OFF-MARKET
Office buildings
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Individually Owned 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
Current use
Occupant on record · Public records
-
Physician
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician
-
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
since 2023
7 recorded transactions
Zoning & alternative use
GDC2 · Glendora, CA
Top alternative use upside
Retail stores
$1.2M
+19.9%
Commercial (general)
$1.1M
+7.4%
Warehouse, storage
$1.0M
+2.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$820k
Value range
$738k – $902k
±10% around blend
Estimated value / SF
$239 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
$738k
blend $820k
$902k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,431 SF
Lot area
0.3 ac
Year built
1977
Stories
1
APN
8643-003-038
Assessed value
$1,269,000
Annual tax
$16,144
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.38M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.2 mi away · 3,420 SF
4.7 mi away · 4,370 SF
7.8 mi away · 3,024 SF
7.9 mi away · 3,326 SF
9.3 mi away · 4,134 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$820k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 22 sales
$288
-17%
County 2758 sales
$449
-47%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $239/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+20%
vs current-use indication
Commercial (general)
Warehouse, Storage
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.27M
Move the market yield to see immediate price impact.
Value / SF
$370
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$80k
$1.60M
$1.14M
$888k
$89k
$1.78M
$1.27M
$987k
$98k
$1.95M
$1.40M
$1.09M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.41M
0.2 mi · Nov 2025 · $425/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, CAZoning GDC2 · permitted uses
GDC2 · Glendora, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GDC2
Jurisdiction
Glendora, CA
Recorded code
GDC2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GDC2 in Glendora, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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