3450 N Verdugo Rd - Storefront FOR SALE


Glendale, CA 91208- Montecito Park
$4,875,000 USD
818-549-9000
3450 N Verdugo Rd, Glendale, CA for Sale
$4,875,000 USD
Storefront - FOR SALE
1/30
null | 5.61% Cap Rate

Nov '25


3450 N Verdugo Rd
Glendale, CA 91208
Montecito Park


HIGHLIGHTS

  • Excellent for Med use or owner occupied, Bloscks FRom Verdugo Hills hpsital
  • Assumable financing fpr $3,300,000
  • Plans available for 22 Units + 4,000 f of retail

OVERVIEW

Price reduced over $600,0000, 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.

FOR SALE DETAILS

PRICE

$4,875,000 USD

PRICE/SF

$464 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,827 SF

ZONING

C3

APN/PARCEL ID

5613-007-011,5613-007-012

ASK ABOUT THIS PROPERTY

Arthur MangassarianRE/MAX CommercialMore Info
818-549-9000

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Arthur MangassarianRE/MAX CommercialMore Info
818-549-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.