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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Motels
1541 Colorado St Glendale, CA 91205-1513
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0408136
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1941
Construction
WOOD
Total area
3,788 SF
Lot
0.26 ac (11,414 SF)
Zoning code
GLCM*
APN
5680-029-006
UPID
US10-0408136
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.00M
Owner & transaction history
Sai Glendale Investments INC · 1 yrs held
Sai Glendale Investments INC
since 2024
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
GLCM* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+44.6%
Office building
$2.0M
+22.6%
Retail stores
$2.0M
+22.4%
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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,595,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,305,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,955,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,950,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,895,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$1,720,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,535,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Aug 15 2024)
Last sale anchor
$2.00M
Aug 15 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
$528 / 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
$12,099
Tax year 2024
Assessed value
$1,058,636
Assessed 2024
Previous assessed
$1,058,636
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$895,780
Assessed improvement
$162,856
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
1941
Construction
WOOD
Heating
NONE
Stories
1
Units
13
Bathrooms
13
Total area
3,788 SF
Lot
0.26 ac (11,414 SF)
Zoning code
GLCM*
APN
5680-029-006
UPID
US10-0408136
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLCM* · Glendale, CA
Zoning GLCM* · permitted uses
GLCM* · 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
HOTEL/MOTEL Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
HOTEL/MOTEL Current
NEIGHBORHOOD: SHOPPING CENTER
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
1941
Construction
WOOD
Heating
NONE
Stories
1
Units
13
Bathrooms
13
Lot
0.26 ac
Current owner
From public records · entity-resolved
Sai Glendale Investments INC
Entity
Mailing address
1510 E COLORADO ST, GLENDALE, CA 91205-1514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$2,000,000
Sai Glendale Investments INC
Chen Muyen
Grant Deed
$1,200,000 · American Plus Bank NA
Jun 28, 1996
$543,000
Muyen Chen
Chen,chung T & Hsien T
Grant Deed
related
$106,988 · Seller
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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