Technical
Financial
Distress signals
Property profile

221 Glenoaks Blvd Glendale, CA 91207

OFF-MARKET
Office buildings
Property ID
US09-7411191
21,511 SF 0.5 ac lot Built 1989
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Law Firm
  • Dental Office
  • Dental Office
  • Real Estate Agency
  • Home Health Care Service

Location

221 Glenoaks Blvd Glendale, CA 91207-2085
Glendale metro Census 301100 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 Glenoaks Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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