5940 San Fernando Rd Glendale, CA 91202
Pelanconi NeighborhoodEstimated payment $19,881/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,584
Year Built
- Built in 1962
Lot Details
- 4,871 Sq Ft Lot
Interior Spaces
- 5,729 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 5 Parking Spaces
- Carport
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 5628-032-010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,584 | $2,495,252 | $1,497,153 | $998,099 |
| 2024 | $27,584 | $2,446,327 | $1,467,798 | $978,529 |
| 2023 | $26,965 | $2,398,361 | $1,439,018 | $959,343 |
| 2022 | $26,504 | $2,351,335 | $1,410,802 | $940,533 |
| 2021 | $26,062 | $2,305,232 | $1,383,140 | $922,092 |
| 2019 | $25,079 | $2,236,860 | $1,342,116 | $894,744 |
| 2018 | $24,694 | $2,193,000 | $1,315,800 | $877,200 |
| 2016 | $19,318 | $1,719,848 | $687,939 | $1,031,909 |
| 2015 | $18,932 | $1,694,015 | $677,606 | $1,016,409 |
| 2014 | $17,007 | $1,500,000 | $597,600 | $902,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $3,300,000 | -5.7% | $576 / Sq Ft |
| 06/18/2025 06/18/25 | For Sale | $3,500,000 | -- | $611 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | North American Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $1,550,000 | Gateway Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,032,000 | Construction | |
| Closed | $1,975,000 | Commercial | |
| Closed | $2,150,000 | Commercial | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $550,000 | Commercial |
Source: The MLS
MLS Number: 25554479
APN: 5628-032-010
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