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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Retail space
4121 Pennsylvania Ave Glendale, CA 91214-3700
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7411591
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
WOOD
Total area
10,207 SF
Lot
0.49 ac (21,165 SF)
Zoning code
GLC2*
APN
5607-001-001
UPID
US09-7411591
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
-
Gardenia Market, Deli & Pizzeria Restaurant
-
Bitcoin ATM Glendale - Coinhub Currency Exchange Service Atm
-
Doggie Styles Pet Grooming Service
-
Ace Prep Tutoring Service
-
AJ Noodles Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$2.75M
Owner & transaction history
Syrian Orthodox Patriarchate · 23 yrs held
Syrian Orthodox Patriarchate
since 2003
7 recorded transactions
Zoning & alternative use
GLC2* · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.75M
Range $2.47M – $3.02M · ±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
$269 / 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
$22,216
Tax year 2024
Assessed value
$1,874,491
Assessed 2024
Previous assessed
$1,874,491
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,043,483
Assessed improvement
$831,008
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
10,207 SF
Lot
0.49 ac (21,165 SF)
Zoning code
GLC2*
APN
5607-001-001
UPID
US09-7411591
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC2* · Glendale, CA
Zoning GLC2* · permitted uses
GLC2* · 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
1985
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Syrian Orthodox Patriarchate
Individual
Free & Clear · 23 yrs held
Mailing address
16101 VENTURA BLVD STE #325, ENCINO, CA 91436-2515
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Jan 24, 2003
—
Syrian Orthodox Patriarchate
Kaplan,archbishop A
Quit Claim Deed
related
—
Jan 15, 2003
—
Syrian Orthodox Patriarchate
Kaplan,archbishop A
Quit Claim Deed
related
—
Jul 3, 1997
$920,000
Archbishop A Kaplan
Assil,robert A
Grant Deed
$320,000 · Southern Pacific Thrift & Loan
Apr 23, 1997
$112,424
Robert A Assil
Park,eugene H & Minna Y
Trustees Deed
—
Jun 29, 1993
$2,045
Hannah Y Park
Park,eugene H &
Grant Deed
related
—
Feb 26, 1993
$1,375,000
Eugene H Park
Altounian,krikor
Grant Deed
$985,000 · Hanmi Bank
—
—
Krikor Altounian
—
Deed Of Trust
related
$118,700 · Saade Julio&m
—
—
Krikor Altounian
—
Deed Of Trust
related
$20,000 · Individual
—
—
Won Park
—
Deed Of Trust
related
$25,244 · Household Finance Corp Ca
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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