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Property profile & analytics
OFF-MARKET
Estimated value
$23,705,000
High-rise multifamily apartments
520 Central Ave Glendale, CA 91203-1926
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7901146
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1986
Construction
CONCRETE
Total area
161,848 SF
Lot
1.22 ac (53,066 SF)
Zoning code
GLC2*
APN
5643-001-069
UPID
US09-7901146
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
-
Neil James C Law Firm
-
Khaloian Hovik M CPA Accounting Firm Tax Preparation
-
Gradillas Court Reporters Law Firm
-
SJD Management Business Management Consultant
-
Team Health Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.71M
Owner & transaction history
520 North Central Property Owner Ll · 8 yrs held
520 North Central Property Owner Ll
since 2018
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$146 / 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
$402,836
Tax year 2024
Assessed value
$34,526,250
Assessed 2024
Previous assessed
$34,526,250
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$11,712,948
Assessed improvement
$22,813,302
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
NONE
Buildings
2
Units
98
Total area
161,848 SF
Lot
1.22 ac (53,066 SF)
Zoning code
GLC2*
APN
5643-001-069
UPID
US09-7901146
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
1986
Construction
CONCRETE
Heating
NONE
Buildings
2
Units
98
Lot
1.22 ac
Current owner
From public records · entity-resolved
520 North Central Property Owner Ll
Entity
Mailing address
245 S LOS ROBLES AVE #100, PASADENA, CA 91101-2830
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 20, 2026
—
520 North Central Property Owner Ll
—
Deed
related
$52,000,000 · Dwight Vi Credit LLC
Oct 27, 2023
—
520 North Central Property Owner Ll
—
Deed
related
$48,500,000 · Cathay Bank
Mar 26, 2020
—
520 North Central Property Owner Ll
—
Deed
related
$57,540,000 · Royal Business Bank
Apr 2, 2018
$27,500,000
520 North Central Property Owner Ll
North Central Property Owner LLC
Grant Deed
$13,750,000 · Royal Business Bank
Feb 27, 2017
$19,565,000
North Central Property Owner LLC
Wcot Glendale LLC
Grant Deed
—
Dec 27, 2007
$24,525,000
Wcot Glendale LLC
First American Title
Grant Deed
—
Oct 8, 1993
—
520 North Central Ltd Ptshp
520 North Centra
Quit Claim Deed
related
—
Jun 26, 1990
$3,703,000
Barlow Griffith
Lobar Properties
Trustees Deed
—
—
—
520
—
Deed Of Trust
related
$17,300,000 · Metro Ins&annuit
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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