Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    123 N Jackson St Glendale, CA 91206
    Back to Search
    Property profile & analytics

    123 N Jackson St Glendale, CA 91206

    View on Map
    • Investment properties
    • 3,376 SF
    • 0.17 lot acres
    For Sale
    $6,900,000
    View Listing →
    Glendale Multifamily Investment Opportunity For Sale
    $6,900,000
    15,124 SF

    Glendale Multifamily Investment Opportunity

    Two apartment buildings in Glendale's Central Business District.

    123 N Jackson St, Glendale, CA 91206
    View Listing
    Property ID
    US09-7414138
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Inscribed Microsystems (USA) / (Bike/Boat/Book/etc) Store / Corporate Office
    • Universal Home Health / Home Health Care Service

    Property Details for 123 N Jackson St

    Year built
    1926
    Construction
    TILT-UP CONCRETE
    Lot size
    0.17 lot acres
    Property size
    3,376 SF
    Zone code
    GLC3*
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5642-007-037
    APU
    5642007037

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Los Angeles
    State
    California
    Longitude
    -118.25
    Latitude
    34.1453
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,012
    $89,607
    $48,945
    $138,552
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $15,750,000
      2,659 SF

      234 Glendale Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,659 SF
      234 Glendale Ave, Glendale, CA 91206-4454
      View Details
    • Value Estimation
      $505,000
      2,586 SF

      209 Verdugo Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,586 SF
      209 Verdugo Rd, Glendale, CA 91206-3939
      View Details
    • Value Estimation
      $845,000
      2,100 SF

      310 California Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,100 SF
      310 California Ave, Glendale, CA 91206-3541
      View Details
    • Value Estimation
      $750,000
      2,551 SF

      217 Verdugo Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,551 SF
      217 Verdugo Rd, Glendale, CA 91206-5237
      View Details
    • Value Estimation
      $775,000
      2,875 SF

      1609 Glenoaks Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,875 SF
      1609 Glenoaks Blvd, Glendale, CA 91206-2825
      View Details
    • Value Estimation
      $570,000
      3,017 SF

      804 Glendale Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,017 SF
      804 Glendale Ave, Glendale, CA 91206-2127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,124 SF

      Glendale Multifamily Investment Opportunity

      Two apartment buildings in Glendale's Central Business District.
      123 N Jackson St, Glendale, CA 91206
      View Details
    • Contact for pricing
      0.15 Acres

      Vacant Lot in Glen Oaks

      6,350 SF vacant lot in Glendale's Glen Oaks Canyon.
      Corlington Rd, Glendale, CA 91206
      View Details
    • $2,599,000

      Glendale Multifamily Investment Opportunity

      Eight-unit apartment building near Americana at Brand and Glendale Galleria.
      122 N Belmont St, Glendale, CA 91206
      View Details
    • $5,225,000

      Renovated Units in Historic Building

      Fourteen renovated units in a walkable Glendale location.
      1458 E Wilson Ave, Glendale, CA 91206
      View Details
    • Contact for pricing

      Glendale Triplex with ADU Potential

      Well-maintained triplex in prime Glendale location with value-add potential.
      1717 E Chevy Chase Dr, Glendale, CA 91206
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Glendale Office Building For Rent

      Three-story office building in Glendale, totaling 43,312 square feet.
      111 Artsakh Ave, Glendale, CA 91206
      View Details
    • Contact for pricing

      Leased Office Building in Glendale

      100% leased office building. No current availability.
      1461 E Chevy Chase Dr, Glendale, CA 91206
      View Details
    • Contact for pricing

      Medical Office Suite For Rent

      560 SF medical office suite in Glendale, CA.
      837 N Glendale Ave, Glendale, CA 91206
      View Details
    • $2 SF/Yr
      951 SF

      Glendale Office Space For Lease

      Office suite available for lease in Glendale, California.
      600 W Broadway, Glendale, CA 91206
      View Details
    • $2 SF/Yr
      1,454 SF

      Glendale Office Building Near Americana

      Three-story office building near Americana, Glendale Galleria, and Brand Boulevard.
      200 North Maryland Ave, Glendale, CA 91206
      View Details
    • $2,898 /Mo

      Modern Office Suite Near Hospital

      Renovated Class A office suite near Adventist Health Glendale.
      1577 E Chevy Chase Dr, Glendale, CA 91206
      View Details
    View Listing
    Request Owner's contact information
    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.
    123 N Jackson St
    Glendale, CA 91206
    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.

    More about this property
    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

    Thank You for Inquiry
    123 N Jackson St, Glendale, CA, 91206
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!