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Property profile & analytics
OFF-MARKET
Estimated value
$4,085,000
Investment properties
725 Glendale Ave Glendale, CA 91205-2395
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7006231
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1981
Construction
TILT-UP CONCRETE
Total area
9,648 SF
Lot
0.17 ac (7,488 SF)
Zoning code
GLC3*
APN
5641-011-014
UPID
US09-7006231
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
-
High Cut Barber Shop & Supply Barber Shop
-
D'or Perfumes Cosmetic Store
-
LIHA Home Health Care Inc. Home Health Care Service
-
MMA Home Health Care Inc. Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.09M
CAP Approach
CAP
$2.94M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$4.09M
Owner & transaction history
Hmk Holdings LLC · 3 yrs held
Hmk Holdings LLC
since 2023
Last sale
$4.2M
6 recorded transactions
Zoning & alternative use
GLC3* · Glendale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.4M
+63.4%
Neighborhood: shopping center
$5.9M
+50.3%
Office building
$5.0M
+27.5%
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
$4,025,000
ML approach
$4,085,000
CAP Approach
CAP Return
Estimation
6%
$3,185,000
6.5%
$2,940,000
7%
$2,730,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,905,000
Current use
RESTAURANT
$6,380,000
Change: +63% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,870,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$4,980,000
Change: +27% · Conversion: Easy
RETAIL STORES
$4,970,000
Change: +27% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,830,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$4,385,000
Change: +12% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,765,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$4.09M
Range $3.68M – $4.49M · ±10% · vs last sale $4.17M (Feb 16 2023)
Last sale anchor
$4.17M
Feb 16 2023
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
$423 / 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
$33,224
Tax year 2024
Assessed value
$2,973,300
Assessed 2024
Previous assessed
$2,973,300
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,193,400
Assessed improvement
$1,779,900
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
9,648 SF
Lot
0.17 ac (7,488 SF)
Zoning code
GLC3*
APN
5641-011-014
UPID
US09-7006231
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
COMMERCIAL (GENERAL) Current
Est. value
$3.9M
RESTAURANT
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.9M
OFFICE BUILDING
Est. value
$5.0M
RETAIL STORES
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1981
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hmk Holdings LLC
Entity
Mailing address
411 N CENTRAL AVE STE #510, GLENDALE, CA 91203-2020
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
$4,165,000
Hmk Holdings LLC
Armen Minasian
Grant Deed
$1,200,000 · Citizens Business Bank
Jan 6, 2023
—
Armen Minasian
California Partners Group LLC
Grant Deed
—
Mar 10, 2009
$2,010,000
California Partners Group LLC
Blaustein Family Trust
Grant Deed
$1,005,000 · Zions First National Bank
Jul 20, 1995
—
Martine Et Al Trs Dunkel
—
Deed Of Trust
related
—
Jun 30, 1993
—
Cecile R Et Al Trs Epstein
—
Deed Of Trust
related
—
Apr 6, 1991
—
Cecile Et Al Trs Epstein
—
Deed Of Trust
related
—
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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