<<

2610 Canada Blvd. Glendale, CA 91208 FOR SALE

CAROLINE GIM Expert Real Estate & Investment 562 861 4311 Direct [email protected]

STEVE GIM Vice President NAI Capital Commercial Inc. 949.468.2333 Direct 562.822.0420 Mobile [email protected] CA DRE #01400546 Opportunity Overview: DAVID KNOWLTON, SIOR, CCIM NAI Capital Commercial, Inc and Expert Real Estate are proud to present a rare opportunity to own a beautiful Executive Vice President 1940’s Residential Duplex in desirable Glendale, CA. On the market for the first time in over 40 years, this NAI Capital Commercial, Inc. charming property features two spacious ; 2+2 and 2+1 units on 0.29 acres. The asset features original 949.468.2307 Direct hardwood floors and two fireplaces in each unit. In addition, there is plenty of onsite parking with a four‐car 949.887.7872 Mobile detached garage. Possible ADU garage conversion or completely redevelop into 4 units with the current R‐3050 Land Zoning Classification. Buyer to verify all information as part of their Due Diligence. [email protected] CA DRE #00893394

No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes onlyandmaybetrademarksoftheir respective companies. NAI C apital C ommercial, Inc. C A DR E Lic. #02130474. Property Details

Price: $1,841,500 Current Use: Duplex Residential

12,580 SF (74’ frontage x 170’ LOT SIZE ZONING Lot Description: depth) 12,580 SF R‐3050 allows up

Building Size: 3,683 SF to four (4) units # of Stories: 2 Year Built: 1940 Year Renovated; 2016 (Upstairs Unit) APN: 5653‐012‐011 Two (2) miles south of 210 & Glendale Freeway 2610 Canada Blvd Location: Interchange. Less than 1 mile to Oakmont Country Club and 3.5 miles to Glendale Galleria.

Sale Terms GLENDALE,

Due Diligence 14 days or sooner Period:

A91208 CA Escrow Period: 30 days or sooner

Financing: Cash to new loan .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Aerials 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Description of Units

Unit 2610 (Down)  Kitchen with breakfast area  Formal dining room  Large living room with fireplace  Den with fireplace  Two master bedrooms  Two full baths  New tankless water heater  Large outdoor patio  Original hardwood floors  Two (2) entries (rear entryway has space for washer/dryer)

Unit 2620 (Up)  Kitchen and bathrooms remodeled in 2016  Kitchen has modern gray tile flooring, white shaker cabinets, and slate gray Cesar Stone countertops

2610 Canada Blvd  Formal dining room  Large living room with fireplace  Two bedrooms  One full bath  38‐gallon water heater installed 2015  Front patio

GLENDALE,  Original hardwood floors  Two (2) entries (rear entryway has space for washer/dryer)

A91208 CA Detached Garage  Four car spots  Small workshop area .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Property Photos 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Property Photos

Lower Unit 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Property Photos

Lower Unit 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Property Photos

Upper Unit 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Property Photos

Upper Unit 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Income & Expenses 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Assessor’s Parcel Map 2610 Canada Blvd GLENDALE,

Zoning Overview

A91208 CA R‐3050 (Moderate Density Residential) Zone. The R‐3050 zone is intended primarily as a zone for moderate density residential development with a minimum of three thousand fifty (3,050) square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to act as a transition and buffer between low density residential land uses and more intensive development, and to stabilize well maintained neighborhoods that have been developed generally in harmony with the open space and other . amenities associated with low and moderate density residential land uses.

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Development Standards Minimum Area/Width N/A

Residential Density Maximum 1 dwelling unit per 3,050 SF of lot area

Floor Area Ratio Maximum 0.65

Lot Coverage (2) 50% maximum including all residential and accessory buildings

Setbacks Required (2) See Section 30.11.070 for setback exceptions

Street Front 25’ minimum 5’ minimum and an average of 8’ for the first residential floor; not less than 8’ and an average of 11’ for the second Street Side residential floor; and not less than 11’ and an average of 14’ for the third residential floor (see Diagram 2 in Figure 30.11.030)

5’ minimum and an average of 8’ for the first residential floor; not less than 8’ and an average of 11’ for the second Interior residential floor; and not less than 11’ and an average of 14’ for the third residential floor (see Diagram 2 in Figure 30.11.030)(1)

Interior when abutting the ROS, R1R or R1 8’ minimum and an average of 11’ for the first residential floor; not less than 11’ and an average of 14’ for the zones (excluding chimneys, railings and second residential floor; and not less than 17’ and an average of 20’ for the third residential floor (see Diagram 3 in vents) Figure 30.11.030)(1) 2610 Canada Blvd Height Limits (2) 12’, or 15’ where a minimum roof pitch of 3’ in 12’ is provided, pursuant to the definition of height set forth in this Accessory Buildings title Accessory Structures 15’ pursuant to the definition of height set forth in this title Minimum Permanently Landscaped Open GLENDALE, 30% of lot area. See Chapter 30.31 for additional requirements Space (2) Parking and Loading As required by Chapter 30.32 (Parking and Loading)

Design Review As required by Chapter 30.47 (Design Review)

A91208 CA

Notes: (1) For additions to existing dwelling units where only one (1) dwelling unit exists on the lot and for which a building permit was issued prior to December 14, 1995, see Section 30.11.070. (2) For lot coverage, setback, height, and landscape open space requirements, see Section 30.30.050. .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Demographics

Population 1 Mile 3 Mile 5 Mile 2021 Estimated Population 9,611 129,721 403,293

2026 Projected Population 9,404 128,171 399,130

2021 Estimated Households 3,779 52,128 153,036

2026 Projected Households 3,861 53,796 158,022

2021 Total Businesses 363 9,149 22,319

Income 1 Mile 3 Mile 5 Mile 2021 Estimated Household Income: Average $153,645 $128,552 $115,042

2021 Estimated Household Income: Median $112,780 $95,350 $86,749

2021 Estimated Per Capita Income $60,408 $51,692 $43,758

2610 Canada Blvd 2026 Projected Household Income: Average $188,840 $153,369 $137,309

2026 Projected Household Income: Median $130,025 $109,191 $100,041

2026 Projected Per Capita Income $77,534 $64,406 $54,468 GLENDALE, Households 1 Mile 3 Mile 5 Mile 2021 Estimated Households 3,779 52,128 153,036

2026 Projected Households 3,861 53,796 158,022

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 Retail Aerial 2610 Canada Blvd GLENDALE,

A91208 CA .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394 City of Glendale

Glendale lies in the Verdugo Mountains, and is a suburb in the Los Angeles metropolitan area. The city is bordered to the northwest bytheSunValleyandTujunganeighborhoodsofLosAngeles;tothenortheast by La Cañada Flintridge and the unincorporated area of La Crescenta; to the west by Burbank and Griffith Park; to the east by Eagle Rock and Pasadena; to the south by the Atwater Village neighborhood of Los Angeles; and to the southeast by Glassell Park neighborhood of Los Angeles. The Golden State, Ventura, Glendale, and Foothill freeways run through the city.

Several large companies have headquarters in Glendale including the U.S. headquarters of International House of Pancakes, the Los Angeles regional office of California's State Compensation Insurance Fund and Americas United Bank. Glendale, along with Burbank, has served as a major production center for the U.S. entertainment industry and the U.S. industry in particular for several decades. First came the Company headquarters for Imagineering, followed in the 1980s by other divisions and offices. Today, Disney's Grand Central Creative Campus is home to Consumer Products, Disney Interactive, the Muppets Studio, and Studios. From 1985 to 1995, Walt Disney Animation Studios was headquartered in the Grand Central Business Centre, meaning that most of the films of the Disney Renaissance era were actually developed in Glendale. , a division of WDAS, is still located in the Grand Central Business Centre, along with the Animation Research Library, Disney Animation's archive. Disney‐owned KABC‐TV is located on Circle 7 Drive. 2610 Canada Blvd

City of Glendale Contact Information; https://www.glendaleca.gov/  Community Development: (818) 548‐2140

GLENDALE,  Economic Development: (818) 548‐2005  Building & Safety/Permit Services: (818) 548‐3200  Housing: (818) 548‐3936

A91208 CA  Planning & Zoning Info: (818) 548‐2115 .

David Knowlton, SIOR, CCIM Caroline Gim Steve Gim, Vice President Executive Vice President Expert Real Estate & Investment 949.468.2333 Direct 949.468.2307 Direct 562 861 4311 Direct [email protected] [email protected] [email protected] CA DRE #01400546 CA DRE #00893394