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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Manufacturing properties
731 Wilson Ave Glendale, CA 91203-2447
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-0408859
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1926
Construction
TILT-UP CONCRETE
Total area
6,887 SF
Lot
0.15 ac (6,567 SF)
Zoning code
GLM2YY
APN
5638-007-037
UPID
US10-0408859
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
-
Nico Nazar Creative Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$905k
Owner & transaction history
Melzar LLC · 10 yrs held
Melzar LLC
since 2016
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$131 / 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
$12,156
Tax year 2024
Assessed value
$1,052,488
Assessed 2024
Previous assessed
$1,052,488
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$625,804
Assessed improvement
$426,684
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,887 SF
Lot
0.15 ac (6,567 SF)
Zoning code
GLM2YY
APN
5638-007-037
UPID
US10-0408859
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
1926
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Melzar LLC
Entity
Mailing address
PO BOX 3538, GLENDALE, CA 91221-0538
Ownership since
2016
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 27, 2026
—
Melzar LLC
—
Deed
related
$5,000,000 · Golden State Bank
Jul 20, 2022
—
Melzar LLC
—
Deed
related
$3,000,000 · Golden State Bank
Jun 1, 2021
—
Melzar LLC
—
Deed
related
$1,300,000 · Golden State Bank
Oct 1, 2018
—
Melzar LLC
—
Grant Deed
related
$2,960,000 · Commonwealth Busn Bk
Jul 7, 2016
$3,300,000
Melzar LLC
Frank Pozgaj
Grant Deed
$2,805,000 · Commonwealth Business Bank
—
—
Pozgaj Frank
—
Deed Of Trust
related
$200,000 · Vly Bk Gle
—
—
Pozgal Trust
—
Deed Of Trust
related
—
—
—
Pozgaj Frank & M Family Trust
—
Deed Of Trust
related
$1,050,000 · Far East National Bank
—
—
Pozgal Trust
—
Deed Of Trust
related
$115,000 · Wells Fargo Bank
—
—
Pozgaj Frank
—
Deed Of Trust
related
$65,000 · Valley Bank
—
—
Pozgaj Frank & Maria Fam Trust
—
Deed Of Trust
related
$1,050,000 · Far East National Bank
—
—
Pozgai Trust
—
Deed Of Trust
related
$650,000 · Far East National Bank
—
—
Pozgaj Frank
—
Deed Of Trust
related
$268,000 · Valley Bank
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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