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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Motels
1437 Colorado St Glendale, CA 91205-1511
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US10-0416844
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1984
Construction
WOOD
Total area
12,113 SF
Lot
0.44 ac (18,997 SF)
Zoning code
GLCI
APN
5680-023-004
UPID
US10-0416844
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
-
Glenridge Inn Glendale Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Shiv Shakti · 28 yrs held
Shiv Shakti
since 1997
7 recorded transactions
Zoning & alternative use
GLCI · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±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
$88 / 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
$14,530
Tax year 2024
Assessed value
$1,203,975
Assessed 2024
Previous assessed
$1,203,975
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$229,275
Assessed improvement
$974,700
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
12,113 SF
Lot
0.44 ac (18,997 SF)
Zoning code
GLCI
APN
5680-023-004
UPID
US10-0416844
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLCI · Glendale, CA
Zoning GLCI · permitted uses
GLCI · 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
1984
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
0.44 ac
Current owner
From public records · entity-resolved
Shiv Shakti
Individual
Mailing address
1437 E COLORADO ST, GLENDALE, CA 91205-1511
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
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 6, 1997
—
Shiv Shakti
Patel,h J & R H
Quit Claim Deed
related
—
Sep 16, 1997
—
Shakti Shiv
Patel,h J & R H
Quit Claim Deed
related
—
Feb 28, 1994
—
Harshadray J Patel
Patel,h J&r H Tr
Quit Claim Deed
related
—
—
—
Harshadray J Patel
—
Deed Of Trust
related
$680,000 · California State Bank
—
—
Patel Revoc
—
Deed Of Trust
related
$750,000 · Omni Bank
—
—
Shiv Shakti LLC
—
Deed Of Trust
related
$500,000 · Bank Of The West
—
—
Shiv Shakti LLC
—
Deed Of Trust
related
$470,851 · Bank Of The West
—
—
Shiv Shakti LLC
—
Deed Of Trust
related
$586,000 · First Continental Bank
—
—
Patel Revoc
—
Deed Of Trust
related
$200,000 · Omni Bank
—
—
Patel Trust
—
Deed Of Trust
related
$830,000 · First Continental 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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