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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Office buildings
1620 Grand Ave, Glendora, CA 91740-5433
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9308925
Property summary
AI-generated overview
This exceptional single-tenant office space, located at 1620 S Grand Ave in Glendora, California, presents a unique opportunity for businesses seeking a prominent location in Los Angeles County. The property, built in 1977, boasts a total of 4,267 square feet, with 1,800 square feet currently available for lease. The building is a single-story structure situated on a 0.3-acre lot, offering ample space and potential for expansion or modification. The property is zoned C-2, allowing for a variety of commercial uses. Parking is readily available with a ratio of approximately 5 spaces per 1,000 square feet, totaling 21 spaces. The property's APN is 8643003038. Its convenient location in Glendora (zip code 91740) provides easy access to major transportation routes and a thriving business community. This property is ideal for executive office or medical office use, offering a blend of functionality and prime location. The property's single-tenant occupancy ensures privacy and control. Inquire today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
WOOD
Total area
3,431 SF
Lot
0.3 ac (13,199 SF)
Zoning code
GDC2
APN
8643-003-038
UPID
US09-9308925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nancy Rehfeld Physician
-
Shana Garcia Physician Medical Clinic
-
Lauren Woodland Physician Medical Clinic
-
WADIE ALKHOURI Physician
-
Inland Psychiatric Medical Group Glendora Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
Rita Aro · 2 yrs held
Rita Aro
since 2023
7 recorded transactions
Zoning & alternative use
GDC2 · Glendora, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+19.9%
Commercial (general)
$1.1M
+7.4%
Warehouse, storage
$1.0M
+2.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendora submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$985,000
Current use
RETAIL STORES
$1,185,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,060,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$1,010,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$239 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,144
Tax year 2024
Assessed value
$1,269,000
Assessed 2024
Previous assessed
$1,269,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$663,100
Assessed improvement
$605,900
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,431 SF
Lot
0.3 ac (13,199 SF)
Zoning code
GDC2
APN
8643-003-038
UPID
US09-9308925
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GDC2 · Glendora, CA
Zoning GDC2 · permitted uses
GDC2 · Glendora, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$985,000
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Rita Aro
Individual
Mailing address
964 CARDINAL CUSHING, CLAREMONT, CA 91711-8312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2023
—
Rita Aro
Wadie Fouad Alkhouri
Affidavit Death Of Trustee/successor Trustee
—
Jul 23, 2020
—
Wadie F Alkhouri
Wadie F Alkhouri
Quit Claim Deed
related
—
Jun 25, 2019
—
Wadie F Alkhouri
Alkhouri,wadie F
Quit Claim Deed
related
$975,000 · Trste
Apr 1, 2019
$1,280,500
Wadie F Alkhourie
John E Dierksen
Grant Deed
$999,000 · Us Bank NA
Aug 24, 2010
—
Robert J Okerman
Okerman,kathleen H
Quit Claim Deed
related
—
Jul 15, 2010
—
Robert Okerman
Rojd LLC
Grant Deed
—
Sep 10, 2004
—
Rojd LLC
Okeman,robert
Grant Deed
related
—
Sep 23, 1997
—
Dierksen,john E
Montgomery Estates INC
Trustees Deed
$294,629 · Heller First Capital
May 22, 1996
$350,000
Montgomery West INC
Hobson,thomas A & Carolyn J
Trustees Deed
—
Jun 13, 1994
—
Thomas A Hobson
—
Deed Of Trust
related
—
—
—
Rojd LLC
—
Deed Of Trust
related
$120,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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