New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
1350 Foothill Blvd, La Verne, CA 91750-3332
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9095383
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Construction
WOOD
Total area
1,500 SF
Lot
0.24 ac (10,384 SF)
Zoning code
LVPR8A*
APN
8381-007-032
UPID
US09-9095383
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
-
Foothill Family Chiropractic Alternative Medicine Practice
-
Foothill Family Chiropractic Afshin Kaivan-Mehr Alternative Medicine Practice
-
La Verne Family Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Varozian Family Trust · 7 yrs held
Varozian Family Trust
since 2018
6 recorded transactions
Zoning & alternative use
LVPR8A* · La Verne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$915,000
+35.7%
Auto repair, garage
$695,000
+3.1%
Medical building
$680,000
+1.4%
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 La Verne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Verne 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
$340,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$675,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$695,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$680,000
Change: +1% · Conversion: Easy
RETAIL STORES
$575,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$370 / 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
$8,618
Tax year 2024
Assessed value
$703,423
Assessed 2024
Previous assessed
$703,423
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$471,309
Assessed improvement
$232,114
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,500 SF
Lot
0.24 ac (10,384 SF)
Zoning code
LVPR8A*
APN
8381-007-032
UPID
US09-9095383
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LVPR8A* · La Verne, CA
Zoning LVPR8A* · permitted uses
LVPR8A* · La Verne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Verne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$695,000
MEDICAL BUILDING
Est. value
$680,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2015
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Varozian Family Trust
Trust
Free & Clear · 7 yrs held
Mailing address
3231 BARNES CIR, GLENDALE, CA 91208-1703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2018
—
Varozian Family Trust
Varozian,mary
Quit Claim Deed
related
—
Nov 25, 2015
—
Rouben Varozian
—
Trustees Deed
related
$305,000 · Vartanian J Living Trust (lt)
Mar 2, 2015
$400,000
Rouben Varozian
Diversified Deals LLC
Grant Deed
$200,000 · Diversifued Deals LLC
May 31, 2007
$300,000
Diversified Deals LLC
Massro,russell J & Caroline
Grant Deed
—
Nov 24, 1999
$4,000
Russell J Massro
Base Line Water Co
Grant Deed
—
—
—
Diversified Deals LLC
—
Deed Of Trust
related
$200,000 · Petterson G & N Family Trust
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 1350 Foothill Blvd?
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.
