450 Brand BlvdGlendale, CA 91203

Property Details for 450 Brand Blvd

Year built

1999

Construction

STEEL FRAME

Lot size

1.50 AC

Property size (Sq ft)

220,624 SF

Zone code

GLC3-C2*

Property type

Office buildings

APN

5643-004-058

APU

5643004058

Description

This Class A Glendale office building, located at 450 North Brand Boulevard Suite 600, offers 22,780 square feet of premium workspace. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The building boasts convenient amenities including elevators and is situated in Los Angeles County, CA, zip code 91203. Tenancy is multiple, catering to diverse business needs. Options include private, fully furnished offices, customizable spaces, disaster recovery solutions, and day offices, all designed to accommodate businesses of any size. The building offers a benefits program with exclusive discounts and procurement support. Enjoy a prime location on a tree-lined boulevard, near prominent companies like DreamWorks and Walt Disney Imagineering, with easy access to restaurants, theaters, and the Museum of Neon Art. This vibrant business district location provides a collaborative and productive work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $71,908,224

  6.5%

  $66,376,820

  7%

  $61,635,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $41,953,860

  Geo Method

  $41,953,860

• Alternative Use

  Use

  Valuation

  Residential

  $82,307,256

  Hospitality

  $75,393,008

  Educational

  $62,726,096

  Medical

  $64,883,344

  Retail

  $97,573,928

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1526

Longitude

-118.254

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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