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1440 Flower St 3,420 SF Industrial Building Glendale, CA 91201 $2,000,000 ($584.80/SF) 4.66% Cap Rate
INVESTMENT HIGHLIGHTS
- Directly Across from Walt Disney Campus
- Bonus Space
- Close Proximity to 5 Freeway
EXECUTIVE SUMMARY
Property can only be seen with a confirmed appointment. There is currently a tenant in place with 2 years left on their current lease with a single 3 year option to extend. Owner passed away and the successor trustees are selling the property.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$105,684
|
$30.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$105,684
|
$30.90
|
| Taxes |
$7,518
|
$2.20
|
| Operating Expenses |
$5,000
|
$1.46
|
| Total Expenses |
$12,518
|
$3.66
|
| Net Operating Income |
$93,166
|
$27.24
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $105,684 |
| Annual Per SF | $30.90 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $105,684 |
| Annual Per SF | $30.90 |
| Taxes | |
|---|---|
| Annual | $7,518 |
| Annual Per SF | $2.20 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $1.46 |
| Total Expenses | |
|---|---|
| Annual | $12,518 |
| Annual Per SF | $3.66 |
| Net Operating Income | |
|---|---|
| Annual | $93,166 |
| Annual Per SF | $27.24 |
PROPERTY FACTS
AMENITIES
- Courtyard
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Creativity In Living, Inc.
- Professional, Scientific, and Technical Services
- -
- -
- -
- Themumgroup
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Creativity In Living, Inc. | Professional, Scientific, and Technical Services | - | - | - | ||
| Themumgroup | Professional, Scientific, and Technical Services | - | - | - |
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Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $766,169 (2025) | |
| Land Assessment | $376,804 (2025) | Annual Taxes | $7,518 ($2.20/SF) |
| Improvements Assessment | $389,365 (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$376,804 (2025)
Improvements Assessment
$389,365 (2025)
Total Assessment
$766,169 (2025)
Annual Taxes
$7,518 ($2.20/SF)
Tax Year
2024 Payable 2025
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1440 Flower St
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