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Property profile & analytics
OFF-MARKET
Estimated value
$3,975,000
Warehouses
1941 Yeager Ave La Verne, CA 91750-5833
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6328203
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
13,200 SF
Lot
0.64 ac (27,792 SF)
Zoning code
LVPID*
APN
8378-013-034
UPID
US09-6328203
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
$4.67M
CAP Approach
CAP
$2.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.98M
Owner & transaction history
Babak Bob Sharifi · 4 yrs held
Babak Bob Sharifi
since 2021
Last sale
$3.9M
5 recorded transactions
Zoning & alternative use
LVPID* · La Verne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.1M
+57.4%
Medical building
$6.0M
+54.7%
Office building
$5.9M
+52.7%
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 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
$4,685,000
ML approach
$4,670,000
CAP Approach
CAP Return
Estimation
6%
$2,865,000
6.5%
$2,640,000
7%
$2,455,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,880,000
Current use
AUTO REPAIR, GARAGE
$6,105,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$6,000,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$5,920,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$5,060,000
Change: +30% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,080,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$3.98M
Range $3.58M – $4.37M · ±10% · vs last sale $3.93M (Oct 20 2021)
Last sale anchor
$3.93M
Oct 20 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
$301 / 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
$58,650
Tax year 2024
Assessed value
$4,092,428
Assessed 2024
Previous assessed
$4,092,428
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$2,299,284
Assessed improvement
$1,793,144
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
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
13,200 SF
Lot
0.64 ac (27,792 SF)
Zoning code
LVPID*
APN
8378-013-034
UPID
US09-6328203
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
$3.9M
AUTO REPAIR, GARAGE
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.1M
WAREHOUSE, STORAGE 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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Babak Bob Sharifi
Individual
Mailing address
PO BOX 504, LA VERNE, CA 91750-0504
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
$3,934,000
Babak Bob Sharifi
Roy W Burcltett
Grant Deed
$3,133,515 · Roy W Burchett Etux
Feb 21, 2003
—
Roy W Burchett
Henan America Machinery INC
Grant Deed
$581,000 · Zions First National Bank
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
—
—
—
Henan Amerian Machinery INC
—
Deed Of Trust
related
$490,000 · Bank Of China
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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