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Property profile & analytics
OFF-MARKET
Estimated value
$2,095,000
Warehouses
1701 1st St San Fernando, CA 91340-2710
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9099632
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
TILT-UP CONCRETE
Total area
5,293 SF
Lot
0.22 ac (9,789 SF)
Zoning code
SFP*
APN
2520-010-011
UPID
US09-9099632
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
-
Empire Snacks Big Box & Wholesale Store
-
Paradis Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.49M
Blend (final)
Blend
$2.10M
Owner & transaction history
Us Investment & Management LLC · 3 yrs held
Us Investment & Management LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
SFP* · San Fernando, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+121.6%
Neighborhood: shopping center
$3.2M
+107.1%
Auto repair, garage
$2.5M
+57.4%
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 San Fernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Fernando 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
$2,160,000
ML approach
$2,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,555,000
Current use
RESTAURANT
$3,445,000
Change: +122% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,220,000
Change: +107% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,450,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$2,405,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$2,375,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,565,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$1,500,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$2.10M
Range $1.89M – $2.30M · ±10% · vs last sale $2.09M (Jul 22 2022)
Last sale anchor
$2.09M
Jul 22 2022
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
$396 / 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
$29,750
Tax year 2024
Assessed value
$2,131,800
Assessed 2024
Previous assessed
$2,131,800
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,621,800
Assessed improvement
$510,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
5,293 SF
Lot
0.22 ac (9,789 SF)
Zoning code
SFP*
APN
2520-010-011
UPID
US09-9099632
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SFP* · San Fernando, CA
Zoning SFP* · permitted uses
SFP* · San Fernando, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Fernando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
RESTAURANT
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Us Investment & Management LLC
Entity
Mailing address
2050 BEL AIRE DR, GLENDALE, CA 91201-1167
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2023
—
Us Investment & Management LLC
—
Deed
related
$1,650,000 · City National Bank
Jul 22, 2022
$2,090,000
Us Investment & Management LLC
Nova Storage Adelanto LP
Grant Deed
$1,716,000 · Commonwealth Business Bank
May 3, 2022
—
Nova Storage Adelanto LP
Nova Equities LLC
Intrafamily Transfer
related
—
Nov 6, 2018
—
Nova Industrial LP
—
Deed
related
$4,000,000 · Wells Fargo Bank NA
Jan 31, 2014
—
Nova Property Management LLC
Layne Larry Living Trust
Quit Claim Deed
—
Dec 26, 2013
—
Layne,larry Living Trust
Layne,lawrence F
Quit Claim Deed
related
—
Feb 12, 1990
$50,000
Layne Lawrence F
Layne Living Tr
Trustees Deed
related
—
Nov 21, 1988
—
Layne Living Tr
Layne Properties
Quit Claim Deed
related
—
—
—
Layne Living Tr
—
Deed Of Trust
related
$40,000 · Layne Living Tr
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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