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Property profile & analytics
OFF-MARKET
Estimated value
$8,035,000
Apartment buildings
1438 Vineland Ave Baldwin Park, CA 91706-5863
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9185786
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
23,392 SF
Lot
1.58 ac (68,746 SF)
Zoning code
BP1*
APN
8558-023-027
UPID
US09-9185786
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
$8.33M
CAP Approach
CAP
$5.79M
Comparable Approach
Comparable
$7.88M
Blend (final)
Blend
$8.04M
Owner & transaction history
Vvip Axp Development LLC · 3 yrs held
Vvip Axp Development LLC
since 2023
Last sale
$9.8M
5 recorded transactions
Zoning & alternative use
BP1* · Baldwin Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.6M
+87.3%
Restaurant
$10.5M
+85.1%
Auto repair, garage
$7.9M
+39.6%
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 Baldwin Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Baldwin Park 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
$6,600,000
ML approach
$8,325,000
CAP Approach
CAP Return
Estimation
6%
$6,275,000
6.5%
$5,790,000
7%
$5,375,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,675,000
Current use
MEDICAL BUILDING
$10,635,000
Change: +87% · Conversion: Moderate
RESTAURANT
$10,510,000
Change: +85% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,925,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,230,000
Change: +27% · Conversion: Moderate
RETAIL STORES
$7,040,000
Change: +24% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,020,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$8.04M
Range $7.23M – $8.84M · ±10% · vs last sale $9.80M (May 19 2023)
Last sale anchor
$9.80M
May 19 2023
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
$343 / 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
$93,024
Tax year 2024
Assessed value
$7,344,000
Assessed 2024
Previous assessed
$7,344,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,570,000
Assessed improvement
$3,774,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1963
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
YES
Buildings
5
Units
25
Bathrooms
6
Total area
23,392 SF
Lot
1.58 ac (68,746 SF)
Zoning code
BP1*
APN
8558-023-027
UPID
US09-9185786
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BP1* · Baldwin Park, CA
Zoning BP1* · permitted uses
BP1* · Baldwin Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Baldwin Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$10.6M
RESTAURANT
Est. value
$10.5M
AUTO REPAIR, GARAGE
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.2M
RETAIL STORES
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (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
1963
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Buildings
5
Units
25
Bathrooms
6
Lot
1.58 ac
Current owner
From public records · entity-resolved
Vvip Axp Development LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1313 N GRAND AVE #350, WALNUT, CA 91789-1317
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
—
Vvip Axp Development LLC
Axp Investment LLC
Grant Deed
—
May 19, 2023
$9,800,000
Prospective Home Property LLC
Vvip Axp Development LLC
Grant Deed
$5,000,000 · East West Bank
Sep 24, 2019
$6,360,000
Axp Investment LLC
Ramona Land Co
Trustees Deed
$4,375,000 · First American
Feb 8, 1994
—
Ramona Land Co
—
Deed Of Trust
related
—
Dec 2, 1993
—
Ramona Land Co And
—
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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