Updated Aug 25, 2026
Specialized Realty Inc. Facilitates $12.3M Office Sale In Glendale
310 East Colorado Street, Glendale, California 91205, United States
$12,300,000
$508/SF
Building Size
24,174 SF
Asset Type
Office
Closing
Apr 28, 2022
About this deal
AI
The sale of an office building in Glendale has been completed on April 29, 2022. The property, located at 310 E. Colorado St., was sold for a total price of $12,300,000. The office building spans across 24,174 square feet, resulting in a price per square foot of $508.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,300,000
- Address: 310 E. Colorado St.
- Market: Glendale
Vartan Tashchyan from Specialized Realty Inc. represented the buyer in the transaction, while Artak Dovlatyan, also from Specialized Realty Inc., served as the seller's representative.
On the Map
$12,300,000
$508/SF
Office
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Players
Glendale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93