Tel. 818.956.7001
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February 04, 2023
$4,950,000 or $16,500/MO, MG; 880 East Broadway, Glendale, CA 91205; 4,500 SF of building on 4,570 SF of land; architecturally attractive bow truss constructed red-brick building with arched windows, and exposed open beams and metal HVAC ducting. Great street corner presence close to City of Glendale Civic Center. Extensive interior renovation was completed in 2020 on premium above-standard office build-outs for owner-user occupancy; serviced by subterranean seven-space parking that could tandem to twelve vehicles, with direct interior access to office level. Additional off-site paid parking across the street (Broadway) up to twelve cars a possibility. Ideal freestanding professional building for high-end legal, architectural, engineering, and accounting practices, among others. Owner open to either a sale or lease. For more information, contact Ante Trinidad at 818.956.7001 x130. Ante Trinidad, MRED DRE #: 00704267. Stevenson Real Estate Services DRE#: 00983560.

U.S. jobs report today

February 03, 2023

Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4% Full Story


February 03, 2023
3056 Fletcher Drive
Los Angeles, CA 90065
Rare, freestanding 2,588 SF medical office building on 14,671 SF of land. The property features excellent visibility with pole signage and 100 linear feet of street frontage on Fletcher Drive. The building is configured with a waiting room, three (3) exam rooms, two (2) procedure rooms, four (4) administrative offices, a lunch room, administrative bullpen, two (2) lab spaces, a chart room, storage, and two (2) restrooms. There are 21 parking spaces with the ability to add more. Strategically located .6 miles from Glendale and adjacent to Atwater Village and Glassell Park with easy access to the 2 and 5 Freeways. For more information, contact Patrick Long at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.


February 03, 2023
421 East Angeleno Avenue, Suite 101
Burbank, CA 91501
Patrick long represented both the seller and buyer in the sale of this attractive, 780 SF medical office unit with three (3) exam rooms, doctor’s office, reception area, administrative area, lab space, and two (2) restrooms; great natural light with windows facing Angeleno and Glenoaks; semi-private front patio area; condo is part of a larger medical complex that is elevator served; the property has common area patient parking and one reserved space for the doctor; located near Downtown Burbank near the intersection of South Glenoaks Boulevard and East Angeleno Avenue. For more information, contact Patrick at (818) 956-7001 x134. Patrick Long DRE #: 01831830. Stevenson Real Estate Services DRE #: 00983560.

Fed raises rates a quarter point, expects ‘ongoing’ increases

February 01, 2023

At the December FOMC meeting, committee members indicated they see the “terminal rate,” or point where the Fed thinks policy is sufficiently restrictive, as 5.1%. Markets are betting that number is closer to 4.75%, and they expect the Fed to start cutting rates later this year, after one more quarter-point increase in March. Full Story

Stevenson Real Estate Services Welcomes Rory Cameron

January 31, 2023
Rory just completed his four-year degree from the University of Colorado Boulder. Rory decided to go into real estate brokerage at Stevenson Real Estate Services in Glendale. For 60 years, Stevenson Real Estate Services has provided professional real estate brokerage services to buyers, sellers, landlords and tenants for a broad range of investment and commercial properties throughout the Southern California Region. Rory will be assisting Kris Hons and Randy Stevenson in representing clients in the acquisition and disposition of office, retail, industrial and multi-family properties as well as landlords and tenants in office, medical, retail and industrial leasing. If you or anyone you know has any commercial real estate needs, please don’t hesitate to contact Rory at 818.956.7001 x152. Rory Cameron DRE #: 02134664. Stevenson Real Estate Services DRE #: 00983560.

In Last-Minute Vote, LA County Leaders Approve Two-Month Extension Of COVID Renter Protections

January 25, 2023

Any extension of protections for non-paying tenants should be coupled with funds for landlord relief. Full Article


January 13, 2023
4732 Floral Drive
Los Angeles, CA 90022
Approximately 6,720 square foot industrial building on approximately 10,433 square feet of Los Angeles County M-1 zoned land. First time on the market in over 35 years, the property boasts nearly 3,000 square feet of yard space and is perfectly designed for an owner-user or investor. The building can be occupied by a single tenant or can be divided into two separate units. For more information, contact Ole Olson at (818) 956-7001 x144. Ole Olson DRE #: 01973001. Stevenson Real Estate Services DRE #: 00983560.

U.S. inflation retreating as consumer prices fall; labor market still tight

January 12, 2023
  • Consumer prices fall 0.1% in December
  • CPI increases 6.5% year-on-year
  • Core CPI rises 0.3%; up 5.7% year-on-year
  • Weekly jobless claims fall 1,000 to 205,000
    Full Story


January 12, 2023
143 South 9th Avenue
La Puente, CA 91746
5,840 square foot industrial building available for lease with large, secured yard; the space includes four (4) ground level loading doors, newer 400 amp, 3 phase power service with an additional 200 amps available; unit is clear span with no posts and a ceiling height of 16 – 18 feet; skylights provide plenty of natural light; two (2) existing private restrooms and office space available as build to suit; located in a quiet industrial park minutes to the 60 Freeway. For more information, contact Ole Olson at (818) 956-7001 x144. Ole Olson DRE #: 01973001. Stevenson Real Estate Services DRE #: 00983560.