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Property profile & analytics
FOR LEASE
Warehouses
1736 Wright Ave La Verne, CA 91750
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6357844
For Lease
$9,260,000
1736 Wright Ave, La Verne, CA 91750
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
TILT-UP CONCRETE
Total area
43,281 SF
Lot
3.17 ac (138,281 SF)
Zoning code
LVPID*
APN
8378-026-006
UPID
US09-6357844
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
-
Santiago Waste Rentals Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.39M
CAP Approach
CAP
$8.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.26M
Owner & transaction history
1736 Wright Ave LLC · 6 yrs held
1736 Wright Ave LLC
since 2020
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
LVPID* · La Verne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.4M
+5.2%
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 La Verne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Verne 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
$10,460,000
ML approach
$10,390,000
CAP Approach
CAP Return
Estimation
6%
$9,385,000
6.5%
$8,665,000
7%
$8,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,715,000
Current use
COMMERCIAL (GENERAL)
$13,375,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$9.26M
Range $8.33M – $10.19M · ±10% · vs last sale $8.40M (Jul 21 2020)
Last sale anchor
$8.40M
Jul 21 2020
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
$214 / 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
$145,634
Tax year 2024
Assessed value
$8,914,147
Assessed 2024
Previous assessed
$8,914,147
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$5,857,868
Assessed improvement
$3,056,279
Applied tax rate
11.0000
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
For Lease
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
43,281 SF
Lot
3.17 ac (138,281 SF)
Zoning code
LVPID*
APN
8378-026-006
UPID
US09-6357844
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LVPID* · La Verne, CA
Zoning LVPID* · permitted uses
LVPID* · La Verne, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Verne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.7M
COMMERCIAL (GENERAL)
Est. value
$13.4M
WAREHOUSE, STORAGE Current
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
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
1736 Wright Ave LLC
Entity
Mailing address
5455 WILSHIRE BLVD STE #1410, LOS ANGELES, CA 90036-4240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
1736 Wright Ave LLC
—
Deed
related
$9,000,000 · Cathay Bank
May 9, 2023
—
1736 Wright Ave LLC
—
Deed
related
$6,000,000 · Cathay Bank
Aug 7, 2020
—
1736 Wright Ave LLC
—
Deed
related
$4,161,200 · Mufg Union Bk NA
Jul 21, 2020
$8,400,000
1736 Wright Ave LLC
Ying Hsiao Chu
Grant Deed
$4,161,200 · Mufg Union Bank NA
Jul 21, 2020
—
1736 Wright Ave LLC
—
Deed
related
$3,421,000 · Business Fin Cap
Aug 16, 2004
$3,693,500
Mei Chu
Tofasco Of America INC
Grant Deed
$2,340,000 · Hua Nan Commercial Bank Ltd
Jan 27, 1999
$2,164,000
Tofasco Of America
Chang,peter & Sandy
Grant Deed
$1,000,000 · Union Bank Of California
Nov 21, 1994
—
Peter Chang
—
Grant Deed
related
$1,300,000 · East West Federal Bank
Mar 15, 1994
—
Peter Chang
San Polo La Vern
Grant Deed
related
—
Dec 9, 1992
—
La Verne Partners L P Koll
—
Deed Of Trust
related
—
Nov 6, 1992
$91,000
La Verne Partners Koll
—
Grant Deed
related
—
—
—
Peter Chang
—
Deed Of Trust
related
—
—
—
Mei Chu
—
Deed Of Trust
related
$2,000,000 · Earth Top Ltd
—
—
1736 Wright Ave LLC
—
Deed Of Trust
related
$4,161,200 · Mufg Union Bk NA
—
—
1736 Wright Ave LLC
—
Deed Of Trust
related
$3,328,960 · Mufg Union Bk NA
—
—
1736 Wright Ave LLC
—
Deed Of Trust
related
$3,421,000 · Business Fin Cap
—
—
Peter Chang
—
Deed Of Trust
related
$1,000,000 · Mechanics National Bank
—
—
Peter Chang
—
Deed Of Trust
related
$1,500,000 · P T Dagang Bank Nasion Indones
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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