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Property profile & analytics
OFF-MARKET
Estimated value
$1,120,000
Office buildings
1624 Grand Ave, Glendora, CA 91740-5433
Entity Owned
Free & Clear
Property ID
US09-9308924
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
WOOD
Total area
3,315 SF
Lot
0.26 ac (11,399 SF)
Zoning code
GDC2
APN
8643-003-032
UPID
US09-9308924
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
-
Dilip S Patel Md Physician
-
Physicians of Southern California - Glendora Medical Clinic
-
Vijay Patel Physician
-
Swapna Phadnis Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.12M
Owner & transaction history
Glendora Derm LLC
Glendora Derm LLC
since 2025
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
GDC2 · Glendora, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+60.8%
Medical building
$1.5M
+58.0%
Retail stores
$1.1M
+19.9%
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
$1,120,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$955,000
Current use
AUTO REPAIR, GARAGE
$1,535,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$1,505,000
Change: +58% · Conversion: Easy
RETAIL STORES
$1,145,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,025,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$975,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $1.08M (Jul 23 2021)
Last sale anchor
$1.08M
Jul 23 2021
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
$338 / 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
$14,221
Tax year 2024
Assessed value
$1,127,272
Assessed 2024
Previous assessed
$1,127,272
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$844,804
Assessed improvement
$282,468
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
1978
Construction
WOOD
Heating
NONE
Stories
1
Rooms
7
Total area
3,315 SF
Lot
0.26 ac (11,399 SF)
Zoning code
GDC2
APN
8643-003-032
UPID
US09-9308924
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
$955,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$975,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1978
Construction
WOOD
Heating
NONE
Stories
1
Rooms
7
Lot
0.26 ac
Current owner
From public records · entity-resolved
Glendora Derm LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1624 S GRAND AVE, GLENDORA, CA 91740-5433
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
$1,408,000
Glendora Derm LLC
1624 Grand LLC
Grant Deed
—
Jul 23, 2021
$1,083,500
1624 Grand LLC
Sharda D Patel
Grant Deed
$812,625 · Bank Of The West
Jul 23, 2021
—
Sharda D Patel
Dilip S Patel
Intrafamily Transfer
related
—
Jan 3, 2003
—
Patel,tr
Patel,dilip S & Sharda D
Quit Claim Deed
related
—
Nov 20, 1997
—
Dilip S Patel
Montgomery Estates,
Grant Deed
related
—
Aug 27, 1996
$124,500
Fay T Bullock
Knickerbocker & Associates Rea
Grant Deed
$74,700 · Weyerhaeuser Mortgage Co
Oct 18, 1995
—
Knickerbocker Est
—
Grant Deed
related
$375,000 · Preferred Bank
Apr 14, 1995
$53,000
Knickerbocker Est
Glendale Federal Bank
Grant Deed
$33,600 · Glendale Federal Bank
Nov 3, 1993
$93,046
Glendale Federal Bank
Inman Trust
Trustees Deed
related
—
—
—
Inman Trust
—
Deed Of Trust
related
$132,523 · Individual
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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