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1514 Gardena Avenue
Glendale, CA 91204

Price: $700,000 Zoning: GLM2*
Bldg SF: 1,332 SF Price/SF: $526
Land SF: 3,225 SF Occupancy: 48%
Year Built:  1920 Property Type: SFR/Retail Mixed-Use
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Address: 1514 Gardena Avenue, Glendale, CA 91204
Bldg SF: 1,332 SF
Land SF: 3,225 SF
Year Built: 1920
Price/SF: $526
Occupancy:  48%
Property Type: SFR/Retail Mixed-Use
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Investment Highlights

Excellent Glendale Location

 

  • Ideally located within 3 miles of downtown Glendale

  • Located less than 2 miles from The Americana at Brand and Glendale Galleria

  • Home to major entertainment industry companies such as Disney and DreamWorks

  • Surrounded by freeways, which contributes to the ease of transportation

 

Ideal Location for a Mixed-Use Property

 

  • Walking distance from retail amenities such as Costco, Best Buy, Starbucks and CVS

  • Surrounded by various industries including healthcare, automotive and entertainment

 

Owner-User or Value-Add Opportunity

 

  • The commercial unit is vacant, creating a unique opportunity for an owner-user buyer to occupy the property

  • Immediate upside available through stabilization

 

Strong Demographics and Population Density

 

  • Over 35,000 people within one mile and over 838,000 people within 5 miles of the subject property

  • Over 313,000 households located within 5 miles of the property

  • Average Income of $73,460 within one mile and over $92,000 within three miles of the subject property

  • Median household income of $53,303 within one mile and over $68,000 within 3 miles of the subject property

 

Sub-Market Saturated with Industry & Retail Amenities

 

  • Close proximity to The Americana At Brand and the Glendale Galleria

  • Local retailers include: Costco, Starbucks, Nordstrom, Target, Pandora, Banana Republic, Sprinkles, In-N-Out Burger, Warby Parker, Dick’s Sporting Goods, JC Penney, HomeGoods

  • Local restaurants include: Starbucks, Sizzler, Gengis Khan, Katsuya, Laduree, Le Pain Quotidien, Lemonade, The Cheesecake Factory, Trattoria Amici, Eggslut

  • Major employers include: ABC Mouse, Disney Consumer Products, DreamWorks Studios, Walt Disney Animation Studios, TechniColor, ServiceTitan