Technical
Financial
Distress signals
Property profile

243 Central Ave Glendale, CA 91203

OFF-MARKET
Turn key restaurants
Property ID
US09-7420180
2,206 SF 0.36 ac lot Built 1969
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction TILT-UP CONCRETE
Total area 2,206 SF
Lot 0.36 ac (15,510 SF)
Zoning code GLC3*
APN 5637-007-004
UPID US09-7420180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

243 Central Ave Glendale, CA 91203
Glendale metro Census 301802 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.87M

Owner & transaction history

since 2021
Last sale
$8.4M
7 recorded transactions
2021
$8.4M
2021
Price N/A
2020
Price N/A
2019
$4.0M
2018
Price N/A
2015
Price N/A
2015
$1.5M

Zoning & alternative use

GLC3* · Glendale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 243 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message