Asking Price: $3,300,000

This property offers a rare combination of income-generating potential through a unit mix of 1 retail unit and 8 residential units. The property's Industrial/Commercial Mixed Use (IMU R) zoning allows for a range of uses, including office, retail, and residential. The property features a total of 5,729 square feet, with a lot area of 4,871 SF and 5 parking spaces. The unit mix consists of 6 one-bedroom, one-bath units, 1 two-bedroom, two-bath and 1 retail unit. Located in the heart of Glendale, California, this property offers convenient access to major thoroughfares, including the Ventura (134) and Golden State (5) highways. The property is close to a variety of local amenities, including the Americana at Brand outdoor shopping and dining complex, the Glendale Galleria shopping mall, the Glendale Civic Center and City Hall, the Glendale Public Library, the Glendale Unified School District, the Metro Gold Line light rail station, DreamWorks Animation, Disney Studios, and Walt Disney Imagineering. Even though there are currently no citywide rent control restrictions, 5940 San Fernando Road is subject to AB-1482.This prime location and versatile zoning makes 5940 San Fernando Road an attractive opportunity for investors seeking to capitalize on the city's growing demand for housing and commercial space.