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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Office buildings
606 Glenoaks Blvd Glendale, CA 91207-1779
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6359659
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2000
Construction
TILT-UP CONCRETE
Total area
3,957 SF
Lot
0.16 ac (7,053 SF)
Zoning code
GLC3*
APN
5644-019-032
UPID
US09-6359659
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
-
Peggy Najmabadi DDS Dental Office
-
Yum Yum Donuts Bakery Discount Store
-
Pinnacle LLP Law Firm
-
Atlas Passport and Visa Services Travel Agency
-
A-Able (Atlas) Passport & Visa Services (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
606 E Glenoaks Property LLC · 13 yrs held
606 E Glenoaks Property LLC
since 2012
7 recorded transactions
Zoning & alternative use
GLC3* · 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%
$1,385,000
6.5%
$1,280,000
7%
$1,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,040,000
Current use
RETAIL STORES
$2,040,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,980,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,800,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±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
$335 / 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
$22,487
Tax year 2024
Assessed value
$2,023,395
Assessed 2024
Previous assessed
$2,023,395
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$488,944
Assessed improvement
$1,534,451
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,957 SF
Lot
0.16 ac (7,053 SF)
Zoning code
GLC3*
APN
5644-019-032
UPID
US09-6359659
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC3* · Glendale, CA
Zoning GLC3* · permitted uses
GLC3* · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
606 E Glenoaks Property LLC
Entity
Free & Clear · 13 yrs held
Mailing address
243 22ND ST, SANTA MONICA, CA 90402-2505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
606 East Glenoaks Property LLC
—
Deed
related
$862,500 · Bank Of America
Dec 20, 2012
$1,620,000
606 E Glenoaks Property LLC
Karapetian,gevork G & Gayane D
Grant Deed
—
Aug 20, 2004
$1,540,000
Gevork F Karapetian
Derohanessians,alfred
Grant Deed
$618,000 · Wells Fargo Bank
Apr 9, 2003
$945,000
Alfred Derohanessians
Minassian,edik Tr
Grant Deed
$708,700 · Cnl Commercial Finance INC
Oct 15, 2002
—
Minassian,edik & Adrineh Tr
Minassian,e
Quit Claim Deed
related
—
Mar 17, 1998
$250,000
Eddie Minassian
Shahmoradian,robik & Bella
Grant Deed
$170,000 · Bank Of Commerce
Aug 31, 1995
$205,000
Robik Shahmoradian
Bates Trust
Grant Deed
$102,500 · American Mutual Mortgage
Dec 7, 1990
$400,000
Bates John F
Unknown
Grant Deed
—
Nov 13, 1989
—
Ebner Betty J
—
Deed Of Trust
related
—
—
—
606 East Glenoaks Property LLC
—
Deed Of Trust
related
$862,500 · Bank Of America
—
—
606 East Glenoaks Property LLC
—
Deed Of Trust
related
$1,053,000 · Bank Of America
—
—
Miridjanian Sark
—
Deed Of Trust
related
$30,000 · 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.
Try Rey
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