Property Detail

Description

Located on a prime corner in North Glendale, 3450 N Verdugo Rd offers excellent visibility along one of the area’s busiest streets. The property is near key community anchors including Verdugo Hills Hospital, Montrose Shopping Center, Verdugo Park, and Oakmont Country Club—making it ideal for investors, developers, or owner-users.The site includes ±20,000 SF of land across two parcels and ±10,500 SF of improvements, featuring office space, a dome-shaped high-ceiling structure, a 7-bay mechanic shop, and ample parking. Zoned for flexible commercial uses, including warehousing, medical, retail, and auto operations. Currently occupied by month-to-month tenants at below-market rents, the property offers immediate income and repositioning potential. Approved development plans (ready to pull permits within 6 months) support a mixed-use project with apartments, retail, and 60+ parking spaces. Includes a $3.3M assumable loan with 2 years remaining—an added benefit for qualified buyers.