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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Apartment buildings
200 Gladstone St Azusa, CA 91702-4941
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7503803
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
67,160 SF
Lot
3.34 ac (145,358 SF)
Zoning code
AZR3A*
APN
8621-023-027
UPID
US09-7503803
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Miracle Mile Properties LP · 5 yrs held
Miracle Mile Properties LP
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
AZR3A* · Azusa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Azusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azusa 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
$1,340,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±10% · vs last sale $1.32M (Dec 21 2020)
Last sale anchor
$1.32M
Dec 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
$20 / 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
$302,860
Tax year 2024
Assessed value
$23,981,811
Assessed 2024
Previous assessed
$23,981,811
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$11,155,189
Assessed improvement
$12,826,622
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
1979
Construction
WOOD
Heating
NONE
Units
147
Total area
67,160 SF
Lot
3.34 ac (145,358 SF)
Zoning code
AZR3A*
APN
8621-023-027
UPID
US09-7503803
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZR3A* · Azusa, CA
Zoning AZR3A* · permitted uses
AZR3A* · Azusa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Azusa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
NONE
Units
147
Lot
3.34 ac
Current owner
From public records · entity-resolved
Miracle Mile Properties LP
Entity
Mailing address
4221 WILSHIRE BLVD STE #480, LOS ANGELES, CA 90010-3541
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2020
—
Miracle Mile Properties LP
Menlo Trust
Quit Claim Deed
—
Mar 22, 2004
—
Menio,tr
Senior Care Partners
Grant Deed
related
—
Jan 25, 2001
—
Care Partners LP Senior
Azusa Senior Partners LP
Quit Claim Deed
related
$22,295,000 · Wells Fargo Bank NA Ttee
Feb 19, 1999
—
Azu SR Partners
Amer Retirement Villas Pr,
Trustees Deed
related
—
May 26, 1993
$1,321,000
American Retirement Villas Pro
Miller Trust
Grant Deed
—
—
—
American Retirement Villas Pro
—
Deed Of Trust
related
$535,000 · Azusa City Redev Age
—
—
Senior Partners LP Azusa
—
Deed Of Trust
related
$4,600,840 · Century Housing Corp
—
—
Menlo,tr
—
Deed Of Trust
related
$4,831,000 · Arbor Commercial Mortgage LLC
—
—
Senior Partners LP Azusa
—
Deed Of Trust
related
$1,754,182 · American Retirement Villas III
—
—
American Retirement Villas Pro
—
Deed Of Trust
related
$1,000,000 · General Bank
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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