March 30, 2023
Patrick Long, Vice President, DRE #: 01831830, 818.956.7001 x134; Stevenson Real Estate Services, DRE #: 00983560; 1111 North Brand Boulevard, Suite 250, Glendale, CA 91202
March 30, 2023
INDUSTRIAL SPACE LEASED!; 7127 Vineland Avenue, Suites A, B & C LEASED!; 7127 Vineland Avenue, Suites D & E LEASED!; North Hollywood, CA 91605; Rory Cameron, Kris Hons and Randy Stevenson represented both the landlord and tenant in the leases of Suites A, B & C, 2,280 SF and Suites D & E, 1,520 SF. For more information, contact Rory x152, Kris x127 or Randy x155 at 818.956.7001. Rory Cameron DRE #: 02134664. Kris Hons DRE #: 01807261. Randy Stevenson DRE #: 01228475. Stevenson Real Estate Services DRE #: 00983560.
March 27, 2023
5048 Cartwright Avenue, North Hollywood, CA 91601; three bedrooms + two bathrooms; 1,564 SF of building on 6,250 SF of land; Patrick Long represented both the seller and buyer in the sale of this single family residential property. For more information, contact Patrick at (818) 956 7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.
March 23, 2023
231 – 235 East Valencia Avenue
Burbank, CA 91502
Represented the seller in the sale of this eight unit multifamily property; two well maintained single-story, courtyard-style four unit buildings situated on two (2) separate parcels; each building is comprised of one (1) two bedroom, one bathroom unit and three (3) one bedroom, one bathroom units; the property is 5,004 total square feet of building (per Assessor) on 15,406 total square feet of land; the buildings were constructed in 1946; the units are separately metered for gas and electricity; individual hot water heaters and laundry hook-ups in each of the units; generous upside in rents; parking is eight spaces in eight single-car, closed garages oﬀ the alley; copper plumbing throughout; most windows replaced; hip roofs; some units upgraded in terms of ﬂooring, countertops and cabinetry; located just south of Glenoaks Boulevard and east of Verdugo Avenue only 1/2 mile from Downtown Burbank. For more information, contact Randy Stevenson x155 or Kris Hons x127 at (818) 956-7001. Randy Stevenson DRE #: 01228475. Kris Hons DRE #: 01807261. Stevenson Real Estate Services DRE #: 00983560.
March 22, 2023
The Federal Reserve raised its key short-term interest rate by a quarter percentage point, pushing ahead with its aggressive campaign to tame inflation despite financial turmoil following Silicon Valley Bank’s collapse. Full Story
March 14, 2023
Inflation showed continued signs of cooling off in February but remained stubbornly high and well above the Federal Reserve’s 2% target in the year’s second month, according to the latest data from the Bureau of Labor Statistics Full Story
March 02, 2023
727 South Flower Street
Burbank, CA 91502
Freestanding industrial property with easy access to the 5 Freeway and Downtown Burbank Media District! 12,300 square feet of building on 19,667 square feet of land; clear span warehouse with 13′ minimum ceiling clearance, two ground-level loading doors, and two power panels: 600 amps, three phase and 400 amps, single phase; fully renovated oﬃce and restrooms; 17 parking spaces including one accessible space; for more information, contact Patrick Long at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.
February 17, 2023
Three Different Purchase Options
Glendale, CA 91201
Conveniently located with easy access to Burbank and Los Angeles as well as the 5 and 134 freeways
1800 – 1810 Victory Blvd: $5,495,000
Five separate structures totaling approximately 9,768 square feet situated on 19,865 square feet of land (per Assessor); the property is comprised of three separate parcels and features a mix of oﬃce, retail and industrial buildings; zoned IMU which allows for a wide variety of uses; currently striped for 25 parking spaces; great for an owner/user or investor looking for a property with multiple units and ﬂexible zoning.
1800 Victory Blvd: $2,000,000
Freestanding 3,204 square foot commercial building located on 7,869 square feet of land (per Assessor); corner location with excellent visibility; zoned IMU which allows for a wide variety of uses; currently striped for 11 parking spaces with two driveways (Victory Boulevard and Thompson Avenue); the structure is currently used as oﬃce space featuring two large bullpen areas, seven (7) oﬃces, reception area, kitchenette, and storage; the property can be conﬁgured to support two separate tenancies of approximately 2,000 square feet and 1,200 square feet; the site can be purchased in combination with the neighboring property (1802 – 1810 Victory Boulevard) or as a separate sale as long as both escrows close concurrently.
1802 – 1810 Victory Blvd: $3,500,000
Four separate structures totaling approximately 6,564 square feet situated on 11,996 square feet of land (per Assessor); the property is comprised of two separate parcels and features a mix of retail, oﬃce and industrial structures; zoned IMU which allows for a wide variety of uses; currently striped with 14 parking spaces; great for an owner/user or investor looking for a property with multiple units and ﬂexible zoning; this site can be purchased in combination with the neighboring property (1800 Victory Boulevard) or as a separate sale as long as both escrows close concurrently. For more information, contact Patrick Long x134, Randy Stevenson x155 or Kris Hons x127 at (818) 956-7001. Patrick Long DRE #: #01831830. Randy Stevenson DRE #: 01228475. Kris Hons DRE #: 01807261. Stevenson Real Estate Services DRE #: 00983560.
February 14, 2023
Across-the-board increases in shelter, food and energy boosted the index after inflation had shown signs of receding in recent months. “Super core” services inflation, which is key for the Fed and excludes food, energy and shelter, rose 0.2% for the month and was 4% higher than a year ago. Full Story
February 13, 2023
4612 – 4614 San Fernando Road, Glendale, CA 91204; outstanding 2,665 square foot office/retail building along the San Fernando Road corridor with 7 parking spaces, plus an approximately 2,400 square foot, fenced yard; previously a contractor’s office with yard, but well suited to a wide range of other uses; for more information, contact Stephen M. Baker at office: 818.956.7001 x162, cell: 818.621.8245 or email: SBaker@StevensonRealEstate.com; DRE #: 00981810; Stevenson Real Estate Services DRE #: 00983560.