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1140 E Chevy Chase Dr 4,821 SF 100% Leased Office Building Glendale, CA 91205 $4,288,478 CAD ($889.54 CAD/SF) 2.77% Cap Rate
INVESTMENT HIGHLIGHTS
- Commercial and Residential
EXECUTIVE SUMMARY
WHY RENT WHEN YOU CAN OWN YOUR OWN BUILDING! Turn-key Dental office occupies the commercial spaces. This exceptional mixed-use property offers a unique investment opportunity, combining a thriving Dental office with six multi-family residential units. Located in the City of Glendale, this property benefits from a desirable location, stable income streams, and potential for long-term appreciation. A well-established dental practice occupies the commercial space. There are 2 unit commercial space. The Dental office is also for sale and features 3 dental chairs, actively in operation. It is still a busy practice and business.
The combination of Commercial and Residential uses creates a synergistic effect, enhancing th overall value and appeal of the property. With a stable Dental office and six residential units, this property offers a consistent and diversified income stream. Price is still negotiable.
Call Marlene at 818-450-9704 for more information TEXT ME PLEASE.
The combination of Commercial and Residential uses creates a synergistic effect, enhancing th overall value and appeal of the property. With a stable Dental office and six residential units, this property offers a consistent and diversified income stream. Price is still negotiable.
Call Marlene at 818-450-9704 for more information TEXT ME PLEASE.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$213,267
|
$44.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,663
|
$2.21
|
| Effective Gross Income |
$202,604
|
$42.03
|
| Taxes |
$23,517
|
$4.88
|
| Operating Expenses |
$70,552
|
$14.63
|
| Total Expenses |
$94,070
|
$19.51
|
| Net Operating Income |
$108,534
|
$22.51
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $213,267 |
| Annual Per SF | $44.24 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,663 |
| Annual Per SF | $2.21 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $202,604 |
| Annual Per SF | $42.03 |
| Taxes (CAD) | |
|---|---|
| Annual | $23,517 |
| Annual Per SF | $4.88 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $70,552 |
| Annual Per SF | $14.63 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $94,070 |
| Annual Per SF | $19.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $108,534 |
| Annual Per SF | $22.51 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Building Size
4,821 SF
Building Class
C
Year Built
1946
Price
$4,288,478 CAD
Price Per SF
$889.54 CAD
Cap Rate
2.77%
NOI
$118,694 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,821 SF
Building FAR
0.38
Lot Size
0.29 AC
Zoning
GLC3* - Zone for commercial and residential.
Parking
6 Spaces (1.24 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Daniel T. Estacio DDS
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Daniel T. Estacio DDS | Health Care and Social Assistance | - | - | - |
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 5676-001-007 | Total Assessment | $2,182,814 CAD (2025) |
| Land Assessment | $1,898,110 CAD (2025) | Annual Taxes | $23,517 CAD ($4.88 CAD/SF) |
| Improvements Assessment | $284,704 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5676-001-007
Land Assessment
$1,898,110 CAD (2025)
Improvements Assessment
$284,704 CAD (2025)
Total Assessment
$2,182,814 CAD (2025)
Annual Taxes
$23,517 CAD ($4.88 CAD/SF)
Tax Year
2024
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1140 E Chevy Chase Dr
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