Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Apartment buildings
14501 Arlee Ave Norwalk, CA 90650-4906
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8513639
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1922
Construction
WOOD
Total area
2,816 SF
Lot
0.26 ac (11,503 SF)
Zoning code
NOR1*
APN
8073-010-015
UPID
US09-8513639
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
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.50M
Owner & transaction history
Alvaro Garcia · 5 yrs held
Alvaro Garcia
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
NOR1* · Norwalk, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+119.3%
Office building
$1.3M
+67.6%
Auto repair, garage
$1.3M
+66.7%
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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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
$1,415,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,715,000
Change: +119% · Conversion: Difficult
OFFICE BUILDING
$1,310,000
Change: +68% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,305,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$1,280,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$1,015,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.55M (May 26 2021)
Last sale anchor
$1.55M
May 26 2021
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
$531 / 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
$21,556
Tax year 2024
Assessed value
$1,645,931
Assessed 2024
Previous assessed
$1,645,931
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$902,026
Assessed improvement
$743,905
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
1922
Construction
WOOD
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
2,816 SF
Lot
0.26 ac (11,503 SF)
Zoning code
NOR1*
APN
8073-010-015
UPID
US09-8513639
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
NOR1* · Norwalk, CA
Zoning NOR1* · permitted uses
NOR1* · Norwalk, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1922
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.26 ac
Current owner
From public records · entity-resolved
Alvaro Garcia
Individual
Mailing address
1914 COUNTRY CLB DR, GLENDORA, CA 91741-4675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2021
—
Alvaro Garcia
Alvaro Garcia
Intrafamily Transfer
related
$1,162,500 · Sce FCU
Mar 30, 2021
$1,550,000
Alvaro Garcia
Delecor Investments LLC
Grant Deed
—
Nov 5, 2018
—
Delecor Investments LLC
—
Deed
related
$960,000 · First Republic Bank
Mar 9, 2018
$770,000
Delecor Investments LLC
Carol E Dixon
Grant Deed
$693,000 · Alta Mortgage Fund LLC
May 12, 2006
—
Bentz Trust
Bentz,elizabeth H
Affidavit Of Death
—
Jul 22, 2005
—
Bentz Trust
Bentz,herbert J
Affidavit Of Death
related
—
Mar 23, 2000
—
Herbert J Bentz
Bentz,h J & E H
Quit Claim Deed
related
—
Mar 11, 1964
—
Herbert J Bentz
—
Grant 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.
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 14501 Arlee Ave?
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.
