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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Specialty properties
717 Ivy St Glendale, CA 91204-1003
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0408079
Property profile
Verified
Property type
Specialty properties
Use group
KENNEL
Year built
1931
Construction
TILT-UP CONCRETE
Total area
4,756 SF
Lot
0.16 ac (6,926 SF)
Zoning code
GLM2YY
APN
5695-002-014
UPID
US10-0408079
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
-
Glendale Humane Society Animal Shelter Pet Adoption Service
-
Whitaker Dog Day Camp - Dog Daycare, Boarding and Training Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Alex A Albarian · 5 yrs held
Alex A Albarian
since 2021
Last sale
$2.3M
3 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
Method
Estimation
Statistic approach
$1,930,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.25M (May 4 2021)
Last sale anchor
$2.25M
May 4 2021
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
$447 / 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
$16,902
Tax year 2024
Assessed value
$1,502,669
Assessed 2024
Previous assessed
$1,502,669
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$865,945
Assessed improvement
$636,724
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
Specialty properties
Use group
KENNEL
Status
Off-Market
Year built
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Bathrooms
1
Total area
4,756 SF
Lot
0.16 ac (6,926 SF)
Zoning code
GLM2YY
APN
5695-002-014
UPID
US10-0408079
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
1931
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Alex A Albarian
Individual
Free & Clear · 5 yrs held
Mailing address
712 IVY ST, GLENDALE, CA 91204-1004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2021
—
Alex A Albarian
Alex A Albarian
Intrafamily Transfer
related
—
Jan 22, 2021
—
Rafi Albarian
Dorine Albarian
Quit Claim Deed
related
—
Jan 22, 2021
$2,250,000
Alex Albarian
Humane Society Glendale
Grant Deed
$1,700,000 · Glendale Humane Society & Spca
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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