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Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Retail space
700 Broadway Glendale, CA 91205
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7301165
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
TILT-UP CONCRETE
Total area
10,486 SF
Lot
0.31 ac (13,604 SF)
Zoning code
GLC3*
APN
5674-007-016
UPID
US09-7301165
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
$5.07M
CAP Approach
CAP
$6.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.99M
Owner & transaction history
Cultured Investments LLC · 3 yrs held
Cultured Investments LLC
since 2022
Last sale
$4.9M
6 recorded transactions
Zoning & alternative use
GLC3* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.9M
+28.4%
Neighborhood: shopping center
$6.4M
+18.1%
Office building
$5.4M
+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
$5,150,000
ML approach
$5,070,000
CAP Approach
CAP Return
Estimation
6%
$6,525,000
6.5%
$6,025,000
7%
$5,595,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,400,000
Current use
RESTAURANT
$6,935,000
Change: +28% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,380,000
Change: +18% · Conversion: Moderate
OFFICE BUILDING
$5,410,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,245,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$4,765,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$4.99M
Range $4.49M – $5.49M · ±10% · vs last sale $4.87M (Aug 9 2022)
Last sale anchor
$4.87M
Aug 9 2022
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
$476 / 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
$55,150
Tax year 2024
Assessed value
$4,967,400
Assessed 2024
Previous assessed
$4,967,400
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,986,960
Assessed improvement
$2,980,440
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
10,486 SF
Lot
0.31 ac (13,604 SF)
Zoning code
GLC3*
APN
5674-007-016
UPID
US09-7301165
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
RETAIL STORES Current
Est. value
$5.4M
RESTAURANT
Est. value
$6.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
OFFICE BUILDING
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Cultured Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
213 N ORANGE ST STE A, GLENDALE, CA 91203-2665
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
$4,870,000
Cultured Investments LLC
Christina M Bridges
Grant Deed
—
Aug 9, 2022
—
Christina Marie Bridges
Roy Marshall Bridges
Intrafamily Transfer
related
—
Feb 23, 2021
—
Christina M Bridges
Rose Latino
Affidavit Death Of Trustee/successor Trustee
—
Jul 2, 2007
—
Latino Family Trust
Latino,rose
Quit Claim Deed
related
—
Jun 29, 2006
—
Latino,rose
Latino,matteo
Affidavit Of Death
related
—
—
—
Matteo Latino
—
Deed Of Trust
related
$400,400 · Us Small Business Admn
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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