3850 Foothill Blvd - Retail FOR SALE


La Crescenta, CA 91214
$3,495,000 USD
818-956-7001
3850 Foothill Blvd, La Crescenta, CA for Sale
$3,495,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

3850 Foothill Blvd
La Crescenta, CA 91214


HIGHLIGHTS

  • Fully leased mixed-use asset with retail, automotive, and residential components
  • Enterprise Rent-A-Car and Campbell’s Automotive provide stable commercial tenancy
  • Two single-family homes offer residential income with dedicated parking
  • Located in Glendale’s foothills with strong demographics and visibility
  • Zoned CH (Commercial Hillside) allowing flexible future use

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail with Two SFR

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,169 SF

ZONING

CH

APN/PARCEL ID

5604-012-001

ASK ABOUT THIS PROPERTY

Kris HonsStevenson Real Estate ServicesMore Info
818-956-7001

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Kris HonsStevenson Real Estate ServicesMore Info
818-956-7001

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