724 S Glenoaks Blvd - Churches FOR SALE


Burbank, CA 91502
$4,999,999 USD
818-484-8008
724 S Glenoaks Blvd, Burbank, CA for Sale
$4,999,999 USD
Churches - FOR SALE
1/46
null | 4.35% Cap Rate

NEW


724 S Glenoaks Blvd
Burbank, CA 91502


HIGHLIGHTS

  • Seller Financing, Special Financing for Church Property Purchase, Private School, Day Care Center for Adults and/or children.

OVERVIEW

Seller Financing Also is Available!!! One of a kind, unique opportunity for sale. If you were looking to relocate your church, school, care facility or looking to expand your current business into a special purpose property with over 17,000 sq ft of lot and over 10,000 sq ft of building space then this might be just the right property for you. Property is currently occupied by Calvary Baptist Church and may be delivered vacant or leased back. Please email GlendaleBroker@gmail.com for more information and details. Calvary Baptist Church – Property Overview ?? Location: Elmwood Ave & Glenoaks Blvd, Burbank, CA Prime Location Highlights • Corner lot in desirable Burbank, near Glendale • Excellent visibility along Glenoaks Blvd • Close proximity to Burbank Media Center and major freeways • Easily accessible via public transportation ________________________________________ Main Church Building Features • Formal Entry Hall with private offices on both sides • Nave & Chancel: Traditional worship layout with ample seating • Choir Balcony: Includes five pews and a loft storage area • Quiet Room: Directly connected to the worship area • Multi-Use Meeting Space: Ideal for classes, Bible study, or community gatherings • Additional Amenities: o Music room o Baptismal area o Private rooms for pastoral care or counseling ________________________________________ Detached Daycare Center • Toddler and Educational Classrooms • Bathrooms and Kitchen Area • Teacher’s Room • Upstairs Community Room with: o Two Study Rooms o Lavatory ________________________________________ Zoning & Development Opportunity • Zoned R4 – Multifamily residential • Lot Size: 17,510 sq ft (per city records) • Building Size: o 7,957 sq ft (City Records) o 10,256 sq ft (Appraiser Measurement) • Base Density: 12.5 units (17,510 ÷ 1,400) • Density Bonus: o With 15% (2 units) at Very Low Income, qualify for 50% bonus density o Final total: 20 units allowed (rounded from 19.5) • Access: Alley access offers added convenience for development and parking ________________________________________ Potential Uses • Place of Worship • Educational Facility • Private School • Adult Day Care Center (ADHC) • Daycare Center / Family Daycare Home • Community Care Facility • Nursing Home • Supportive Housing Services • Multifamily Development (up to 20 units) • Senior Care and Assisting Living • RCFE ( Residential Care Facility for the Elderly) • Home Care & Hospice • Residential Assisted Living • Board and Home Care • Medical Office • Urgent Care

FOR SALE DETAILS

PRICE

$4,999,999 USD

PRICE/SF

$488 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Schools, Sorority/Fraternity House, Shelter

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1944

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,402 SF

ZONING

BUR4

APN/PARCEL ID

5621-024-013

ASK ABOUT THIS PROPERTY

Eduard KhachatryanGlobal Equity PartnersMore Info
818-484-8008

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Eduard KhachatryanGlobal Equity PartnersMore Info
818-484-8008

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