Arthur Mangassarian Team

Happy Halloween from The Mangassarian Team! 👻🎃🧙🏼‍♀️🕸️

📣 Back on the market! After receiving multiple offers, the previous buyer couldn’t move forward. Here’s your chance to snag this beautifully remodeled 2 bed, 2 bath condo In Glendale.

With 1,019 sq. ft. and listed at $599,000, the seller is motivated.

✨ Please join us for an Open House this Sunday, October 13th from 1-4 PM! ✨

🎉 SOLD $2,875,000 🎉
10205 Plainview Ave, Tujunga, CA, 91042

A trusted client referred this 12-unit Tujunga property, which needed some TLC. After reviewing rental values, our team helped increase rents, clean up the property, and secure the best price. Despite a few escrow challenges, we made it a smooth transaction.

If you’re looking for expert advice on 1031 exchanges, seller financing, or maximizing property value, let’s chat!

📣 For Lease! We’d like to introduce you to this spacious, remodeled 4-bedroom, 4-bathroom house with over 3,000 square feet of flat land. Perfect for enjoying Southern California living, the property includes a pool, spa, and even a TV/media room.

Whether you’re looking for a long-term or short-term rental, we can make it work. If you’d like more details or want to schedule a tour, feel free to give us a call!

🪄 LEASED IN 2 WEEKS!

Prime Glendale Retail Space on Glenoaks!

📣 For Sale: $2,250,000 📣

We are pleased to present an excellent opportunity. This spacious retail property offers everything you need to succeed in a busy, high-traffic location.

Size & Space: 5,138 SF of open space with 19-foot high ceilings for an airy feel.

Prime Location: Situated on Eagle Rock Blvd, a major connection to Silver Lake, Highland Park, and Glassell Park. High-traffic area surrounded by shopping centers and apartment buildings.

Building Features: Building has been converted for single use. Previously configured as two separate units, each with its own bathroom and additional second-floor space for private offices.

Flexibility and accessibility: L-shaped lot which has two separate entrances from the side street, providing convenient customer parking in the back. The space also includes an addition to the second floor for offices.

Parking: Includes a separate rear lot with 12-14 parking spaces.Convenient customer parking with two separate entrances from the side street.

This property is ideal for a wide range of retail businesses looking to establish themselves in a vibrant and growing neighborhood. The additional parking lot and convenient access make it even more attractive for your customers.

Don’t miss out on this great opportunity to grow your business. Contact The Mangassarian Team today for more details or to schedule a viewing. We are here to help you find the perfect space for your business needs 📞📱🏡🏢🏘🏫🏗

We are proud to announce that Arthur Mangassarian has continued ranking in the TOP 15 of the RE/MAX U.S. Individuals Commercial List from January-May 2024!!

A huge accomplishment that could not be possible without all of your support.

Each year Arthur Mangassarian remains in the Top 100 list for RE/MAX U.S and Worldwide due to his loyalty and dedication to his clients.

Thank you to all of our clients for trusting us with your real estate needs! 📞📱🏡🏢🏘🏫🏗

📣 For Sale! 📣

RTI Approved 11-Unit Development Opportunity in
Valley Glen!🏡

We’re thrilled to present a fantastic development opportunity in the heart of Valley Glen! This RTI-approved project on Vanowen Street is perfect for investors looking to break ground on a new residential community.

🔹Property Highlights:

Price: $1,769,000
Location: Vanowen Street, Valley Glen
Units: 11 (6 Three-Bedroom, 2 Two-Bedroom, and 3 One-Bedroom)
Bathrooms: Each unit is designed for 2 or 2.5 bathrooms
Parking: 14 spaces available
Status: All existing improvements have been demolished, leaving you with a clean, vacant lot ready for construction!

This shovel-ready project offers a rare opportunity to develop in a highly sought-after area. With all approvals in place, you can start construction immediately and take advantage of the strong demand for new housing in the Valley Glen area.

Interested? Call us today to request the Offering Memorandum and learn more about this unique opportunity! The Mangassarian Team is here to help. Let’s create more success stories together! 📞📱🏡🏢🏘🏫🏗

FOR SALE!

Glendale corner lot with 11 approved units! We are thrilled to present a fantastic development opportunity in the City of Glendale! One of the last corner lots in this prime location is now available for sale, offering immense potential for growth and investment.

This property not only includes the existing units but also comes with comprehensive plans for the future development of 11 contemporary units. It’s a rare chance to secure a sought-after corner lot in a rapidly developing area.

Property Details:

Current Units: 3 vacant units

Future Development: Plans approved for 11 ultra-modern units with a single level subterranean parking garage.

Approval: Project approved by the City of Glendale’s Design Review Board

Unit Breakdown:
6 two-bedroom units
5 one-bedroom units

For more information and offering memorandum, contact The Mangassarian Team! We are here to assist with every step of the process, ensuring a smooth and satisfying experience!
📞📱🏡🏢🏘🏫🏗

📣 FOR LEASE! 📣

Perfect commercial space in a prime location across from Eagle Rock Plaza on Colorado Street!

Location: Glendale border, prime spot on Colorado Street.

Size: Up to 4,500 SF of versatile space. Spaces can be divided from 1,000 SF to 4,500 SF.

Frontage: Over 50 feet of impressive frontage.

Current Use: Established furniture store.

Flexibility: Perfect for any business or continue as a furniture store without additional business costs.

Don’t miss out on this fantastic opportunity to establish or expand your business in a thriving area! For more information, contact The Mangassarian Team! We are here to assist with every step of the process, ensuring a smooth and satisfying experience! 📞📱🏡🏢🏘🏫🏗

🔹FOR SALE! Glendale corner lot with 11 approved units!🔹

We are thrilled to present a fantastic development opportunity in the City of Glendale! One of the last corner lots in this prime location is now available for sale, offering immense potential for growth and investment.

This property not only includes the existing units but also comes with comprehensive plans for the future development of 11 contemporary units. It’s a rare chance to secure a sought-after corner lot in a rapidly developing area.

Property Details:

Current Units: 3 vacant units

Future Development: Plans approved for 11 ultra-modern units with a single level subterranean parking garage.

Approval: Project approved by the City of Glendale’s Design Review Board

Unit Breakdown:
6 two-bedroom units
5 one-bedroom units

For more information and offering memorandum, contact The Mangassarian Team! We are here to assist with every step of the process, ensuring a smooth and satisfying experience!
📞📱🏡🏢🏘🏫🏗

🎉 SOLD! $8,280,000 18 Units in Glendale! 🎉

456 Myrtle Street, Glendale, CA, 91203

The Mangassarian Team opened escrow on this apartment building for our client within just 2 days of listing it on the MLS!

The buyer removed their contingency within 3 days of opening the escrow!

It includes 18 Two Bedroom/Two Bath + 3 Non confirming units! Just blocks away from Americana on Brand & Glendale Galleria.

Why Choose The Mangassarian Team?

Quick Sales: We entertain all your listings before they hit the market and guarantee offers within 48 hours.

Peace of Mind for Sellers: Rest assured that your property will be sold swiftly and efficiently.

Smooth Transactions for Brokers: You already know you’re closing the escrow with us.

Whether you are looking to sell or buy, contact The Mangassarian Team! We are here to assist with every step of the process, ensuring a smooth and satisfying experience!
📞📱🏡🏢🏘🏫🏗

📣 For Sale: $2,490,000 📣

We are pleased to present an excellent opportunity. This spacious retail property offers everything you need to succeed in a busy, high-traffic location.

• Size & Space: 5,138 SF of open space with 19-foot high ceilings for an airy feel.

• Prime Location: Situated on Eagle Rock Blvd, a major connection to Silver Lake, Highland Park, and Glassell Park. High-traffic area surrounded by shopping centers and apartment buildings.

• Building Features: Building has been converted for single use. Previously configured as two separate units, each with its own bathroom and additional second-floor space for private offices.

• Flexibility and accessibility: L-shaped lot which has two separate entrances from the side street, providing convenient customer parking in the back. The space also includes an addition to the second floor for offices.

• Parking: Includes a separate rear lot with 12-14 parking spaces.Convenient customer parking with two separate entrances from the side street.

This property is ideal for a wide range of retail businesses looking to establish themselves in a vibrant and growing neighborhood. The additional parking lot and convenient access make it even more attractive for your customers.

Don’t miss out on this great opportunity to grow your business. Contact The Mangassarian Team today for more details or to schedule a viewing. We are here to help you find the perfect space for your business needs.

💠 IN ESCROW! 18 Units in Glendale! 💠

The Mangassarian Team opened escrow on this apartment building for our client within just 2 days of listing it on the MLS! The buyer removed their contingency within 3 days of opening the escrow!

Why Choose The Mangassarian Team?

Quick Sales: We entertain all your listings before they hit the market and guarantee offers within 48 hours.

Peace of Mind for Sellers: Rest assured that your property will be sold swiftly and efficiently.

Smooth Transactions for Brokers: You already know you’re closing the escrow with us.

Whether you are looking to sell or buy, contact The Mangassarian Team! We are here to assist with every step of the process, ensuring a smooth and satisfying experience! 📞📱🏡🏢🏘🏫🏗

📣 FOR SALE! 📣 House + 3 Unit RTI N. Glendale!

Dive into our exclusive opportunity of a lifetime!

Prime Location: In North Glendale near Burbank! This property offers proximity to entertainment, shopping, and dining, ensuring high desirability.

Remodeled House: Enjoy a beautifully remodeled house with 2 bedrooms and 2 bathrooms.

Plans already approved for future expansion: Expand with an additional 4-bedroom house including a 3 car garage, and 2 two bedrooms ADUs for even greater earning potential.

Strong Rental Income: Currently rented at $3,600, securing your cash flow from day one.

Spacious Lot: Over 7,800 sq ft of space, featuring convenient alley access behind.

Please contact The Mangassarian Team to review plans and discuss this exclusive property further. We are here to assist with every step of the process, ensuring a smooth and satisfying experience 📞📱🏡🏢🏘🏫🏗

📣 FOR SALE $429,000! 📣 Double residential lot in Chevy Chase Canyon!

We are thrilled to present a rare offering in the prestigious Chevy Chase canyon - one of the last vacant residential lots in Glendale. With a serene location near the country club, these 2 adjacent lots offer a unique chance to build your personalized home in a coveted area.

2 Lots with Individual APN Numbers: Over 14,000 square feet of land with a gentle upslope, providing ample space for construction and landscaping.

Ideal for Custom Projects: Build your dream house on one lot and enjoy an expansive backyard on the other, or utilize both for a grand architectural statement.

Ready for Development: Some preliminary drawings were initiated, offering a foundation to inspire your own custom designs.

Motivated Seller: Due to personal reasons, the seller is eager to pass on this opportunity to a buyer.

Act Fast! This offering is a once-in-a-lifetime chance to create something special in a desirable neighborhood. The lots are priced to sell, and we anticipate a lot of interest.

Please contact The Mangassarian Team at your earliest convenience to discuss this exclusive property further. We are here to assist with every step of the process, ensuring a smooth and satisfying experience 📞📱🏡🏢🏘🏫🏗

🔶 FOR SALE! 🔶

We are thrilled to present to you an incredible investment opportunity nestled in the vibrant Eagle Rock area near Glendale! This property boasts not only a prime location but also exceptional potential
for savvy investors.

Owner Will Carry Financing: 5 Years at 5.25% Owner Financing 7 CAP rate. Take advantage of flexible financing options! The seller is prepared to carry financing for qualified buyers, requiring only 30% down payment. Terms and rates can be negotiated to suit your unique financial needs and aspirations.

Dual Commercial Stores: With a total of 2,200 square feet, including a rented 1,000 SF space generating $4,500.00 per month and a vacant 1,200 SF storefront primed for rental at $5,000.00 per month, this property offers immediate income potential.

Spacious 2-Bedroom House: Tucked away at the back, the vacant 2-bedroom house presents a myriad of possibilities. Whether you’re looking for a live-work opportunity or considering rental income, this residential space offers flexibility and value.

Abundant Parking and ADU Potential: Accessible via the alley at the rear, ample parking space enhances convenience for tenants and customers alike. Additionally, the property’s layout opens up opportunities for an Accessory Dwelling Unit (ADU), further maximizing its value and income potential.

Don’t miss out on the chance to own a lucrative piece of real estate in one of the most sought-after neighborhoods. Whether you’re an experienced investor or a budding entrepreneur, this property promises both immediate returns and long-term growth potential.

To schedule a private viewing or to learn more about this exceptional opportunity, please don’t hesitate to contact The Mangassarian Team! Invest with confidence and secure your financial future with the Mangassarian Team by your side! 📞📱🏡🏢🏘🏫🏗

📣 FOR SALE! $1,599,000

4 Units N. Glendale, on Glenoaks! All vacant units!

One 3BR, One 2BR, and Two 1BR on Glenoaks, commercial lot! Performer cap rate will be over 6.8%!

The Mangassarian Team is proud to introduce an unparalleled once in a lifetime investment opportunity! Please contact us today for more information on this property and the offering memorandum!

♦️IN ESCROW! ♦️

2104 N. Verdugo Road, Glendale, CA 91208

The Mangassarian Team created over 14 offers within 5 days of listing. All offers were above asking price!

Buying, Selling, or Leasing? Contact The Mangassarian Team today! Trust The Mangassarian Team with the right expertise for all of your real estate needs! 📞📱🏡🏢🏘🏫🏗

📣 FOR SALE! 📣

The Mangassarian Team is thrilled to present a not-to-be-missed investment opportunity nestled in the heart of Tujunga. We invite you to explore the potential of a secured, gated apartment building, built with precision and care in 1986.

Email The Mangassarian Team today for more information and the offering memorandum. Take the first step towards your next successful investment!

Exceptional Property Features:

12 Units Total: A perfect mix of living spaces with 4 two-bedroom and 8 one-bedroom units.

Ample Parking: Over 20 parking spaces available for tenants.

Ideal Location: A short walk from Foothill’s bustling shopping centers, transportation hubs, and bus stations.

Long-term Tenants: Stable occupancy with tenants who appreciate the community.

Well-Maintained Units: Most units boast cozy fireplaces & are kept in excellent condition, ensuring a comfortable living environment.

Tujunga’s Rising Star: Tujunga has seen a remarkable influx of new tenants from nearby Glendale and La Crescenta, contributing to a vibrant and growing community. With property prices nearly doubling over the past 7 years, this area is witnessing an unprecedented upward trajectory. A highly desirable location for current and future residents.

Priced to sell! This property represents an incredible opportunity for savvy investors looking to capitalize on Tujunga’s booming real estate market. Whether you’re expanding your portfolio or stepping into the investment scene, this apartment building offers the perfect blend of potential and profitability. Don’t miss out on this chance to own a piece of Tujanga’s growing legacy.

🎉 Exciting News from Glendale’s Real Estate Market!🎉

The Mangassarian Team has had a remarkable year in 2023! Achieving outstanding success in the Glendale real estate scene becoming Glendale’s Top Apartment Building Sellers!

Here’s a snapshot of our achievements and how we can assist you in your investment journey:

Over 10 Apartment Buildings Sold: We’ve successfully facilitated the sale of more than 10 apartment buildings in Glendale, showcasing our expertise and commitment to our clients.

Extensive Inventory Available: Looking for your next investment opportunity? We have a diverse portfolio of properties waiting for you. From modern apartments to spacious multi-family buildings, we’ve got something to match every investor’s needs.

Expert Guidance, Zero Cost: Considering buying or selling? Let’s talk! Our team is here to provide you with top-tier advice and insights into the Glendale market, all at no charge. We believe in empowering our clients with knowledge to make informed decisions.

Why Choose The Mangassarian Team?

Local Expertise: Deep knowledge of the Glendale real estate market!

Proven Track Record: A history of successful transactions and satisfied clients.

Dedicated Support: From browsing to closing, we’re with you at every step.

Don’t let another opportunity pass you by. Whether you’re looking to expand your investment portfolio or sell a property, The Mangassarian Team is your go-to resource in Glendale. Experience hassle-free transactions and professional service that exceeds expectations. Get in Touch Today!

📣 FOR SALE! 📣

We are excited to present an extraordinary opportunity to own a part of Glendale’s most prestigious Verdugo Woodland community, just a stone’s throw away from Glendale Community College. This exclusive offering features 6 meticulously remodeled units!

Exclusive Verdugo Woodland Community
All-Star Schools: Positioned within the vicinity of top-rated educational institutions.
Coveted Location: North of Glendale Community College, nestled in the elite Verdugo Woodland area.

Luxuriously Remodeled Units with unique features
Elegant Design: Each unit boasts 2 bedrooms and 1 bathroom, with laminate flooring, ceramic tile, and granite countertops in the kitchen.
Energy Efficiency: Outfitted with dual-pane windows and sliding doors for optimal energy conservation.
Second-floor units dazzle with high ceilings and exposed beams.
One special unit offers the serenity of a private backyard.
One special unit has a covered patio that doubles as a third room.
Four units feature open patios, perfect for relaxation or entertaining.

Amenities and Conveniences
Parking and Storage: Includes 6 covered parking spots complemented by convenient storage bins in the back.
Laundry Facility: On-premises laundry facilities add to the ease of living.

A Once in a Lifetime Opportunity!

This property represents a rare chance to invest in one of Glendale’s most sought-after neighborhoods. Whether you’re seeking a new property or a smart investment, these units promise to exceed your expectations. For more details please reach out to The Mangassarian Team!

FOR LEASE: Prime restaurant space for lease located at 339 N. Brand Blvd, located in the heart of Glendale!

We are thrilled to present an unparalleled opportunity that is simmering with potential and ready for your culinary artistry. Your next restaurant culinary adventure awaits!

Nestled on the lobby level of the prestigious Brandwood Hotel, this space is not just a location; it’s the beginning of your next big venture.

Expansive Space: 3,705 square feet of prime restaurant area, ready to welcome your guests. Plus expand with up to 1,200 square feet of mezzanine space for that extra touch of elegance and view.

Prime Location: Situated on Brand Blvd, a bustling street brimming with offices and retail outlets, ensuring a steady flow of potential diners to your doorstep.

Hotel Synergy: Being part of the famous Brandwood Hotel not only elevates the space’s value but also promises a captive audience of hotel guests looking for a memorable dining experience.

Ready to Go: The space is fully permitted and approved by the City of Glendale for restaurant use. Plans are available for viewing, offering you a clear path to bringing your vision to life.

Imagine the possibilities as you craft an inviting atmosphere where every meal is an experience and every visit creates lasting memories. Whether you’re launching your first restaurant or expanding your culinary empire, this space on Brand Blvd offers the perfect backdrop for your success.

Act Now! Opportunities like this don’t come often. Seize the moment to create your signature dining destination in Glendale’s most coveted location. For more details please don’t hesitate to reach out. The Mangassarian Team is here to support you every step of the way, ensuring a seamless journey from concept to grand opening!

🌆 IN ESCROW! Park Towers Unit on Pioneer Drive! Prime location in Glendale! 🌆

The Mangassarian Team proudly represented the seller!

This significant milestone not only showcases our dedication but also highlights the desirability and exclusivity of properties we represent.

▪️Property Size: 1,850 Square Feet
▪️Features: Top floor with gorgeous city views! 3 Bedrooms, 2 Baths

Exclusive Pocket Listings Just for You!

In our quest to provide tailored services to our esteemed clients, we offer exclusive pocket listings that aren’t available through public channels. These unique opportunities are reserved for our private clients, offering a personalized approach to your real estate needs.

If you’re interested in gaining access to these exclusive listings, please don’t hesitate to reach out to us. The Mangassarian Team is here to assist you in finding your dream property, providing you with options that best suit your preferences and requirements.

🏡🎉 SOLD FOR $630,000! 356 W. California Ave APT #12, Glendale, CA 🏡🎉

We’re thrilled to share some fantastic news that underscores the unparalleled dedication and expertise of The Mangassarian Team. A recent accomplishment by Stephanie Mangassarian has set a new benchmark in the Glendale real estate market, and we couldn’t wait to share it with you!

Over 14 Offers Received! Sold for over asking price with an all cash offer!

This fixer condo in the heart of Glendale not only attracted a flurry of interest but also closed with an all-cash offer that exceeded expectations. This achievement was made possible through the strategic marketing and negotiation prowess of The Mangassarian Team, who worked tirelessly to ensure the best outcome for our client.

Why The Mangassarian Team?

Expertise: Deep understanding of the local market dynamics.
Results-Driven: Proven track record of exceeding client expectations.
Dedication: Commitment to achieving the best possible results for our clients.

This sale is a testament to the hard work and dedication we put into every listing, ensuring maximum visibility and attracting serious buyers. Whether you’re considering selling your property or in the market for a new property, The Mangassarian Team is here to guide you through every step of the process with the same level of expertise and commitment.