1620 Grand AveGlendora, CA 91740

  • Office properties
  • 3,431 SF
For Lease
$18/SF/YR View listing

Property Details for 1620 Grand Ave

Year built
1977
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
3,431 SF
Zone code
GDC2
Property type
Office properties
Property subtype
Office buildings
APN
8643-003-038
APU
8643003038

Description

This exceptional single-tenant office space, located at 1620 S Grand Ave in Glendora, California, presents a unique opportunity for businesses seeking a prominent location in Los Angeles County. The property, built in 1977, boasts a total of 4,267 square feet, with 1,800 square feet currently available for lease. The building is a single-story structure situated on a 0.3-acre lot, offering ample space and potential for expansion or modification. The property is zoned C-2, allowing for a variety of commercial uses. Parking is readily available with a ratio of approximately 5 spaces per 1,000 square feet, totaling 21 spaces. The property's APN is 8643003038. Its convenient location in Glendora (zip code 91740) provides easy access to major transportation routes and a thriving business community. This property is ideal for executive office or medical office use, offering a blend of functionality and prime location. The property's single-tenant occupancy ensures privacy and control. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $919,367
    6.5%
    $848,646
    7%
    $788,029
  • Comparable approach

    Method
    Valuation
    Relative Method
    $649,722
    Geo Method
    $652,439
  • Alternative Use

    Use
    Valuation
    Residential
    $1,052,321
    Hospitality
    $963,921
    Educational
    $801,971
    Medical
    $829,552
    Retail
    $1,247,510
1620 Grand Ave, Glendora, California

Location Insight

City
Glendora
County
Los Angeles
State
California
Latitude
34.1097
Longitude
-117.872
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,144
$663,100
$605,900
$1,269,000
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FAQs

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