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Property profile & analytics
FOR SALE
Investment properties
1001 S Central Ave Glendale, CA 91204
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6915541
For Sale
1 / 27
$6,750,000
1001 S Central Ave, Glendale, CA 91204
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
TILT-UP CONCRETE
Total area
20,355 SF
Lot
0.19 ac (8,099 SF)
Zoning code
GLC3
APN
5696-025-038
UPID
US09-6915541
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
-
Dolce Glow Airbrush Tan Tanning Salon
-
Area 51 Smoke & Vape Shop (Bike/Boat/Book/etc) Store
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
1317 E Wilson LLC · 5 yrs held
1317 E Wilson LLC
since 2020
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
GLC3 · 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
Method
Estimation
Statistic approach
$2,495,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±10% · vs last sale $2.52M (Nov 13 2020)
Last sale anchor
$2.52M
Nov 13 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / 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
$39,492
Tax year 2024
Assessed value
$3,443,950
Assessed 2024
Previous assessed
$3,443,950
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,459,849
Assessed improvement
$984,101
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
26
Total area
20,355 SF
Lot
0.19 ac (8,099 SF)
Zoning code
GLC3
APN
5696-025-038
UPID
US09-6915541
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC3 · Glendale, CA
Zoning GLC3 · permitted uses
GLC3 · 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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
26
Lot
0.19 ac
Current owner
From public records · entity-resolved
1317 E Wilson LLC
Entity
Mailing address
505 S LOUISE ST, GLENDALE, CA 91205-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
—
1317 E Wilson LLC
—
Deed
related
$10,000 · Jpmorgan Chase Bank NA
Nov 13, 2020
—
1317 E Wilson LLC
Michael Blum
Quit Claim Deed
—
Oct 2, 2020
—
Michael Blum
—
Deed
related
$4,050,000 · Axos Bank
Mar 29, 2019
—
Michael Blum
—
Deed
related
$3,775,000 · Axos Bank
May 3, 2016
—
Michael Blum
—
Deed
related
$3,250,000 · Bofi Federal Bank
Sep 13, 2004
$2,515,000
Michael Blum
Midstream Exchange
Grant Deed
$1,886,250 · Fidelity Bancorp Funding INC
Oct 7, 2003
—
Midstream Exchange Co
Central Associates LLC
Grant Deed
related
—
Sep 11, 2003
—
Central Associates LLC
Central Associates LLC
Quit Claim Deed
related
—
Jun 13, 2001
—
Central Assocs
Central Assocs
Quit Claim Deed
related
—
Sep 17, 1999
—
Central Assoc
Group A,
Grant Deed
related
—
Sep 15, 1999
$238,181
Group A LLC
Group B LLC
Grant Deed
related
—
Sep 7, 1999
—
Group A
Central Assoc,
Grant Deed
related
—
Oct 29, 1996
—
Central Assocs
Ocwen Fed Bk,
Grant Deed
related
—
Sep 25, 1996
$500,000
Berkeley Fed'l Bank & Trust
Bell,jora J
Trustees Deed
related
—
Jun 29, 1995
—
Nora J Bell
Yoshimura,s
Grant Deed
related
—
—
—
Nora J Bell
—
Deed Of Trust
related
$650,000 · Sumitomo Bank
—
—
Michael Blum
—
Deed Of Trust
related
$310,000 · Herand & Evelyn Hambarchian
—
—
Michael Blum
—
Deed Of Trust
related
$300,000 · Sandler Bernard & L M Trust
—
—
Michael Blum
—
Deed Of Trust
related
$200,000 · Sandler Bernard & L M Trust
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.
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