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Property profile & analytics
OFF-MARKET
Estimated value
$1,670,000
Apartment buildings
111 Pne St Altadena, CA 91001-4803
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-8948930
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1925
Construction
WOOD
Total area
5,520 SF
Lot
0.52 ac (22,762 SF)
Zoning code
LCR175
APN
5833-026-015
UPID
US09-8948930
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
by Request
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.67M
Owner & transaction history
Beacon Pine LLC
Beacon Pine LLC
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
LCR175 · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+75.3%
Medical building
$2.5M
+72.3%
Office building
$2.5M
+70.0%
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 Altadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altadena 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%
$1,480,000
6.5%
$1,365,000
7%
$1,270,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,455,000
Current use
AUTO REPAIR, GARAGE
$2,555,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$2,510,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$2,475,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$1,885,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,705,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$1.67M
Range $1.50M – $1.84M · ±10% · vs last sale $1.60M (May 29 2025)
Last sale anchor
$1.60M
May 29 2025
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
$303 / 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
$23,727
Tax year 2024
Assessed value
$1,626,543
Assessed 2024
Previous assessed
$1,626,543
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,133,747
Assessed improvement
$492,796
Applied tax rate
7.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1925
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Units
14
Bathrooms
4
Total area
5,520 SF
Lot
0.52 ac (22,762 SF)
Zoning code
LCR175
APN
5833-026-015
UPID
US09-8948930
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR175 · Altadena, CA
Zoning LCR175 · permitted uses
LCR175 · Altadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Altadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (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
1925
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
3
Units
14
Bathrooms
4
Lot
0.52 ac
Current owner
From public records · entity-resolved
Beacon Pine LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2091 HL AVE, ALTADENA, CA 91001-3257
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
$1,600,000
Beacon Pine LLC
Pine Apartments LLC
Grant Deed
—
Apr 12, 2024
—
Pine Apartments LLC
Sally A Follett
Grant Deed
—
Sep 17, 2018
—
Follett Family Trust
Follett,robert C & Tiprin M
Quit Claim Deed
related
—
Feb 3, 2016
—
Robert C Follett
Follett Donald & S Trust
Quit Claim Deed
related
—
Sep 5, 2014
—
Bos Living Trust
Bos,diane
Quit Claim Deed
related
—
Nov 10, 2010
$8,000
Follett D & S Marital Trust
Miles,geraldine M
Grant Deed
—
Nov 10, 2010
—
Richard Miles
Miles,sue A
Quit Claim Deed
related
—
Nov 10, 2010
$9,000
Follett D & S Marital Trust
Dodds P Michael 2007 Trust
Grant Deed
—
Nov 10, 2010
$30,000
Follett D & S Marital Trust
Foglesong Family Trust
Grant Deed
—
Nov 10, 2010
$15,500
Follett D & S Marital Trust
Miles,richard
Grant Deed
—
Nov 10, 2010
$4,500
Follett D & S Marital Trust
Dodds,p Michael
Grant Deed
—
Nov 10, 2010
$655,500
Follett D & S Marital Trust
Prohaska Irene Fam Trust
Grant Deed
$507,000 · East West Bank
Nov 10, 2010
$11,000
Follett D & S Marital Trust
Reynolds,diana L
Grant Deed
—
Nov 10, 2010
$44,500
Follett D & S Marital Trust
Mercier Family Trust
Grant Deed
—
Mar 7, 2007
—
Dodds P Michael 2007 Trust
Dodds,p Michael
Quit Claim Deed
related
—
Jul 5, 1994
—
Prohaska,irene Tr Et Al
—
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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