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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Manufacturing properties
512 Riverdale Dr Glendale, CA 91204
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7420570
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1929
Construction
TILT-UP CONCRETE
Total area
28,695 SF
Lot
0.93 ac (40,528 SF)
Zoning code
GLM2*
APN
5696-015-027
UPID
US09-7420570
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
-
Glendale Moving Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$2.29M
Owner & transaction history
514 Riverdale LLC · 8 yrs held
514 Riverdale LLC
since 2017
7 recorded transactions
Zoning & alternative use
GLM2* · 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
$2.29M
Range $2.06M – $2.52M · ±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
$80 / 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
$63,828
Tax year 2024
Assessed value
$5,577,592
Assessed 2024
Previous assessed
$5,577,592
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$3,904,315
Assessed improvement
$1,673,277
Applied tax rate
11.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
28,695 SF
Lot
0.93 ac (40,528 SF)
Zoning code
GLM2*
APN
5696-015-027
UPID
US09-7420570
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM2* · Glendale, CA
Zoning GLM2* · permitted uses
GLM2* · 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
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
514 Riverdale LLC
Entity
Mailing address
606 S OLIVE ST STE #600, LOS ANGELES, CA 90014-1669
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2022
—
514 Riverdale LLC
—
Deed
related
$5,300,000 · Premier America Cu
Apr 1, 2019
—
514 Riverdale LLC
—
Deed
related
$4,000,000 · Israel Discount Bk/ny
May 21, 2018
—
514 Riverdale LLC
—
Deed
related
$4,000,000 · Israel Discount Bk/ny
Dec 12, 2017
$5,000,000
514 Riverdale LLC
Wilkie Leighton A Trust
Grant Deed
—
Dec 5, 2008
—
Michael L Wilkie
Wilkie,michael L
Quit Claim Deed
related
—
Nov 25, 2008
—
Michael L Wilkie
Wilkie,michael L
Quit Claim Deed
related
—
Oct 5, 1990
$2,370,000
Wilkie Michael L
Landmark Homes
Trustees Deed
—
Oct 5, 1990
$1,720,000
Landmark Homes I
Maluccio Michael
Trustees Deed
related
—
—
—
514 Riverdale LLC
—
Loan Modification
related
$4,000,000 · Israel Discount Bk/ny
—
—
514 Riverdale LLC
—
Deed Of Trust
related
$4,000,000 · Israel Discount Bk/ny
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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