Back HomeRETAIL PROPERTY SOLD FOR $1,050,000!
October 20, 2022
9925 Commerce Ave., Tujunga, CA
Patrick Long represented the buyer; 1,680 SF building on 2,672 SF of land; 2-units; contact Patrick Long at (818) 956-7001 x134. DRE #: 01831830. SRES DRE #: 00983560. #commercialproperty #commercialrealestate
Office/Flex Property SOLD FOR $1,915,000!
October 19, 2022
711 South Main Street
Burbank, CA 91506
Patrick Long represented the seller in the sale of this freestanding office/flex building located in the Burbank Rancho District; approximately 2,820 square feet of building on 6,097 square feet of land with parking striped for six (6) spaces; Rancho Business Park (RBP) zoning allows for a wide array of uses; property was built in 1989; easy access to the 5 Freeway and Downtown Burbank; for more information, contact Patrick Long at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.
Commercial Land SOLD FOR $12,000,000!
October 11, 2022
1131 – 1139 North Brand Boulevard
Glendale, CA 91202
Randy Stevenson and Kris Hons represented both the seller and buyer in the sale of almost one acre of land on North Brand Boulevard; approximately 175’ feet of frontage; C3 III zoning with 90’/6-story height limit; close proximity to a bevy of amenities including Trader Joe’s, Walgreens, Coffee Bean and Tea Leaf, Citizens Business Bank, Mignon Chocolate, and Gravel florist not to mention a number of restaurants, medical service providers and personal services; 38,654 SF of land; APNs: 5647-003-006, 007 & 008; for more information, contact Randy x155 or Kris x127 at (818) 956-7001. Randy Stevenson DRE #: 01228475. Kris Hons DRE #: 01807261. Stevenson Real Estate Services DRE #: 00983560.
Office Building SOLD FOR $600,000
October 10, 2022
3971 Pennsylvania Avenue
Glendale, CA 91214
Patrick Long represented both the seller and buyer in the sale of this rare, freestanding office building in North Glendale! The property is approximately 804 square feet of building on 3,184 square feet of land. The interior was completely remodeled in 2016 with attractive finishes. The property has great street visibility, a rear patio space and three on-site parking spaces. There is easy access to the 210 Freeway. For more information, contact Patrick at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.
Land SOLD FOR $625,000
October 09, 2022
Longacre Avenue in Granada Hills
Patrick Long represented the buyer in the sale of this 215,186 square foot parcel. For more information, contact Patrick at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.
September Jobs Report: U.S. Job Growth Cools but Remains Solid
October 07, 2022
The U.S. added 263,000 jobs in September as the Fed pushed to cool the economy.
Wages continued to climb, keeping the Fed on course.
Markets fall as investors assess the state of jobs and inflation.
Employment grew across the economy, but is leveling off in several sectors.
The labor participation rate was little changed.
Full Story
LA City Council votes to end city’s long-standing COVID eviction moratorium
October 05, 2022
Los Angeles’ long-standing renter eviction protections due to COVID-19 hardship will be lifted at the end of January, the City Council decided unanimously Tuesday. Full Story
Multifamily Property For Sale $4,250,000
September 27, 2022
1044 Linden Avenue
Glendale, CA 91201
Eight units; wonderful opportunity to acquire a very well maintained multifamily income property in the Grandview neighborhood of Glendale; the property is comprised of eight two (2) bedroom, two (2) bathroom units of approximately 1,000 square feet each (8,000 square feet per Assessor on 7,926 square feet of land); the building was constructed in 1985; the units are separately metered for gas and electricity; new central hot water heater in 2018; new laundry machines (Speed Queen) in 2020; generous upside in rents; semi-subterranean parking garage striped for fourteen (14) parking spaces, but there are two (2) additional, parallel spaces that have been demarcated and are used by the tenants; all eight central HVAC units were replaced in the last twelve (12) months; roof replaced in 2020; new elastomeric deck system installed in 2020; sewer connection in the public right-of-way has been replaced; four (4) units upgraded in terms of flooring, countertops and cabinetry; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens; 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.
Multifamily Property For Sale $3,075,000
September 27, 2022
1048 Linden Avenue
Glendale, CA 91201
Eight units; wonderful opportunity to acquire a very well maintained multifamily income property in the Grandview neighborhood of Glendale; the property is comprised of four (4) two (2) bedroom, one (1) bathroom units and four (4) one (1) bedroom, one (1) bathroom units; the property is 7,529 square feet of building (per Assessor) on 7,822 square feet of land; the building was constructed in 1960; the units are separately metered for gas and electricity; new central hot water heater in 2019; new laundry machines (Speed Queen) in 2020; generous upside in rents; parking is six (6) spaces in three (3) two (2) car, closed garages off the alley; all windows replaced in 2017; roof replaced in 2015; copper plumbing throughout; sewer connection in the public right-of-way has been replaced; wall air conditioning in all of the units; two (2) units upgraded in terms of flooring, countertops and cabinetry; three (3) units with upgraded flooring; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens; 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.
Multifamily Property For Sale in Burbank $2,950,000
September 27, 2022
231 – 235 East Valencia Avenue
Burbank, CA 91502
Eight units; wonderful opportunity to acquire two (2) well maintained single-story, courtyard-style four (4) unit buildings situated on two (2) separate parcels in Burbank; each building is comprised of one (1) two (2) bedroom, one (1) bathroom unit and three (3) one (1) bedroom, one (1) 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; all 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.
