For Sale
Glassell Park, CA
Commercial Real Estate Market Trends & Data
$539
Avg asking sale price
$1,744
Avg asking lease rate
10,642 SF
Avg unit lease size
20,200 SF
Avg building size for sale
5.74%
Average cap rate
Glassell Park's Demographic Profile
Glassell Park has 14,091 households and a median income of $87,050, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 40,439 |
| # Households | 14,091 |
| Median age | 41 |
| Median household income | $87,050 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 7,228 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Glassell Park, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $934 | 6,421 SF | 5.09% |
| Lincoln Heights | $548 | 47,641 SF | 7.00% |
| Highland Park | $693 | 4,827 SF | 6.18% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Glassell Park | $668 | 4,878 SF |
| Griffith | $773 | 6,835 SF |
| Lincoln Heights | $555 | 4,082 SF |
| Echo Park | $555 | 10,108 SF |
| Highland Park | $863 | 1,948 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Glassell Park | $424 | 18,708 SF | 9.00% |
| Griffith | $526 | 20,322 SF | 7.50% |
| Lincoln Heights | $371 | 12,647 SF | 9.00% |
| Echo Park | $479 | 17,605 SF | 9.00% |
| Highland Park | $324 | 13,887 SF | 5.66% |
Commercial Properties For Sale in Glassell Park
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Glassell Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Glassell Park | $539 | 20,200 SF |
| Griffith | $756 | 29,635 SF |
| Lincoln Heights | $701 | 25,343 SF |
| Echo Park | $459 | 33,611 SF |
| Highland Park | $691 | 7,655 SF |
Regional Demographic Comparison
This comparison places Glassell Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Glassell Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Glassell Park | 40,439 | 14,091 | 41 | $87,050 | 3 | 7,228 | -4% |
| Griffith | 26,605 | 11,038 | 42 | $101,880 | 2 | 6,040 | -4% |
| Lincoln Heights | 32,862 | 10,473 | 39 | $57,882 | 3 | 7,305 | -6% |
| Echo Park | 29,479 | 12,014 | 39 | $80,064 | 2 | 8,477 | -3% |
| Highland Park | 53,449 | 19,274 | 39 | $88,215 | 3 | 10,814 | -5% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Glassell Park, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Glassell Park
View All Commercial Real Estate For Sale in Glassell Park
Is Glassell Park a good market for a first-time commercial real estate investor?
Glassell Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Glassell Park?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Glassell Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Glassell Park?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Glassell Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Glassell Park compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Glassell Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Glassell Park acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Glassell Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
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