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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Warehouses
671 Broadway Glendale, CA 91204-1007
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9968898
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1945
Construction
TILT-UP CONCRETE
Total area
12,800 SF
Lot
0.43 ac (18,762 SF)
Zoning code
GLM1YY
APN
5638-004-053
UPID
US09-9968898
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
-
toKernel (Bike/Boat/Book/etc) Store Corporate Office
-
Brainbox Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Gavalian Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
-
AMBNC Media Advertising Agency Marketing & Advertising
-
AVR Networking IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Hakop Yermagyan · 3 yrs held
Hakop Yermagyan
since 2023
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
$115 / 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
$14,870
Tax year 2024
Assessed value
$1,235,034
Assessed 2024
Previous assessed
$1,235,034
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$823,368
Assessed improvement
$411,666
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
12,800 SF
Lot
0.43 ac (18,762 SF)
Zoning code
GLM1YY
APN
5638-004-053
UPID
US09-9968898
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
1945
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Hakop Yermagyan
Individual
Mailing address
1048 TRAFALGER DR, GLENDALE, CA 91207-1140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Hakop Yermagyan
Hakop Yermagyan
Intrafamily Transfer
related
$1,700,000 · Standard Insurance Co
Apr 30, 2019
—
Yermagyan,h Trust
Yermagyan,hakop
Quit Claim Deed
related
—
May 25, 2018
—
Yermagyan,h Trust
—
Deed
related
$100,000 · Poppy Bk
Jan 26, 2018
—
Yermagyan,h Trust
—
Deed
related
$1,725,000 · Poppy Bk
Jun 27, 2017
—
Yermagyan,h Trust
—
Deed
related
$1,600,000 · Lone Oak Fund
Apr 4, 2008
—
Yermagyan,h Trust
Yermagyan,hakop
Quit Claim Deed
related
—
Jun 23, 2006
—
Yermagyan,hakop
Yermagyan,mary
Quit Claim Deed
related
—
Jun 21, 2006
—
Hakop Yermagyan
Hakop Yermagyan
Intrafamily Transfer
related
$1,300,000 · Washington Mutual Bank
—
—
Yermagyan,h Trust
—
Deed Of Trust
related
$250,000 · Eae Investment Holdings LLC
—
—
Yermagyan,h Trust
—
Deed Of Trust
related
$1,600,000 · Lone Oak Fund
—
—
Yermagyan,h Trust
—
Deed Of Trust
related
$1,725,000 · Poppy Bk
—
—
Yermagyan,h Trust
—
Deed Of Trust
related
$100,000 · Poppy Bk
—
—
Yermagyan,h Trust
—
Deed Of Trust
related
$200,000 · Arthur S Nersesian
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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