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Investment Highlights
- Main Street frontage
- Value add opportunity with vacant building
- 3 of 4 buildings Air Conditioned
- Great tenant mix
- Long standing tenants (no options to extend)
- Above standard on-site parking
Executive Summary
4 Buildings situated on two parcels side by side, less than 1 block from Glendale City limit in Los Angeles (Glassell Park). 3 of 4 buildings are leased to long standing tenants, one building will be delivered vacant (+/-4,000 sf) at the close. Deferred maintenance on the vacant building, the balance of the buildings are well kept, and insulated and fully air conditioned. The property has excellent exposure and street visibility along N. San Fernando Road, and all buildings have their own dedicated on-site parking. Clear height ranges from 12-18 feet varying from building to building (bow truss ceilings). Good tenant mix in a variety of industries with long standing customer bases, and recognized in their respective industries. *See attached Offering Memorandum for Financials and current lease information.
Property Facts
| Price | $8,852,295 CAD | Number of Properties | 4 |
| Price / SF | $475.93 CAD / SF | Individually For Sale | 0 |
| Sale Condition | 1031 Exchange | Total Building Size | 18,600 SF |
| Sale Type | Investment | Total Land Area | 3.02 AC |
| Status | Active |
| Price | $8,852,295 CAD |
| Price / SF | $475.93 CAD / SF |
| Sale Condition | 1031 Exchange |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 18,600 SF |
| Total Land Area | 3.02 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3630 Tyburn St, Los Angeles, CA 90065 | Industrial | 5,300 SF | 1952 | - |
| 3462 N San Fernando Rd, Los Angeles, CA 90065 | Industrial | 5,300 SF | 1952 | - |
| 3452 N San Fernando Rd, Los Angeles, CA 90065 | Industrial | 4,000 SF | 1940 | - |
| 3458 N San Fernando Rd, Los Angeles, CA 90065 | Retail | 4,000 SF | 1951 | - |
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N San Fernando & Tyburn Industrial
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