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Property profile & analytics
OFF-MARKET Estimated value $515,000
Auto shops

623 Broadway Glendale, CA 91204-1007

3,050 SF 0.22 ac lot Built 2001
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-6884361
Property summary
AI-generated overview

This exceptional turnkey auto body and repair shop presents a rare opportunity for immediate ownership and operation. Located at 623 Broadway in Glendale, California, this established business boasts a substantial 3,050 square foot building situated on a generous 9,600 square foot lot. The property is fully equipped with all necessary tools and machinery, eliminating the need for significant upfront investment. The well-designed layout includes a private office, a convenient kitchen area, and two bathrooms for staff and customer use. A dedicated spray booth ensures efficient and professional vehicle refinishing. Ample parking is available, accommodating over 15 vehicles, enhancing both customer and operational convenience. Security features include a gated perimeter, providing peace of mind and protecting the valuable assets within. This prime Glendale location offers excellent visibility and accessibility, contributing to the business's consistent success. The asking price of $250,000 represents a compelling investment in a proven, profitable enterprise ready for immediate operation. This is an exceptional opportunity to acquire a thriving business in a highly desirable area. Serious inquiries are encouraged.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2001
Construction TILT-UP CONCRETE
Total area 3,050 SF
Lot 0.22 ac (9,461 SF)
Zoning code GLC3*
APN 5638-003-037
UPID US09-6884361
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
  • MONARCH COLLISION CENTER Auto Repair Shop
  • Premier Auto Body and Repair Auto Repair Shop
  • DDS Auto Specialist Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k
Owner & transaction history
Hrand Ibranossian · 1 yrs held
Hrand Ibranossian
since 2024
Last sale
$515,000
5 recorded transactions
2024
Price N/A
2002
$515,000
1999
$280,000
1995
Price N/A
1969
Price N/A
Zoning & alternative use
GLC3* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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