4160 Verdugo Road, Glassell Park, CA 90065

$1,200,000

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List Price
$1,200,000
Status
ACTIVE
MLS#
GD26072274
Year Built
1981
Lot Size
5,202
Acres
0.12
Lot Location
0-1 Unit/Acre
Days on Market
118
Property Type
Commercial
Property Sub Type
Office

Property Description

Excellent owner-user opportunity for a gated Commercial Zone 4 building in a highly desirable Northeast Los Angeles location. Conveniently situated near the border of Glendale, Eagle Rock, Highland Park, Atwater Village. Easy access to 2 , 5, 110 & 134 Freeway . LAC4 ZONED, (Commercial Zone 4) is a high-intensity commercial designation. It primarily supports large-scale commercial uses like retail, restaurants, offices, multi-family residential and Affordable Housing Projects including Incentive Programs. Permitted Uses Commercial: Retail stores, restaurants, theaters, and medical offices. Residential: Multiple-family dwellings (apartments/condos) are permitted, typically following the density and yard requirements of the R4 zone. Community/Institutional: Churches, child care facilities, and philanthropic institutions. Newley Added and Rebuilt in 1981. The building features 1612 SQFT .With a welcoming reception area, 5 private offices + a kitchen, and 2 restrooms. The site also includes an approximately 220 SQFT Garage/Storage unit and additional space at the rear of the property, providing flexibility for storage or other uses. A great opportunity for an owner-user seeking a well-located office property. Gated Parking located at front with easy In & Out, convenient for commercial trucks . Clean Environmental Report, Assumable SBA Loan. Also available for Lease $5k per Month Gross. FINANCE is available 5.29% for 5 year fixed, or 5.99% for 20 year fixed, 25 year amortization, No prepayment penalty ,$1,000 toward commercial appraisal/evaluation with only 20% down

Additional Information

Cooling
Yes
Cooling Description
Central Air
Roof
Flat
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Manvel Solakian (manuelsolakian@msn.com) from Listing Office: Keller Williams R. E. Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.