Office Building with Central
3252 Foothill Boulevard, Glendale, CA 91214
For Sale
$1,089,000
Glendale office property featuring central air and a 1961 construction date.
Property Size1,808 SF
Price / SF$602.32
Days on Market96
Property Features for 3252 Foothill Boulevard
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Dream Realty La Crescenta
Listed By:
Jason Kim · License #01437617
(818) 249-5222
Source:
Myfabuloushome
Added: Aug 4
Changed: Oct 25
Last Checked: Oct 7 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dream Realty La Crescenta
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Investment Insights
Based on property information with market context.
This office building in Glendale was constructed in 1961 and includes central air as an interior feature. The property is located on Foothill Boulevard in Los Angeles County, with directions referencing Foothill and Maryland.
Key Highlights
- Office building classification
- Central air
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,575
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,500
$711.5K
Cap Rate 7%
$508,214
$508.2K
Cap Rate 9%
$395,278
$395.3K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$59.7K $33.00/SF
− Vacancy
−$12.2K −$6.77/SF
EGI
$47.4K $26.24/SF
− OpEx
−$11.9K −$6.56/SF
NOI
$35.6K $19.68/SF
Area
Glendale, CA
Vacancy
20.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,500
Cap Rate 7%
$508,214
Cap Rate 9%
$395,278
Alternative Uses
Best Use
Office B
$508.2K
$444.7K – $592.9K
NOI $35,575 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.09M
$951.5K – $1.27M
NOI $76,116 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
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Business Placement
Demographics for 91214, CA
31,097
Population
11,092
Households
2.8
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,260
Density / Sq Mi
$131,716
Median Household Income
$68,236
Median Earnings
$2,475
Median Rent
$1,088,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Los Angeles County, CA
Properties on Market for Office buildings in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Glendale office property featuring central air and a 1961 construction date.
Where is this office building located?
The property is located at 3252 Foothill Boulevard Glendale, CA.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Office building classification; Central air; Built in 1961
