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1140 E Chevy Chase Dr 4,821 sq ft 100% Let Office Property Glendale, CA 91205 £2,308,911 (£478.93/sq ft) 2.77% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Commercial and Residential
EXECUTIVE SUMMARY
WHY RENT WHEN YOU CAN OWN YOUR OWN BUILDING! Turn-key Dental office occupies the commercial spaces. This exceptional mixed-use property offers a unique investment opportunity, combining a thriving Dental office with six multi-family residential units. Located in the City of Glendale, this property benefits from a desirable location, stable income streams, and potential for long-term appreciation. A well-established dental practice occupies the commercial space. There are 2 unit commercial space. The Dental office is also for sale and features 3 dental chairs, actively in operation. It is still a busy practice and business.
The combination of Commercial and Residential uses creates a synergistic effect, enhancing th overall value and appeal of the property. With a stable Dental office and six residential units, this property offers a consistent and diversified income stream. Price is still negotiable.
Call Marlene at 818-450-9704 for more information.
The combination of Commercial and Residential uses creates a synergistic effect, enhancing th overall value and appeal of the property. With a stable Dental office and six residential units, this property offers a consistent and diversified income stream. Price is still negotiable.
Call Marlene at 818-450-9704 for more information.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£114,823
|
£23.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£5,741
|
£1.19
|
| Effective Gross Income |
£109,082
|
£22.63
|
| Taxes |
£12,662
|
£2.63
|
| Operating Expenses |
£37,985
|
£7.88
|
| Total Expenses |
£50,647
|
£10.51
|
| Net Operating Income |
£58,435
|
£12.12
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £114,823 |
| Annual Per sq ft | £23.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | £5,741 |
| Annual Per sq ft | £1.19 |
| Effective Gross Income | |
|---|---|
| Annual | £109,082 |
| Annual Per sq ft | £22.63 |
| Taxes | |
|---|---|
| Annual | £12,662 |
| Annual Per sq ft | £2.63 |
| Operating Expenses | |
|---|---|
| Annual | £37,985 |
| Annual Per sq ft | £7.88 |
| Total Expenses | |
|---|---|
| Annual | £50,647 |
| Annual Per sq ft | £10.51 |
| Net Operating Income | |
|---|---|
| Annual | £58,435 |
| Annual Per sq ft | £12.12 |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Portfolio Sale
Property Type
Office
Property Subtype
Office / Residential
Property Size
4,821 sq ft
Costar Property Class
C
Year Built
1946
Price
£2,308,911
Price per sq ft
£478.93
Yield
2.77%
NOI
£63,905
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,821 sq ft
Plot ratio
0.38
Total Plot Size
0.29 ac
Use Class
GLC3* - Zone for commercial and residential.
Parking
6 Spaces (1.24 Spaces per 1,000 sq ft Leased)
AMENITIES
- Security System
- Storage Space
- Air Conditioning
- Balcony
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Daniel T. Estacio DDS
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Daniel T. Estacio DDS | Health Care and Social Assistance | - | - | - |
Walk Score®
Easily Walkable (85)
PROPERTY TAXES
| Parcel Number | 5676-001-007 | Total Assessment | £1,170,511 (2025) |
| Land Assessment | £1,017,842 (2025) | Annual Taxes | £12,662 (£2.63/sq ft) |
| Improvements Assessment | £152,670 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5676-001-007
Land Assessment
£1,017,842 (2025)
Improvements Assessment
£152,670 (2025)
Total Assessment
£1,170,511 (2025)
Annual Taxes
£12,662 (£2.63/sq ft)
Tax Year
2024
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1140 E Chevy Chase Dr
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