Updated Oct 13, 2026
2011 Zehnaly Family Trust Acquires Other Asset In Glendale Sale For $9.6M
900 E Colorado St, Glendale, CA, USA
$9,600,000
$562/SF
Building Size
17,064 SF
Asset Type
Other
Closing
Mar 1, 2020
About this deal
AI
The property sold in this transaction is located at 900 E. Colorado St in Glendale, California. It is categorized as an Other asset type.
Summary of transaction details
- Property Type: Other
- Transaction Amount: $9,600,000
- Square Footage: 17,064
- Price per Square Foot: $562.59
The buyer in this transaction was the 2011 Zehnaly Family Trust, while the seller was The He Sook Kim Trust. The deal was facilitated by brokers T.C. Macker, Patrick Sheekey, Jennifer Moscoso from WESTMAC Commercial Brokerage Company, and Sam Manoukian from Re/Max Optima.
The property was sold for a 4.0% capitalization rate. The escrow period for this transaction was 90 days.
On the Map
$9,600,000
$562/SF
Other
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Players
Glendale Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93