221 Glenoaks BlvdGlendale, CA 91207

Property Details for 221 Glenoaks Blvd

Year built

1989

Construction

WOOD

Lot size

0.50 AC

Property size (Sq ft)

21,511 SF

Zone code

GLR-4

Property type

Office properties

Property subtype

Office buildings

APN

5644-014-036

APU

5644014036

Description

This exceptional two-story, 21,511 square foot office building in Glendale, CA, presents a unique investment opportunity. Built in 1989, the property features a desirable blend of medical, executive, and general office spaces, catering to a diverse range of tenants. Currently, 1,832 square feet are available for lease. The building boasts convenient freeway access, ample natural light, and subterranean parking. Suite 130, the available space, offers a versatile layout including a reception area, large office/conference room, storage, copy room, filing room, breakroom, and open space ideal for cubicles or treatment areas. While the suite lacks internal restrooms, the building provides a well-established tenant mix, including medical, dental, and professional services, along with an on-site manager. Parking is available at a monthly rate of $100 for one space or $150 for two. The building is zoned GLR-4 and has one elevator. The property's APN is 5644-014-036. Note that the listed price excludes additional monthly expenses (NN). This adaptable space offers significant potential for various professional uses. The building's central location and convenient amenities make it an attractive option for businesses seeking a high-quality office environment in a thriving Glendale neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $7,011,104

  6.5%

  $6,471,788

  7%

  $6,009,518

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,090,532

  Geo Method

  $4,090,532

• Alternative Use

  Use

  Valuation

  Residential

  $8,025,018

  Hospitality

  $7,350,873

  Educational

  $6,115,840

  Medical

  $6,326,173

  Retail

  $9,513,529

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.1588

Longitude

-118.253

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].