Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    315 Arden Ave Glendale, CA 91203
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    315 Arden Ave Glendale, CA 91203

    View on Map
    • Office buildings
    • 26,560 SF
    • 1.10 lot acres
    For Lease
    $2 SF/Yr
    View Listing →
    Glendale Office Space Available For Lease
    $2 SF/Yr
    3,635 SF

    Glendale Office Space Available

    Office space available for lease in Glendale, California.

    315 Arden Avenue, Glendale, CA 91203
    View Listing
    Property ID
    US09-7004435
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Server Support / (Bike/Boat/Book/etc) Store / Corporate Office
    • Speech Improvement Center / Physician
    • Alliance Home Health Care Services / Social Worker / Speech Pathologist
    • Y U Save Insurance Services Inc. / Insurance Agency
    • Allwest Nursing Services / Employment Agency

    Property Details for 315 Arden Ave

    Year built
    1974
    Construction
    WOOD
    Lot size
    1.10 lot acres
    Property size
    26,560 SF
    Zone code
    GLC2*
    Property type
    Office buildings
    APN
    5636-012-065
    APU
    5636012065

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,290,000
      6.5%
      $8,575,000
      7%
      $7,965,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $12,075,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Los Angeles
    State
    California
    Longitude
    -118.259
    Latitude
    34.1588
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $119,902
    $3,945,990
    $6,789,424
    $10,735,414
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,090,000
      10,974 SF

      730 Fairmont Ave

      OFFICE BUILDING • 10,974 SF
      730 Fairmont Ave, Glendale, CA 91203-1078
      View Details
    • Value Estimation
      $2,285,000
      11,216 SF

      372 Arden Ave

      OFFICE BUILDING • 11,216 SF
      372 Arden Ave, Glendale, CA 91203-1129
      View Details
    • Value Estimation
      $2,575,000
      8,900 SF

      213 Orange St

      OFFICE BUILDING • 8,900 SF
      213 Orange St, Glendale, CA 91203-2648
      View Details
    • Value Estimation
      $845,000
      3,294 SF

      547 Arden Ave

      OFFICE BUILDING • 3,294 SF
      547 Arden Ave, Glendale, CA 91203-1011
      View Details
    • Value Estimation
      $935,000
      3,845 SF

      831 Milford St

      PROFESSIONAL BUILDING • 3,845 SF
      831 Milford St, Glendale, CA 91203-1567
      View Details
    • Value Estimation
      $14,865,000
      93,591 SF

      600 Brand Blvd

      OFFICE BUILDING • 93,591 SF
      600 Brand Blvd, Glendale, CA 91203-4207
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      133,748 SF

      Glendale Office Building for Sale

      Eight-story office building with shared parking structure interest.
      701 N Brand Blvd, Glendale, CA 91203
      View Details
    • $2,450,000
      24,622 SF

      Glendale Commercial Land For Sale

      Commercial land in Glendale, suitable for storage or warehousing.
      711 West Broadway, Glendale, CA 91203
      View Details
    • $300,000

      Glendale Restaurant Business Opportunity

      Fully operational poke restaurant in the heart of Glendale, California.
      106 W California Ave, Glendale, CA 91203
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office building with modern amenities and outdoor spaces.
      800 N Brand Blvd, Glendale, CA 91203
      View Details
    • $3 SF/Yr
      38,555 SF

      Glendale Office Space with Upgrades

      Modern office building with high-end finishes and efficient systems.
      207 N Goode Ave, Glendale, CA 91203
      View Details
    • $3 SF/Yr
      107,560 SF

      Class A Office Building

      High-rise office building near Ventura Freeway and Hilton Hotel.
      801 North Brand Blvd, Glendale, CA 91203
      View Details
    • Contact for pricing

      Glendale Office Space Available

      Single tenant office building with 27,718 square feet available.
      450 N Brand Blvd, Glendale, CA 91203
      View Details
    • $2 SF/Yr
      40,707 SF

      Class A Office Building

      Eight-story office building with freeway access and walkable amenities.
      700 North Central Ave, Glendale, CA 91203
      View Details
    • $3 SF/Yr
      258,534 SF

      Glendale Office Space for Rent

      Office building in Glendale with modern amenities and on-site services.
      655 North Central Ave, Glendale, CA 91203
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 Arden Ave
    Glendale, CA 91203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!