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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Manufacturing properties
1111 Kirkwall Rd Azusa, CA 91702-5129
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-9177995
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Construction
TILT-UP CONCRETE
Total area
6,120 SF
Lot
0.63 ac (27,545 SF)
Zoning code
AZM2*
APN
8619-007-017
UPID
US09-9177995
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
$1.10M
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$1.56M
Owner & transaction history
Dahlem Family Trust
Dahlem Family Trust
since 2026
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
AZM2* · Azusa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+65.7%
Commercial (general)
$1.9M
+51.1%
Retail stores
$1.8M
+47.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,250,000
Current use
AUTO REPAIR, GARAGE
$2,075,000
Change: +66% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,890,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$1,840,000
Change: +47% · Conversion: Moderate
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $2.15M (Sep 20 2024)
Last sale anchor
$2.15M
Sep 20 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
$255 / 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
$23,386
Tax year 2024
Assessed value
$1,825,800
Assessed 2024
Previous assessed
$1,825,800
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,187,280
Assessed improvement
$638,520
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,120 SF
Lot
0.63 ac (27,545 SF)
Zoning code
AZM2*
APN
8619-007-017
UPID
US09-9177995
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Dahlem Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
511 AVENIDA ADOBE RD, SAN CLEMENTE, CA 92672-2414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 6, 2026
—
Dahlem Family Trust
Inger Dahlem
Deed
related
—
May 7, 2025
—
1111 Kirkwall LLC
—
Deed
related
$882,000 · Southland Economic Development Corp
Dec 20, 2024
$2,150,000
1111kirkwall LLC
Tina G Ciolfi
Grant Deed
$1,075,000 · Zb NA
Dec 20, 2024
—
Tina G Ciolfi
Lawrence Eugene Marino
Deed
—
Mar 7, 2022
—
Lawrence E Marino
Lisa Benedetta Magno
Affidavit Death Of Trustee/successor Trustee
—
Oct 31, 2016
—
Magno-marino Family Trust
Marino,lawrence E
Quit Claim Deed
related
—
Sep 4, 2012
$800,000
Lawrence E Marino
Dahlem Family Trust
Grant Deed
$720,000 · Dahlem Family Trust (pt)
Mar 29, 1999
—
Dahlem,walter E & Inger Co-trust
Dahlem,w E
Quit Claim Deed
related
—
Sep 29, 1988
$180,000
Walter E Dahlem
Mckea
Grant Deed
—
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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