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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Turn key restaurants
3111 Glendale Blvd Los Angeles, CA 90039-1841
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6458450
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1966
Construction
WOOD
Total area
4,798 SF
Lot
0.29 ac (12,507 SF)
Zoning code
LAC4
APN
5435-027-020
UPID
US09-6458450
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
-
Deadcell Entertainment™ Tech Support Center Rental Equipment Company
-
baby battista Bar & Pub
-
Link N Hops Bar & Pub
-
Order Pass Restaurant
-
Kava Kulture LA Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$755k
Owner & transaction history
Future Dev INC · 19 yrs held
Future Dev INC
since 2006
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, 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 Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$157 / 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
$32,268
Tax year 2024
Assessed value
$2,584,996
Assessed 2024
Previous assessed
$2,584,996
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,970,275
Assessed improvement
$614,721
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
4,798 SF
Lot
0.29 ac (12,507 SF)
Zoning code
LAC4
APN
5435-027-020
UPID
US09-6458450
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CAZoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Future Dev INC
Entity
Mailing address
10045 CHARDONNAY CT, SUN VALLEY, CA 91352-4239
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2019
—
Future Dev INC
—
Deed
related
$1,900,000 · Miscellaneous Ins Co
Nov 29, 2006
—
Future Dev INC
Hasroun,andy
Quit Claim Deed
related
—
May 13, 2005
—
Hasroun Naim A Trust
Hasroun,naim A
Quit Claim Deed
related
—
Jun 24, 2004
—
Naim A Hasroun
Dorgill,helen
Grant Deed
$400,000 · Zions First National Bank
Jun 24, 2004
$800,000
Naim A Hasroun
Ross,tr
Grant Deed
—
—
—
Future Dev INC
—
Deed Of Trust
related
$2,000,000 · Wilshire State Bank
—
—
Hasroun Andy Living Trust
—
Deed Of Trust
related
$300,000 · Mohammad H Adhami
—
—
Hasroun Andy Living Trust
—
Deed Of Trust
related
$200,000 · Mohammad H Adhami
—
—
Hasroun Andy Living Trust
—
Deed Of Trust
related
$200,000 · Mohammad H Adhami
—
—
Future Dev INC
—
Deed Of Trust
related
$300,000 · Advertiser Select
—
—
Naim A Hasroun
—
Deed Of Trust
related
$294,000 · California Statewide Certified
—
—
Naim A Hasroun
—
Deed Of Trust
related
$294,000 · California Statewide Certified
—
—
Future Dev INC
—
Deed Of Trust
related
$250,000 · Advertiser Select
—
—
Future Dev INC
—
Deed Of Trust
related
$1,600,000 · Mirae Bank
—
—
Future Dev INC
—
Deed Of Trust
related
$1,900,000 · Miscellaneous Ins Co
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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