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Property profile & analytics
OFF-MARKET
Turn key restaurants
514 Colorado St Glendale, CA 91204-1102
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-6539313
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
TILT-UP CONCRETE
Total area
208 SF
Lot
0.15 ac (6,321 SF)
Zoning code
GLM1YY
APN
5696-002-003
UPID
US09-6539313
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
-
TORO Grillhouse Restaurant
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
514 W Colorado LLC
514 W Colorado LLC
since 2026
7 recorded transactions
Zoning & alternative use
GLM1YY · 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
$7,222
Tax year 2024
Assessed value
$641,183
Assessed 2024
Previous assessed
$641,183
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$634,222
Assessed improvement
$6,961
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
208 SF
Lot
0.15 ac (6,321 SF)
Zoning code
GLM1YY
APN
5696-002-003
UPID
US09-6539313
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM1YY · Glendale, CA
Zoning GLM1YY · permitted uses
GLM1YY · 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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
514 W Colorado LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2617 MTN PNE DR, LA CRESCENTA, CA 91214-1410
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
—
514 W Colorado LLC
Neshan Minasian
Grant Deed
—
Mar 12, 2026
—
Neshan Minasian
Neshan Minasian
Deed
related
—
Apr 15, 2004
—
Josephine Minas
Dizayer,david
Quit Claim Deed
related
—
Apr 15, 2004
$460,000
Neshan Minasian
Minas,josephine
Grant Deed
related
—
Jan 10, 2002
$360,000
Mohammad Varastehpour
Soriano Trust
Grant Deed
$255,000 · Soriano Trust
Sep 9, 1998
—
Soriano,morris & Marcy Trustees
Tungkavet,j & B
Grant Deed
related
—
May 8, 1996
—
Vorayuth Nernsuan
Nernsuan,s
Quit Claim Deed
related
—
Apr 13, 1990
—
Nernsuan Somrude
Nerns
Quit Claim Deed
related
—
Jan 12, 1990
$448,000
Tungkavet Jitpad
Soriano Morris&m
Grant Deed
$285,600 · Soriano Tr
Jul 6, 1988
$345,000
Morris Soriano
Bube
Grant Deed
—
—
—
Soriano Trust
—
Deed Of Trust
related
$60,000 · Individual
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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