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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Office buildings
1550 Flower St Glendale, CA 91201-2356
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0401908
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
TILT-UP CONCRETE
Total area
9,990 SF
Lot
0.35 ac (15,042 SF)
Zoning code
GLM1-A
APN
5627-009-017
UPID
US10-0401908
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
-
Alexander Henry Fabrics Inc Big Box & Wholesale Store
-
Universal Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Erbc Industrial Properties LLC · 3 yrs held
Erbc Industrial Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
GLM1-A · 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%
$3,495,000
6.5%
$3,225,000
7%
$2,995,000
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±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
$263 / 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
$27,638
Tax year 2024
Assessed value
$2,437,225
Assessed 2024
Previous assessed
$2,437,225
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,624,818
Assessed improvement
$812,407
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
9,990 SF
Lot
0.35 ac (15,042 SF)
Zoning code
GLM1-A
APN
5627-009-017
UPID
US10-0401908
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM1-A · Glendale, CA
Zoning GLM1-A · permitted uses
GLM1-A · 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
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Erbc Industrial Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
—
Erbc Industrial Properties LLC
Randall E Rohrer
Grant Deed
—
Nov 7, 2016
—
Rohrer,randall 2016 Trust
Rohrer,randall
Quit Claim Deed
related
—
Sep 13, 2016
—
Randall Rohrer
Trainor R & M Family Trust
Grant Deed
—
Jun 20, 2016
—
Carl Bisbano
Trainor,roger J
Affidavit Of Death
—
Jun 8, 2015
—
Roger J Trainor
Trainor Martha A
Affidavit Of Death
related
—
Dec 30, 1998
—
Trainor,roger J & Martha A Co-tr
Trainor A Trustee,
Quit Claim Deed
related
—
Feb 4, 1994
—
Trainor,roger J&martha A Co-tr
Trainor,r
Quit Claim Deed
related
—
Oct 29, 1993
—
Trainor,angelina Trustee
Trainor,a
Quit Claim Deed
related
—
Sep 4, 1991
—
Trainor Peter Decd Est Of
—
Deed Of Trust
related
—
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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