Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    David Stevenson, Burbank, CA

    License ID: 01228475
    Years of Experience
    9
    Association
    Glendale Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (818) 956-7001
    Office Address:
    1111 N Brand Blvd Ste 200, Glendale, CA, 91202

    Performance

    Listings
    20
    Total transactions
    33
    Total transactions amount
    $61M
    Price range
    $1.2M - 2.8M
    Average price
    $1.8M

    Listings

    For Sale (12)

    View map
    • Contact for pricing
      3,392 SF

      Pomona Retail Space - High Traffic!

      Prime Retail Building, 3,392 sq ft, 1.14 acres.
      1504 Rd, Pomona, CA 91768
      View Details
    • $2,495,000
      2,550 SF

      Modern Glendale Office Building

      Prime Montrose Location, Newly Renovated
      3533 Ocean View Blvd, Glendale, CA 91208
      View Details
    • Contact for pricing
      2,193 SF

      Glendale Office Suite - Prime Location

      Spacious office, 7 parking spaces, ideal location.
      206 St Unit 202, Glendale, CA 91206
      View Details
    • Contact for pricing
      592 SF

      Burbank Retail Space - High Traffic!

      Prime Burbank retail space, high visibility, freeway access.
      1723 Blvd, Burbank, CA 91506
      View Details
    • Contact for pricing
      9,314 SF

      Foothill Boulevard Storefronts with Parking

      Retail building with storefronts and parking on Foothill Boulevard.
      2912-2916 Foothill Blvd, La Crescenta, CA 91214
      View Details
    • Contact for pricing
      2,550 SF

      Renovated Office Building with Balconies

      Freestanding renovated office building featuring private offices and balconies.
      3533 Ocean View Blvd, Glendale, CA 91208
      View Details
    • Contact for pricing
      6,331 SF

      Mixed-Use Property in Glendale Foothills

      Mixed-use property with retail, automotive, and residential components.
      3850 Foothill Blvd, Glendale, CA 91214
      View Details
    • Contact for pricing
      1,100 SF

      Free Standing Pasadena Retail Building

      Retail building with parking in Pasadena for sale.
      920 E Washington Blvd, Pasadena, CA 91104
      View Details
    • Contact for pricing
      7,950 SF

      Koreatown Showroom-Warehouse on Large Lot

      Commercial property with showroom-warehouse in high-traffic Koreatown.
      963-965 S Western Ave, Los Angeles, CA 90005
      View Details
    • $6,950,000

      Koreatown Showroom-Warehouse on Large Lot

      Commercial property with showroom-warehouse in Koreatown, Los Angeles.
      963 S Western Ave, Los Angeles, CA 90006
      View Details
    • $4,495,000

      Foothill Boulevard Storefronts with Parking

      Retail building with parking and multiple storefronts on Foothill Boulevard.
      2912 Foothill Blvd, La Crescenta, CA 91214
      View Details
    • $2,795,000

      La Cañada Retail/Office Opportunity

      Retail or office building in the heart of La Cañada.
      842 Foothill Blvd, La Canada Flintridge, CA 91011
      View Details

    For Lease (8)

    View map
    • $2 SF/Yr
      1,493 SF

      Glendale Office Suite For Rent

      Office suite featuring private offices and open area.
      1314 W Glenoaks Blvd, Glendale, CA 91201
      View Details
    • Contact for pricing
      17,000 SF

      Mojave Industrial Space Near Airport

      17,000 SF industrial building near Mojave Air & Space Port.
      17012 Roper St, Mojave, CA 93501
      View Details
    • Contact for pricing
      650 SF

      Glendale Office Space For Rent

      Third floor office space available for rent in Glendale, CA.
      512 E Wilson Ave, Glendale, CA 91206
      View Details
    • Contact for pricing
      3,392 SF

      Restaurant Opportunity on Acre Lot

      3,392 SF restaurant building on over an acre of land.
      1504 Gillette Rd, Pomona, CA 91768
      View Details
    • $2 SF/Yr
      1,216 SF

      Glendale Warehouse Space Available

      Multi-tenant building with office, restroom, and warehouse space for rent.
      4720 San Fernando Rd, Glendale, CA 91204
      View Details
    • $3 SF/Yr
      7,472 SF

      Freestanding Building on Brand Boulevard

      Commercial building with drive-through and flexible floor plan available for rent.
      1000 N Brand Blvd, Glendale, CA 91202
      View Details
    • Contact for pricing
      1,675 SF

      Retail Space on Colorado Boulevard

      Retail space available for rent on East Colorado Boulevard.
      2490-2498 E Colorado Blvd, Pasadena, CA 91107
      View Details
    • $3 SF/Yr
      8,822 SF

      Prime North Brand Blvd Buildings

      Two freestanding commercial buildings with drive-through on Brand Blvd.
      1000-1010 N Brand Blvd, Glendale, CA 91202
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    David Stevenson, Burbank, CA
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    Send Message to
    David Stevenson, Burbank, CA
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    (818) 956-7001
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!