$1,200,000
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
GD26072274
MLS
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Active
Status
4160 Verdugo Road, Glassell Park