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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Medical Office Space
140 Glendale Ave Glendale, CA 91206-4451
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-6572342
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1943
Construction
TILT-UP CONCRETE
Total area
3,376 SF
Lot
0.16 ac (6,771 SF)
Zoning code
GLC2*
APN
5674-006-023
UPID
US09-6572342
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
-
Broadway Imaging Center Medical Clinic
-
ASV Surgical Management Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$349k
Blend (final)
Blend
$515k
Owner & transaction history
Romo Investments LLC · 18 yrs held
Romo Investments LLC
since 2008
7 recorded transactions
Zoning & alternative use
GLC2* · 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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$153 / 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
$18,494
Tax year 2024
Assessed value
$1,660,383
Assessed 2024
Previous assessed
$1,660,383
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,027,662
Assessed improvement
$632,721
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1943
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,376 SF
Lot
0.16 ac (6,771 SF)
Zoning code
GLC2*
APN
5674-006-023
UPID
US09-6572342
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC2* · Glendale, CA
Zoning GLC2* · permitted uses
GLC2* · 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
1943
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Romo Investments LLC
Entity
Mailing address
140 N GLENDALE AVE, GLENDALE, CA 91206-4451
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2008
—
Romo Investments LLC
Admayan,marina
Grant Deed
—
Mar 1, 2005
—
Marina Adamyan
Ter-begdassarian,petr
Quit Claim Deed
related
$850,000 · Interbay Funding LLC
Mar 1, 2005
$1,215,010
Marina Adamyan
Barcohana D & R A 1989 Trust
Grant Deed
—
Oct 4, 1989
—
Barcohana David
Barco
Quit Claim Deed
related
—
—
—
Barcohana Trust
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Romo Investments LLC
—
Deed Of Trust
related
$385,000 · So Cal Cdc
—
—
Romo Investments LLC
—
Deed Of Trust
related
$1,000,000 · First General 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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