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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Office buildings
372 Arden Ave Glendale, CA 91203-1129
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-7000244
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
TILT-UP CONCRETE
Total area
11,216 SF
Lot
0.4 ac (17,511 SF)
Zoning code
GLCPD*
APN
5636-013-086
UPID
US09-7000244
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
-
JKC Enterprises Construction Company
-
Rupeshbhai Patel Alternative Medicine Practice
-
Tragos Nicholas G Physician
-
Go Flawless Now Spa & Massage Center Alternative Medicine Practice
-
Dr. John Rundles Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Nac Enterprises LP · 10 yrs held
Nac Enterprises LP
since 2015
7 recorded transactions
Zoning & alternative use
GLCPD* · 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
$204 / 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
$27,137
Tax year 2024
Assessed value
$2,384,575
Assessed 2024
Previous assessed
$2,384,575
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$948,163
Assessed improvement
$1,436,412
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
11,216 SF
Lot
0.4 ac (17,511 SF)
Zoning code
GLCPD*
APN
5636-013-086
UPID
US09-7000244
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLCPD* · Glendale, CA
Zoning GLCPD* · permitted uses
GLCPD* · 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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nac Enterprises LP
Entity
Mailing address
372 ARDEN AVE, GLENDALE, CA 91203-1129
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2021
—
Nac Enterprises LP
—
Deed
related
$2,250,000 · Farmers & Merchants Bank Of Long Beach
Jul 30, 2018
—
Nac Enterprises LP
—
Deed
related
$1,450,000 · Community Bank
Aug 19, 2015
—
Nac Enterprises LP
Nac Enterprises INC
Grant Deed
$1,300,000 · Community Bank
Jan 31, 1994
—
Nac Enterprises INC
—
Deed Of Trust
related
—
—
—
Aram Kazazian
—
Deed Of Trust
related
$5,000 · Individual
—
—
Aram Kazazian
—
Deed Of Trust
related
$100,000 · Garfield Bank
—
—
Aram Kazazian
—
Deed Of Trust
related
$100,000 · Garfield Bank
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.
Try Rey
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