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Property profile & analytics
FOR SALE
Apartment buildings
1530 E Broadway Glendale, CA 91205
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6360897
For Sale
1 / 8
$5,999,999
1530 E Broadway, Glendale, CA 91205
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
16,000 SF
Lot
0.33 ac (14,306 SF)
Zoning code
GLR4YY
APN
5680-025-032
UPID
US09-6360897
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
-
Al-Barro Foundation Charitable Organization
-
Helpless Ministries Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
1530 E Broadway LLC · 1 yrs held
1530 E Broadway LLC
since 2025
7 recorded transactions
Zoning & alternative use
GLR4YY · 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
$2,505,000
ML approach
$2,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,115,000
Current use
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±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
$167 / 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
$60,032
Tax year 2024
Assessed value
$5,350,000
Assessed 2024
Previous assessed
$5,350,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$3,750,000
Assessed improvement
$1,600,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1960
Heating
NONE
Cooling
YES
Units
16
Bathrooms
24
Total area
16,000 SF
Lot
0.33 ac (14,306 SF)
Zoning code
GLR4YY
APN
5680-025-032
UPID
US09-6360897
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLR4YY · Glendale, CAZoning GLR4YY · permitted uses
GLR4YY · Glendale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1960
Heating
NONE
Cooling
Yes
Units
16
Bathrooms
24
Lot
0.33 ac
Current owner
From public records · entity-resolved
1530 E Broadway LLC
Entity
Mailing address
1665 ROYAL BLVD, GLENDALE, CA 91207-1557
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
—
1530 E Broadway LLC
Edvard Keshish Abram
Grant Deed
—
Oct 2, 2023
—
Edward Keshish Abram
Jorge S Alcazar
Intrafamily Transfer
related
$3,690,000 · Forplay Catalog INC
May 18, 2017
—
Jorge S Alcazar
—
Deed
related
$2,500,000 · Jpmorgan Chase Bank NA
Jul 5, 2013
—
Jorge S Alcazar
Alcazar,susan S
Quit Claim Deed
related
—
Jul 5, 2013
$3,000,030
Jorge S Alcazar
Levon H Bardakjian
Grant Deed
—
Sep 26, 2012
—
Levon H Bardakjian
Levon H Bardakjian
Intrafamily Transfer
related
$1,300,000 · Jpmorgan Chase Bank NA
Oct 22, 2004
$2,700,000
Bardakjian Levon & S Trust
Columbus Properties INC
Grant Deed
$1,782,000 · World Savings
Nov 29, 2001
$1,350,000
Columbia Propertes INC
Bendaroukh LLC
Grant Deed
$1,005,000 · Washington Mutual Fsb
Aug 1, 2001
$1,340,000
Benbaroukh LLC
Pico Blanca LLC
Grant Deed
—
Jul 30, 1998
$920,000
Pico Blanca LLC
Jhm Co LP
Grant Deed
related
—
Oct 29, 1996
—
Jhm Co
Lee,m & S
Grant Deed
related
—
—
—
Harry Y Patricia T Mar
—
Deed Of Trust
related
$760,000 · Home Savings Of America
—
—
Bardakjian Levon & S Fam Trust
—
Deed Of Trust
related
$1,450,000 · World Savings
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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