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Property profile & analytics
OFF-MARKET
Estimated value
$16,345,000
Grocery and convenience stores
6501 San Fernando Rd Glendale, CA 91201-3630
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6999872
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2003
Construction
TILT-UP CONCRETE
Total area
51,258 SF
Lot
2.91 ac (126,881 SF)
Zoning code
GLM2*
APN
5627-002-017
UPID
US09-6999872
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
-
Simon Barber Salon Barber Shop
-
Supreme Oriental Rug Care Carpet Cleaning Service
-
AF Golden Cleaners (Bike/Boat/Book/etc) Store
-
Bobapop Tea Bar Cafe & Coffee Shop
-
Ria Money Transfer - AF Golden Cleaners Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.35M
Owner & transaction history
Ani Properties Group LLC · 7 yrs held
Ani Properties Group LLC
since 2019
7 recorded transactions
Zoning & alternative use
GLM2* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$26.4M
+0.2%
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
Alternative Use
Use
Estimation
RETAIL STORES
$26,405,000
Current use
OFFICE BUILDING
$26,445,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$25,650,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$23,300,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$16.35M
Range $14.71M – $17.98M · ±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
$319 / 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
$205,986
Tax year 2024
Assessed value
$18,045,158
Assessed 2024
Previous assessed
$18,045,158
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$12,030,106
Assessed improvement
$6,015,052
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Total area
51,258 SF
Lot
2.91 ac (126,881 SF)
Zoning code
GLM2*
APN
5627-002-017
UPID
US09-6999872
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM2* · Glendale, CAZoning GLM2* · permitted uses
GLM2* · Glendale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$26.4M
OFFICE BUILDING
Est. value
$26.4M
AUTO REPAIR, GARAGE
Est. value
$25.7M
MEDICAL BUILDING
Est. value
$23.3M
RETAIL STORES Current
OFFICE BUILDING
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.91 ac
Current owner
From public records · entity-resolved
Ani Properties Group LLC
Entity
Mailing address
791 S MSN RD, LOS ANGELES, CA 90023-1038
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
—
Fermanian Properties Glendale LLC
—
Deed
related
$10,000,000 · Us Bank NA
Jan 14, 2019
—
Ani Properties Group LLC
Ani Properties LLC
Quit Claim Deed
related
—
Jan 14, 2019
$3,750,000
Varoush Ferkassian
Arnitco Ents LLC
Grant Deed
—
Jan 14, 2019
$16,500,000
Fermanian Properties Glendale LLC
Ani Properties Group LLC
Grant Deed
$11,550,000 · Mufg Union Bank NA
Aug 31, 2018
$3,129,500
Pacific Grp Intl LLC
Glendale Property LP
Grant Deed
$2,250,000 · Baron & Field LP
Jan 12, 2011
—
Glendale Property LP
Ireland Family LP
Quit Claim Deed
related
—
Jun 15, 2007
—
Baron
Lenore Family
Grant Deed
—
Dec 23, 2003
—
Lenore Family LP
Hardy,barry C
Grant Deed
related
—
Nov 26, 2002
—
Barry Hardy
Psa Institutional Partners LP
Grant Deed
related
—
Jul 28, 2000
—
Institutional Partner Psa
Tension,envelope
Grant Deed
related
—
Nov 14, 1995
—
Tension Evelope Corp
—
Deed Of Trust
related
$2,300,000 · Boatmen's First Nat'l Bk Kansa
Nov 13, 1995
$2,500,000
Tension Enevelope Corp
International Paper Co
Grant Deed
—
—
—
Ani Properties LLC
—
Deed Of Trust
related
$3,920,000 · International Lenders LP
—
—
Barry Hardy
—
Deed Of Trust
related
$500,000 · John Quinlan
—
—
International Lenders LP
—
Deed Of Trust
related
$3,420,002 · Us Bank NA
—
—
Barry C Hardy
—
Deed Of Trust
related
$550,000 · Simmons & Crest Ltd
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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