Glassell Park, CA
Commercial Real Estate Market Trends & Data
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% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $930 | 6,200 SF | 8.72% |
| Echo Park | $481 | 17,072 SF | 5.04% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Glassell Park | $418 | 36,969 SF | 5.00% |
| Griffith | $530 | 83,759 SF | 5.00% |
| Lincoln Heights | $287 | 46,902 SF | 5.00% |
| Echo Park | $328 | 34,778 SF | 9.35% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Glassell Park | $649 | 5,802 SF |
| Griffith | $865 | 7,059 SF |
| Lincoln Heights | $612 | 4,935 SF |
| Echo Park | $625 | 12,641 SF |
| Highland Park | $787 | 2,660 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Glassell Park | $418 | 28,901 SF | 9.82% |
| Griffith | $605 | 12,748 SF | 6.56% |
| Lincoln Heights | $283 | 23,816 SF | 9.82% |
| Echo Park | $474 | 12,015 SF | 9.82% |
| Highland Park | $386 | 12,628 SF | 5.75% |
Commercial Properties For Sale in Glassell Park
Average Price For Sale
↻ Updated MonthlyAverage Size 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 | $546 | 23,573 SF |
| Griffith | $801 | 28,707 SF |
| Lincoln Heights | $666 | 25,788 SF |
| Echo Park | $461 | 20,595 SF |
| Highland Park | $683 | 7,597 SF |
Multifamily Properties For Sale in Glassell Park
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
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.
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.
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.
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.
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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