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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
3101 Chevy Chase Dr Glendale, CA 91206
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6723665
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1960
Total area
1,190 SF
Lot
0.13 ac (5,719 SF)
Zoning code
GLC3*
APN
5659-022-007
UPID
US09-6723665
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chevy Chase 3111 Group LLC
Chevy Chase 3111 Group LLC
since 2026
7 recorded transactions
Zoning & alternative use
GLC3* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,673
Tax year 2024
Assessed value
$498,747
Assessed 2024
Previous assessed
$498,747
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$378,569
Assessed improvement
$120,178
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Total area
1,190 SF
Lot
0.13 ac (5,719 SF)
Zoning code
GLC3*
APN
5659-022-007
UPID
US09-6723665
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC3* · Glendale, CA
Zoning GLC3* · permitted uses
GLC3* · 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
1960
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Chevy Chase 3111 Group LLC
Entity
Mailing address
1770 GOLF CLB DR, GLENDALE, CA 91206-1350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Chevy Chase 3111 Group LLC
Vahagn Gevorgyan
Grant Deed
—
Feb 25, 2014
—
Vahagn Gevorgyan
Gevorgyan,susanna
Quit Claim Deed
related
—
Feb 25, 2014
$415,000
Vahagn Gevorgyan
Albert Davoodian
Grant Deed
$360,250 · Pacific Premier Bank
Aug 2, 2012
$260,000
Albert Davoodian
Abram,edvard K
Grant Deed
$260,000 · Vartazarian Vahik Living Trust
Dec 5, 2011
—
Edvard K Abran
Davoudian,hermineh
Quit Claim Deed
related
—
Dec 5, 2011
$250,000
Edvard K Abran
Vartazarian V Living Trust
Grant Deed
$245,000 · Vartazarian Vahik Living Trust
Mar 18, 2010
—
Vartazarian Vahik Living Trust
Vartazarian,vahik H
Quit Claim Deed
related
—
Dec 14, 2009
—
Vahik H Vartazarian
Vartazarian V & Amirkhanian A
Quit Claim Deed
related
—
Jan 10, 2006
—
Vartazarian Vahik Trust
Vartazarian,vahik
Quit Claim Deed
related
—
Jun 25, 2004
$602,000
Vahik Vartazarian
Albaiady,mary
Grant Deed
$341,000 · Interbay Funding LLC
Jun 25, 2004
—
Vahik Vartazarian
Amirkhanian,annette
Grant Deed
related
—
Jun 11, 2003
—
Mary Albaiady
Wannas Albaiady,talaat K
Quit Claim Deed
related
—
Oct 15, 1996
—
Talaat K Albaiady
Albaiady,f A
Quit Claim Deed
related
—
Oct 15, 1996
$183,000
Albaiady,talaat K
First Fidelity Thrift & Loan
Trustees Deed
$147,000 · Heller First Capital
Mar 1, 1996
$211,500
Fidelity Thrift First
Fouad Zaky,wassim & Faten
Trustees Deed
related
—
—
—
Zaky Wassim F
—
Deed Of Trust
related
$1,140,000 · First Fidelity Thrift & Loan
—
—
Edvard K Abram
—
Deed Of Trust
related
$190,000 · Vahik Vartazarian
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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