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Property profile & analytics
OFF-MARKET Estimated value $5,400,000
Office buildings

221 Glenoaks Blvd Glendale, CA 91207-2085

21,511 SF 0.5 ac lot Built 1989
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US09-7411191
Property summary
AI-generated overview

This exceptional two-story, 21,511 square foot office building in Glendale, CA, presents a unique investment opportunity. Built in 1989, the property features a desirable blend of medical, executive, and general office spaces, catering to a diverse range of tenants. Currently, 1,832 square feet are available for lease. The building boasts convenient freeway access, ample natural light, and subterranean parking. Suite 130, the available space, offers a versatile layout including a reception area, large office/conference room, storage, copy room, filing room, breakroom, and open space ideal for cubicles or treatment areas. While the suite lacks internal restrooms, the building provides a well-established tenant mix, including medical, dental, and professional services, along with an on-site manager. Parking is available at a monthly rate of $100 for one space or $150 for two. The building is zoned GLR-4 and has one elevator. The property's APN is 5644-014-036. Note that the listed price excludes additional monthly expenses (NN). This adaptable space offers significant potential for various professional uses. The building's central location and convenient amenities make it an attractive option for businesses seeking a high-quality office environment in a thriving Glendale neighborhood.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction WOOD
Total area 21,511 SF
Lot 0.5 ac (21,900 SF)
Zoning code GLR-4
APN 5644-014-036
UPID US09-7411191
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
  • Law Offices of Weber & Weber Law Firm
  • Glendale Surgical Associates Dental Office
  • Cristina B Gamboa, DDS Dental Office
  • Hobson Court Realty Real Estate Agency
  • US Medtrade Home Healthcare Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.95M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.40M
Owner & transaction history
Trojan Acquisitins LLC · 8 yrs held
Trojan Acquisitins LLC
since 2018
7 recorded transactions
2018
Price N/A
2017
Price N/A
2014
$5.3M
2011
Price N/A
2000
Price N/A
1993
Price N/A
1969
Price N/A
Zoning & alternative use
GLR-4 · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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