New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Warehouses
1264 Central Ave Glendale, CA 91204-2528
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6873171
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Construction
TILT-UP CONCRETE
Total area
8,030 SF
Lot
0.2 ac (8,800 SF)
Zoning code
GLC3*
APN
5640-012-012
UPID
US09-6873171
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
-
MMA Kitchen & Tile Hardware & Home Improvement Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.50M
Owner & transaction history
1264 S Central Ave LLC · 1 yrs held
1264 S Central Ave LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
GLC3* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+75.6%
Retail stores
$4.1M
+75.3%
Auto repair, garage
$4.0M
+70.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,895,000
6.5%
$1,745,000
7%
$1,625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,360,000
Current use
OFFICE BUILDING
$4,145,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$4,135,000
Change: +75% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,020,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$3,650,000
Change: +55% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,250,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.84M (Dec 28 2024)
Last sale anchor
$2.84M
Dec 28 2024
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
$311 / 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
$16,375
Tax year 2024
Assessed value
$1,427,600
Assessed 2024
Previous assessed
$1,427,600
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$285,517
Assessed improvement
$1,142,083
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,030 SF
Lot
0.2 ac (8,800 SF)
Zoning code
GLC3*
APN
5640-012-012
UPID
US09-6873171
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.3M
WAREHOUSE, STORAGE 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
1950
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
1264 S Central Ave LLC
Entity
Mailing address
3221 N SAN FERNANDO RD, LOS ANGELES, CA 90065-1414
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
Apr 23, 2025
—
1264 S Central Ave LLC
—
Deed
related
$50,000 · Servbank Sb
Mar 28, 2025
$2,835,000
1264 S Central Ave LLC
Rg Central LLC
Grant Deed
$1,443,000 · Momentus Direct Capital
Mar 28, 2025
—
1264 S Central Avenue LLC
—
Deed
related
$1,185,000 · Business Finance Capital
Sep 20, 2019
—
Rg Central LLC
3340 Honolulu LLC
Quit Claim Deed
—
Dec 24, 2012
$1,182,500
3340 Honolulu LLC
Cazazian Trust
Grant Deed
—
Nov 14, 2012
—
Alex Cazazaian
Cazazian,onic
Affidavit Of Death
related
—
Apr 11, 2008
—
Cazazian Trust
Cazazian,marine
Affidavit Of Death
related
—
Jan 21, 2003
$1,127,000
Cazazian,tr
Glenmat Properties LLC
Grant Deed
—
Mar 31, 1998
$450,000
Glemat Properties
Tjing Trust
Grant Deed
$350,000 · United Pacific Bank
—
—
Tjing Trust
—
Deed Of Trust
related
$50,000 · Cathay Bank
—
—
The Trust
—
Deed Of Trust
related
$729,000 · United Pacific Bank
—
—
The Trust
—
Deed Of Trust
related
$400,000 · United Pacific Bank
—
—
Tjing
—
Deed Of Trust
related
$50,000 · Cathay Bank
—
—
Bian T Tr
—
Deed Of Trust
related
$100,000 · T& Cathay Bk
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 1264 Central 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.
