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Property profile & analytics
OFF-MARKET
Estimated value
$23,860,000
Office buildings
1015 Grandview Ave Glendale, CA 91201-2205
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6918729
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1938
Construction
STEEL FRAME
Total area
104,686 SF
Lot
3.59 ac (156,580 SF)
Zoning code
GLM2*
APN
5623-040-031
UPID
US09-6918729
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
-
Bunim-Murray Productions Film Production
-
Road Rules Productions Film Production
-
Kreativ Inc. Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.86M
Owner & transaction history
Segme Bunim LLC · 10 yrs held
Segme Bunim LLC
since 2015
7 recorded transactions
Zoning & alternative use
GLM2* · 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
$228 / 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
$250,909
Tax year 2024
Assessed value
$21,702,954
Assessed 2024
Previous assessed
$21,702,954
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$9,168,627
Assessed improvement
$12,534,327
Applied tax rate
11.0000
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
Status
Off-Market
Year built
1938
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
3
Total area
104,686 SF
Lot
3.59 ac (156,580 SF)
Zoning code
GLM2*
APN
5623-040-031
UPID
US09-6918729
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM2* · Glendale, CA
Zoning GLM2* · permitted uses
GLM2* · 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
1938
Construction
STEEL FRAME
Heating
NONE
Stories
3
Buildings
2
Lot
3.59 ac
Current owner
From public records · entity-resolved
Segme Bunim LLC
Entity
Mailing address
647 STATE RTE 18, EAST BRUNSWICK, NJ 08816-3747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2015
$18,700,000
Segme Bunim LLC
Grandview Shg LLC
Grant Deed
$24,500,000 · Miscellaneous Ins Co
Jul 28, 2014
$11,000,110
Grandview Shg LLC
Dco 1015 Grandview LP
Grant Deed
$7,500,000 · Evertrust Bank
Nov 22, 2006
$5,962,000
Dco 1015 Grandview
1015 Grandview
Grant Deed
—
Jul 13, 1999
—
1015 Grandview
Anagnos,a & C S Trustees
Trustees Deed
related
—
Nov 10, 1993
—
Anagnos Trust
—
Grant Deed
related
$5,900,000 · Wells Fargo Bank
—
—
Anagnos Trust
—
Deed Of Trust
related
$7,000,000 · Hawthorne Savings Bank Fsb
—
—
Anagnos Trust
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
—
—
1015 Grandview LP
—
Deed Of Trust
related
$11,000,000 · Lehman Capital Corp
—
—
Anagnos Trust
—
Deed Of Trust
related
$1,000,000 · Hawthorne Savings Bank Fsb
—
—
Anagnos Trust
—
Deed Of Trust
related
$695,942 · Sy Art Parking Struc
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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