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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Auto shops
737 Glendale Ave Glendale, CA 91205-2317
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6884171
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1961
Construction
TILT-UP CONCRETE
Total area
7,570 SF
Lot
0.37 ac (15,928 SF)
Zoning code
GLC3*
APN
5641-011-011
UPID
US09-6884171
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
-
Specialist Wheel Repair Auto Repair Shop
-
American Smogs Sustainability Organization
-
Advanced Auto Care Auto Repair Shop
-
American Tire Stores - Glendale Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Ara A Tchaghlassian · 4 yrs held
Ara A Tchaghlassian
since 2022
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
GLC3* · 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
$610,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jun 24 2022)
Last sale anchor
$575k
Jun 24 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
$76 / 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
$24,142
Tax year 2024
Assessed value
$2,125,561
Assessed 2024
Previous assessed
$2,125,561
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,487,160
Assessed improvement
$638,401
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
7,570 SF
Lot
0.37 ac (15,928 SF)
Zoning code
GLC3*
APN
5641-011-011
UPID
US09-6884171
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.
Building & site characteristics
From public records
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Ara A Tchaghlassian
Individual
Mailing address
2875 POMONA BLVD, POMONA, CA 91768-3281
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
—
Ara A Tchaghlassian
Ara A Tchaghlassian
Intrafamily Transfer
related
—
Oct 19, 2017
—
Tchaghlassian Ara A Trust
—
Grant Deed
related
$20,000,000 · Cathay Bk
Jun 19, 2014
—
Ara A Tchaghlassian
Tchaghlassian,aline
Quit Claim Deed
related
$1,378,000 · Onewest Bank NA
Feb 4, 2011
—
Tchaghlassian Ara A Trust
Tchaghlassian,ara A
Quit Claim Deed
related
—
Dec 30, 2005
$575,000
Ara Tchaghlassian
Akhian,andon T
Grant Deed
—
Sep 30, 2004
—
Andon T Akhian
Akhian,tina M
Quit Claim Deed
related
—
Sep 30, 2004
$1,150,000
Andon T Akhian
Evans Scott T & C A Trust
Grant Deed
$575,000 · Bank Of America
Mar 14, 1995
—
Eva M Evans
—
Deed Of Trust
related
—
—
—
Ara Tchaghlassian
—
Deed Of Trust
related
$415,000 · California Statewide Certified
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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