Property profile

517 Commercial St Glendale, CA 91203

OFF-MARKET
Manufacturing properties
Property ID
US09-6534926
7,341 SF 0.22 ac lot Built 1947
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1947
Construction TILT-UP CONCRETE
Total area 7,341 SF
Lot 0.22 ac (9,630 SF)
Zoning code GLM2YY
APN 5638-008-039
UPID US09-6534926

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
  • Vocational School Training Center
  • Film Production Television Studio
  • Logistics Company Freight Service
  • Security Service
  • Recording Studio

Location

517 Commercial St Glendale, CA 91203-1509
Glendale metro Census 301702 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.36M

Owner & transaction history

since 2022
Last sale
$2.7M
7 recorded transactions
2022
Price N/A
2022
$2.7M
2019
Price N/A
2019
Price N/A
2013
Price N/A
2013
Price N/A
2008
Price N/A

Zoning & alternative use

GLM2YY · Glendale, CA
Top alternative use upside
Office building $3.8M +32.2%
Retail stores $3.8M +32.0%
Auto repair, garage $3.7M +28.2%

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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