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Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Apartment buildings
125 Fairview Ave Glendale, CA 91207-1989
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6352231
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
10,295 SF
Lot
0.2 ac (8,495 SF)
Zoning code
GLR4YY
APN
5644-011-008
UPID
US09-6352231
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
-
Global Metal Work Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
$2.98M
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.56M
Owner & transaction history
1211 N Pacific LLC · 1 yrs held
1211 N Pacific LLC
since 2025
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
GLR4YY · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.3M
+104.2%
Retail stores
$5.3M
+103.9%
Auto repair, garage
$5.2M
+98.0%
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
$3,065,000
ML approach
$3,045,000
CAP Approach
CAP Return
Estimation
6%
$3,230,000
6.5%
$2,980,000
7%
$2,770,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,600,000
Current use
OFFICE BUILDING
$5,310,000
Change: +104% · Conversion: Moderate
RETAIL STORES
$5,305,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,150,000
Change: +98% · Conversion: Difficult
MEDICAL BUILDING
$4,680,000
Change: +80% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,170,000
Change: +60% · Conversion: Moderate
Blend value · Realmo final
$3.56M
Range $3.20M – $3.91M · ±10% · vs last sale $4.24M (Mar 17 2025)
Last sale anchor
$4.24M
Mar 17 2025
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
$345 / 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
$45,469
Tax year 2024
Assessed value
$4,064,700
Assessed 2024
Previous assessed
$4,064,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,626,900
Assessed improvement
$2,437,800
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
9
Rooms
6
Bathrooms
19
Total area
10,295 SF
Lot
0.2 ac (8,495 SF)
Zoning code
GLR4YY
APN
5644-011-008
UPID
US09-6352231
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLR4YY · Glendale, CA
Zoning GLR4YY · permitted uses
GLR4YY · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.6M
OFFICE BUILDING
Est. value
$5.3M
RETAIL STORES
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
9
Rooms
6
Bathrooms
19
Lot
0.2 ac
Current owner
From public records · entity-resolved
1211 N Pacific LLC
Entity
Mailing address
18818 TELLER AVE STE #130, IRVINE, CA 92612-1679
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
$4,240,000
1211 N Pacific LLC
Henry Joseph Matson
Grant Deed
$2,000,000 · Midfirst Bank
Aug 19, 2022
$3,985,000
Henry Joseph Matson
Ralph L Norton
Grant Deed
—
Feb 13, 2020
—
Ralph L Norton
—
Deed
related
$450,000 · Damien & Julie Bonenfant
Jan 31, 2020
—
Ralph L Norton
—
Deed
related
$800,000 · Jb Trust Properties LLC
Nov 1, 2019
—
Ralph L Norton
—
Deed
related
$2,000,000 · Luther Burbank Savings
Apr 27, 2005
—
Ralph L Norton
Norton,ralph L
Quit Claim Deed
related
—
Sep 13, 2004
$1,800,000
Ralph L Norton
Belikian K & S S Trust
Grant Deed
$940,000 · Greenpoint Mortgage Funding
Sep 13, 2004
—
Ralph L Norton
Alicata,sheri L
Grant Deed
related
—
Oct 23, 2000
—
Belikian,kevork & Sylvia S Trust
Belikian,k & S S
Quit Claim Deed
related
—
Sep 14, 1995
—
Kevork Belikian
Belikian,k & S
Quit Claim Deed
related
—
Apr 19, 1988
$328,500
Belikian Kevork
Baga
Grant Deed
related
—
—
—
Ralph L Norton
—
Deed Of Trust
related
$450,000 · Damien & Julie Bonenfant
—
—
Ralph L Norton
—
Deed Of Trust
related
$800,000 · Jb Trust Properties LLC
—
—
Kevork Belikian
—
Deed Of Trust
related
$580,000 · Universal Savings Bank
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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