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Property profile & analytics
OFF-MARKET
Estimated value
$2,765,000
Apartment buildings
149 12th Oberlin Ave, Claremont, CA 91711-4621
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7870074
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1992
Construction
WOOD
Total area
8,958 SF
Lot
0.4 ac (17,347 SF)
Zoning code
CLRM2000*
APN
8313-011-025
UPID
US09-7870074
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
-
Victor Diaz - Alba Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.71M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$2.77M
Owner & transaction history
Richard Sayegh · 3 yrs held
Richard Sayegh
since 2023
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
CLRM2000* · Claremont, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+75.3%
Medical building
$4.1M
+72.3%
Office building
$4.0M
+70.0%
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 Claremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremont 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
$2,705,000
ML approach
$2,705,000
CAP Approach
CAP Return
Estimation
6%
$2,400,000
6.5%
$2,220,000
7%
$2,060,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,365,000
Current use
AUTO REPAIR, GARAGE
$4,145,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$4,070,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$4,020,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$3,435,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,770,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$2.77M
Range $2.49M – $3.04M · ±10% · vs last sale $2.83M (Jun 5 2023)
Last sale anchor
$2.83M
Jun 5 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
$309 / 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
$41,091
Tax year 2024
Assessed value
$3,220,053
Assessed 2024
Previous assessed
$3,220,053
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$944,396
Assessed improvement
$2,275,657
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
1992
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
8
Rooms
5
Bathrooms
24
Total area
8,958 SF
Lot
0.4 ac (17,347 SF)
Zoning code
CLRM2000*
APN
8313-011-025
UPID
US09-7870074
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CLRM2000* · Claremont, CA
Zoning CLRM2000* · permitted uses
CLRM2000* · Claremont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Claremont. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.1M
OFFICE BUILDING
Est. value
$4.0M
RETAIL STORES
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (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
1992
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
8
Rooms
5
Bathrooms
24
Lot
0.4 ac
Current owner
From public records · entity-resolved
Richard Sayegh
Individual
Free & Clear · 3 yrs held
Mailing address
131 E HUNTINGTON DR, ARCADIA, CA 91006-3212
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2023
—
Richard Sayegh
Richard Sayegh
Intrafamily Transfer
related
—
Feb 23, 2017
—
Richad Sayegh
Sayegh,richard
Quit Claim Deed
related
—
Jan 27, 2017
—
Richard Sayegh
Sayegh,gina M
Quit Claim Deed
related
—
Jan 27, 2017
$2,830,000
Richard Sayegh
Oberlin Apartments LLC
Grant Deed
—
May 14, 1999
$770,000
Jack W Greening
Diel Trust
Grant Deed
—
Apr 7, 1992
—
Diel Daniel E
—
Deed Of Trust
related
—
Apr 4, 1989
$280,000
Daniel E Diel
Kleinman Ralph M
Grant Deed
—
—
—
Jack W Greening
—
Deed Of Trust
related
$250,000 · Vineyard National Bank
—
—
Diel Trust
—
Deed Of Trust
related
$500,000 · Southern California Fed'l S&l
—
—
Jack W Greening
—
Deed Of Trust
related
$200,000 · Vineyard National Bank
—
—
Jack W Greening
—
Deed Of Trust
related
$75,000 · Franks S Alvarez Trustee
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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