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Property profile & analytics
OFF-MARKET
Estimated value
$10,085,000
Turn key restaurants
820 Central Ave Glendale, CA 91203-1204
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9298251
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
WOOD
Total area
5,632 SF
Lot
0.33 ac (14,383 SF)
Zoning code
25633
APN
5644-003-081
UPID
US09-9298251
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
-
New York Life Insurance Agency
-
Central Collision Center Auto Repair Shop Vehicle Inspection Center
-
Conrad's Restaurant #2 Restaurant
-
Eds auto repair Auto Repair Shop
-
MSW Solar Energy Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.09M
Owner & transaction history
Arden Residences LLC · 3 yrs held
Arden Residences LLC
since 2023
Last sale
$12.2M
5 recorded transactions
Zoning & alternative use
25633 · 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
$12,175,000
ML approach
$8,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.09M
Range $9.08M – $11.09M · ±10% · vs last sale $12.24M (Apr 26 2023)
Last sale anchor
$12.24M
Apr 26 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
$1,791 / 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
$57,263
Tax year 2024
Assessed value
$4,998,000
Assessed 2024
Previous assessed
$4,998,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$4,998,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,632 SF
Lot
0.33 ac (14,383 SF)
Zoning code
25633
APN
5644-003-081
UPID
US09-9298251
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
25633 · Glendale, CA
Zoning 25633 · permitted uses
25633 · 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
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Arden Residences LLC
Entity
Free & Clear · 3 yrs held
Mailing address
700 N BRAND BLVD STE #600, GLENDALE, CA 91203-4273
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
$12,240,000
Arden Residences LLC
By Funding III LLC
Grant Deed
—
Jun 11, 2021
$9,000,000
Bv Funding III LLC
Joel B Weinberg
Grant Deed
$6,025,000 · Commencement Bank
Dec 8, 2015
$1,200,000
Bissias Dalkas & Riordan Ents
Glendale Successor Agency
Grant Deed
$2,000,000 · Farmers & Merchants Bk/lng Bch
Dec 17, 2012
—
Glendale Successor Agency
City Of Glendale
Quit Claim Deed
related
—
Mar 17, 2011
—
City Of Glendale
Glendale Redev Agency
Quit Claim Deed
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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