New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Parking lots & garages
1060 Gladstone St, Azusa, CA 91702
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8202417
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1964
Construction
WOOD
Total area
160 SF
Lot
1.63 ac (70,965 SF)
Zoning code
AZM2*
APN
8619-004-026
UPID
US09-8202417
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Majid Vafamanesh · 2 yrs held
Majid Vafamanesh
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
AZM2* · Azusa, 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 Azusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azusa 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Feb 22 2024)
Last sale anchor
$1.50M
Feb 22 2024
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
$9,375 / 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
$16,298
Tax year 2024
Assessed value
$1,158,975
Assessed 2024
Previous assessed
$1,158,975
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,146,105
Assessed improvement
$12,870
Applied tax rate
2.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Total area
160 SF
Lot
1.63 ac (70,965 SF)
Zoning code
AZM2*
APN
8619-004-026
UPID
US09-8202417
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZM2* · Azusa, CA
Zoning AZM2* · permitted uses
AZM2* · Azusa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Azusa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Lot
1.63 ac
Current owner
From public records · entity-resolved
Majid Vafamanesh
Individual
Mailing address
13681 NEWPORT AVE STE #8, TUSTIN, CA 92780-7815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
—
Majid Vafamanesh
Majid Vafamanesh
Intrafamily Transfer
related
—
Jan 31, 2020
—
Majid Vafamanesh
Majid Vafamanesh
Quit Claim Deed
related
$1,960,000 · Kinecta FCU
Apr 30, 2008
—
Majid Vafamanesh
Vafamanesh,majid
Quit Claim Deed
related
—
Mar 31, 2008
—
Majid Vafamanesh
Stoain,carmen
Quit Claim Deed
related
—
Mar 31, 2008
$1,500,000
Majid Vafamanesh
Elmolino Family Trust
Grant Deed
$500,000 · Merchants Bank Of California
Jul 15, 2004
—
George Rosenfeld
Rosenfeld,george & Donna
Quit Claim Deed
related
—
Apr 30, 1992
—
Rosenfedl George
—
Deed Of Trust
related
—
—
—
George Rosenfeld
—
Deed Of Trust
related
$300,000 · Drm Financial LP
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1060 Gladstone St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
