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Property profile & analytics
OFF-MARKET
Estimated value
$5,900,000
Office buildings
1000 Central Ave Glendale, CA 91202-2957
Entity Owned
~
Est. High Equity
Property ID
US09-6556810
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1983
Construction
CONCRETE
Total area
34,503 SF
Lot
0.73 ac (31,914 SF)
Zoning code
GLC2*
APN
5644-013-036
UPID
US09-6556810
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Safarian Androush DDS Dental Office
-
Nazarian Carineh DDS Dental Office
-
Flex Motion Physical Therapy Physician
-
Malmquist Fields & Camastra, A Law Corporation Law Firm
-
Anastasios Ace Metallinos/Dilbeck Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.90M
Owner & transaction history
City Of Glendale
City Of Glendale
since 2025
7 recorded transactions
Zoning & alternative use
GLC2* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$171 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$75,243
Tax year 2024
Assessed value
$6,630,144
Assessed 2024
Previous assessed
$6,630,144
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,808,216
Assessed improvement
$4,821,928
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
NONE
Stories
3
Total area
34,503 SF
Lot
0.73 ac (31,914 SF)
Zoning code
GLC2*
APN
5644-013-036
UPID
US09-6556810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC2* · Glendale, CA
Zoning GLC2* · permitted uses
GLC2* · Glendale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
NONE
Stories
3
Lot
0.73 ac
Current owner
From public records · entity-resolved
City Of Glendale
Entity
Mailing address
1007 S CENTRAL AVE STE #100, GLENDALE, CA 91204-3908
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2025
—
City Of Glendale
Aria Investments LLC
Grant Deed
—
Mar 21, 2024
—
Aria Investments LLC
—
Deed
related
$11,200,000 · The Golden 1 Cu
Aug 6, 2001
—
1000 North Central Ents
Khatchaturian,r M&s M Trustee
Grant Deed
related
—
Mar 31, 2000
$1,400,000
Khatchaturian Trust
Stevenson,robert W & Stefanie P
Grant Deed
—
—
—
1000 North Central Ents LLC
—
Deed Of Trust
related
$1,800,000 · Riversource Life Insurance
—
—
Robert W Stevenson
—
Deed Of Trust
related
$4,100,000 · Hm Life Ins
—
—
Robert W Stevenson
—
Deed Of Trust
related
$3,100,000 · Archon Financial LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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