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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Apartment buildings
1733 Ellincourt Dr South Pasadena, CA 91030-2111
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6435768
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Construction
WOOD
Total area
6,438 SF
Lot
0.22 ac (9,429 SF)
Zoning code
SPR3A10000
APN
5317-021-032
UPID
US09-6435768
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
-
PAPER®© Productions Newspaper & Magazine Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.64M
Owner & transaction history
Burbank Magnolia Park Properties Ll · 1 yrs held
Burbank Magnolia Park Properties Ll
since 2025
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
SPR3A10000 · South Pasadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+25.0%
Commercial (general)
$2.0M
+0.8%
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 South Pasadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Pasadena 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,725,000
6.5%
$1,595,000
7%
$1,480,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,975,000
Current use
RETAIL STORES
$2,465,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,990,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.95M (Dec 28 2024)
Last sale anchor
$1.95M
Dec 28 2024
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
$254 / 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
$4,956
Tax year 2024
Assessed value
$203,042
Assessed 2024
Previous assessed
$203,042
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$68,231
Assessed improvement
$134,811
Applied tax rate
9.0000
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
1952
Construction
WOOD
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
6,438 SF
Lot
0.22 ac (9,429 SF)
Zoning code
SPR3A10000
APN
5317-021-032
UPID
US09-6435768
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SPR3A10000 · South Pasadena, CA
Zoning SPR3A10000 · permitted uses
SPR3A10000 · South Pasadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Pasadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Burbank Magnolia Park Properties Ll
Entity
Mailing address
347 W SPAZIER AVE, BURBANK, CA 91506-3323
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 28, 2025
$1,950,000
Burbank Magnolia Park Properties Ll
Gerald Thomas Jenkinson
Grant Deed
$1,740,000 · Gerald Jenkinson Separate Propert
Dec 23, 2019
—
Jenkinson,g T Separate P Trust
Gerald T Jenkinson
Quit Claim Deed
related
—
Aug 15, 2019
—
Gerald T Jenkinson
Jenkinson Family Trust
Quit Claim Deed
related
—
Jul 26, 1999
—
Jenkinson,gerald T & Carol A Co-
Jenkinson,g T
Quit Claim Deed
related
—
Jul 3, 1967
$23,500
Jenkinson Trust Pt
—
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.
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