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Property profile & analytics
OFF-MARKET
Estimated value
$3,065,000
Apartment buildings
129 Violet Ave Monrovia, CA 91016-2667
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-9163126
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
29,252 SF
Lot
0.82 ac (35,587 SF)
Zoning code
MORH*
APN
8505-021-025
UPID
US09-9163126
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
by Request
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$3.07M
Owner & transaction history
Ksf Real Estate LLC · 2 yrs held
Ksf Real Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
MORH* · Monrovia, 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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.07M
Range $2.76M – $3.37M · ±10%
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
$105 / 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
$42,502
Tax year 2024
Assessed value
$2,392,920
Assessed 2024
Previous assessed
$2,392,920
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$578,740
Assessed improvement
$1,814,180
Applied tax rate
6.0000
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
1963
Construction
WOOD
Heating
NONE
Cooling
YES
Units
32
Bathrooms
32
Total area
29,252 SF
Lot
0.82 ac (35,587 SF)
Zoning code
MORH*
APN
8505-021-025
UPID
US09-9163126
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MORH* · Monrovia, CA
Zoning MORH* · permitted uses
MORH* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
32
Bathrooms
32
Lot
0.82 ac
Current owner
From public records · entity-resolved
Ksf Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 40607, PASADENA, CA 91114-7607
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
—
Ksf Real Estate LLC
Sally A Follett
Grant Deed
—
Dec 21, 2009
—
Jennifer J Merrell
Merrell,casey
Quit Claim Deed
related
—
Dec 21, 2009
$566,000
Julie D Swartz
Great Commission Foun Of Campus C
Grant Deed
—
Sep 21, 2009
—
Great Commission Foun Of Campus C
Sutherlin,franklin C
Grant Deed
—
Jan 13, 2009
—
Follett D & S Marital Trust
Follett Donald & S Trust
Quit Claim Deed
related
—
Jan 7, 2008
—
Follett Donald & Sally Trust
Follett,donald C
Affidavit Of Death
related
—
Jun 13, 2006
—
Follett Donald & Sally Trust
Follett,donald C & Sally A
Quit Claim Deed
related
—
Dec 20, 2004
—
Kendall Investment Props
Kendall Management INC
Quit Claim Deed
related
—
Jan 15, 2004
—
Kendall Management INC
Kendall,tr
Quit Claim Deed
related
—
Dec 30, 2003
—
Kendall,tr
Kendall,david C & Carol L
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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