Technical
Financial
Distress signals
Property profile

409 Lexington Dr Glendale, CA 91203

OFF-MARKET
Apartment buildings
Property ID
US09-7006205
6,172 SF 0.17 ac lot Built 1985
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1985
Construction WOOD
Total area 6,172 SF
Lot 0.17 ac (7,232 SF)
Zoning code GLR4*
APN 5637-020-023
UPID US09-7006205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

409 Lexington Dr Glendale, CA 91203-2719
Glendale metro Census 301801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$900k

Owner & transaction history

since 2009
7 recorded transactions
2021
Price N/A
2009
Price N/A
2009
Price N/A
2008
Price N/A
2007
Price N/A
2007
Price N/A
2007
Price N/A

Zoning & alternative use

GLR4* · 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
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