of escrow.
**Tower not a part of sale and will remain under separate ownership with recorded access easements.**
Property Facts
| Price | $3,500,000 | Lot Size | 0.73 AC |
| Price Per SF | $307.61 | Building Size | 11,378 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1969 |
| Property Subtype | Radio/TV Transmission Facility | Parking Ratio | 1.76/1,000 SF |
| Building Class | C | ||
| Zoning | MU-R - Industrial/Commercial Residential Mixed Use | ||
| Price | $3,500,000 |
| Price Per SF | $307.61 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Radio/TV Transmission Facility |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 11,378 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | MU-R - Industrial/Commercial Residential Mixed Use |
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5623-034-011 | Improvements Assessment | $234,387 |
| Land Assessment | $388,283 | Total Assessment | $622,670 |
Property Taxes
Parcel Number
5623-034-011
Land Assessment
$388,283
Improvements Assessment
$234,387
Total Assessment
$622,670
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