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Property profile & analytics
OFF-MARKET
Manufacturing properties
612 Elk Ave Glendale, CA 91204-1404
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6554171
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1929
Construction
TILT-UP CONCRETE
Total area
4,459 SF
Lot
0.28 ac (12,193 SF)
Zoning code
GLM2YY
APN
5696-007-019
UPID
US09-6554171
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
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
Trojan Storage Of Glendale LLC · 7 yrs held
Trojan Storage Of Glendale LLC
since 2019
7 recorded transactions
Zoning & alternative use
GLM2YY · 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
$11,715
Tax year 2024
Assessed value
$1,038,961
Assessed 2024
Previous assessed
$1,038,961
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$984,280
Assessed improvement
$54,681
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
Total area
4,459 SF
Lot
0.28 ac (12,193 SF)
Zoning code
GLM2YY
APN
5696-007-019
UPID
US09-6554171
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM2YY · Glendale, CA
Zoning GLM2YY · permitted uses
GLM2YY · 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
Lot
0.28 ac
Current owner
From public records · entity-resolved
Trojan Storage Of Glendale LLC
Entity
Mailing address
1732 AVIATION BLVD #217, REDONDO BEACH, CA 90278-2810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
—
Trojan Storage Of Glendale LLC
—
Deed
related
$129,750,000 · Aig Asset Management LLC
Apr 15, 2020
—
Trojan Storage Of Glendale LLC
—
Deed Of Trust
related
$29,500,000 · Comerica Bk
Apr 25, 2019
—
Trojan Storage Of Glendale LLC
—
Deed
related
$6,250,000 · Comerica Bank
Feb 11, 2019
$9,000,000
Trojan Storage Of Glendale LLC
Ritt Industries LLC
Grant Deed
—
Dec 10, 2018
—
Ritt Industries LLC
—
Deed
related
$500,000 · Kobre Holdings LLC
Aug 3, 2018
—
Ritt Industries LLC
—
Grant Deed
related
$7,100,000 · Private Mtg Fund
Mar 30, 2018
—
Ritt Industries LLC
—
Deed
related
$500,000 · Aso LLC
Feb 11, 2014
—
Ritt Industries LLC
Ritt Entertainment LLC
Quit Claim Deed
—
Dec 24, 2003
—
Ritt Industries LLC
—
Deed Of Trust
related
$2,905,000 · Wells Fargo Bank
Jul 7, 1998
$450,000
Ritt Entertainment LLC
Howarth Trust
Grant Deed
—
—
—
City Live Oak Community LLC
—
Deed Of Trust
related
$6,250,000 · Bolour Associates INC
—
—
Ritt Industries LLC
—
Deed Of Trust
related
$500,000 · Kobre Holdings LLC
—
—
Ritt Entertainment LLC
—
Deed Of Trust
related
$450,000 · Finova Capital Corp
—
—
Ritt Entertainment LLC
—
Deed Of Trust
related
—
—
—
Ritt Industries LLC
—
Deed Of Trust
related
$1,000,000 · Bolour Associates INC
—
—
Ritt Ent LLC
—
Deed Of Trust
related
$800,000 · Jl Financing LLC
—
—
Ritt Industries LLC
—
Deed Of Trust
related
$500,000 · Aso LLC
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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