New search
Property profile & analytics
OFF-MARKET
Office buildings
120 Glendale Ave Glendale, CA 91205-1109
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0415012
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1921
Construction
WOOD
Total area
1,961 SF
Lot
0.16 ac (7,012 SF)
Zoning code
GLC3*
APN
5674-007-007
UPID
US10-0415012
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
-
American Realty Centre, Inc. Real Estate Agency
-
World of Candy Land Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chorebanian Living Trust · 10 yrs held
Chorebanian Living Trust
since 2015
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,239
Tax year 2024
Assessed value
$816,293
Assessed 2024
Previous assessed
$816,293
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$722,480
Assessed improvement
$93,813
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
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,961 SF
Lot
0.16 ac (7,012 SF)
Zoning code
GLC3*
APN
5674-007-007
UPID
US10-0415012
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
1921
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Chorebanian Living Trust
Trust
Mailing address
159 CUMBERLAND RD, GLENDALE, CA 91202-1346
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
Dec 31, 2015
—
Chorebanian Living Trust
Chorebanian Living Trust
Quit Claim Deed
related
—
Nov 29, 2004
—
Chorebanian Trust
Chorebanian,peter P & Sylvie S
Quit Claim Deed
related
—
Mar 1, 1988
$435,000
Pete Chorebanian
Irsfe
Trustees Deed
$313,200 · Frontier Savings & Loan
Mar 1, 1988
$321,500
Irsfeld Irsfeld
Balek
Trustees Deed
related
—
—
—
Pete Chorebanian
—
Deed Of Trust
related
$60,000 · Individual
—
—
Peter P Chorebanian
—
Deed Of Trust
related
$20,000 · Individual
—
—
Peter P Chorebanian
—
Deed Of Trust
related
$47,000 · Individual
—
—
Chorebanian Living Trust
—
Deed Of Trust
related
$120,000 · Thomas A Bruttig
—
—
Peter P Chorebanian
—
Deed Of Trust
related
$90,000 · Individual
—
—
Pete Chorebanian
—
Deed Of Trust
related
$30,000 · Irsfeld Irsfeld&
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Glendale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
