Financial
Distress signals
Property profile

1506 S Glendale Ave Glendale, CA 91205

FOR LEASE
Office buildings
Property ID
US10-0409749
4,551 SF 0.38 ac lot Built 2011
Last sale Jan 2023 · $2,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1506 S Glendale Ave, Glendale, CA 91205 For Lease
$2,755,000 4,551 SF available
1506 S Glendale Ave, Glendale, CA 91205
View Listing

Property summary

AI-generated overview

This exceptional 2,400 square foot executive office building, located at 1506 S Glendale Ave in Glendale, California (zip code 91205), presents a unique leasing opportunity. The entire two-story building is currently vacant and ready for immediate occupancy. The property boasts a highly desirable location in Los Angeles County, offering convenient access to major transportation routes and local amenities. The building features ample parking with 5 spaces provided free of charge to tenants.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$32k
Tax billed · 2024
Assessed value$2.91M
Assessed land$1.48M
Assessed improvement$1.42M
Effective rate1.11%

Value estimate

· Sep 2026
$2.76M
$2.48M – $3.03M
AI approach$2.74M
Sales comparison$3.38M
NOI build-up
Gross scheduled income$150k
Vacancy & credit loss−$31k
Operating expenses−$30k
NOI · 2,558,485.71% cap applied$90k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$516/SF
Submarket average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$284 – $743
Qualifying comparables12

Cap rate analysis

How does the asset earn?
2,558,485.71%
$90k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GLC3-R4*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.6
Parking Facility11.2
Tattoo & Piercing Shop9.2

Location

1506 S Glendale Ave Glendale, CA 91205
County assessor Recorded deeds · 7 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
217 Kenwood, Glendale, CA 91205-1634 $3,950,000 Jul 2024 5,592 SF
225 Glendale, Glendale, CA 91205-1738 $301,000 Jun 2023 4,275 SF
1535 Colorado, Glendale, CA 91205-1513 $2,200,000 May 2022 4,295 SF
407 Colorado, Glendale, CA 91205-1604 $290,000 Sep 2021 5,600 SF
306 Harvard, Glendale, CA 91205 $1,675,000 Jun 2020 6,883 SF
825 Colorado, Glendale, CA 91205-1221 $2,600,026 Feb 2019 5,240 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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