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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Investment properties
2045 Lk Ave Altadena, CA 91001-2444
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8913564
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
WOOD
Total area
1,760 SF
Lot
0.19 ac (8,107 SF)
Zoning code
LCC2*
APN
5845-024-018
UPID
US09-8913564
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
-
Sprung Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$345k
Blend (final)
Blend
$530k
Owner & transaction history
Singh Sahi Baijeet · 6 yrs held
Singh Sahi Baijeet
since 2019
7 recorded transactions
Zoning & alternative use
LCC2* · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$815,000
+49.7%
Medical building
$800,000
+47.1%
Office building
$790,000
+45.2%
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 Altadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altadena 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
$340,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$545,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$800,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$790,000
Change: +45% · Conversion: Easy
RETAIL STORES
$600,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$515,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$12,668
Tax year 2024
Assessed value
$1,040,031
Assessed 2024
Previous assessed
$1,040,031
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$675,485
Assessed improvement
$364,546
Applied tax rate
7.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1925
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
2
Bathrooms
1
Total area
1,760 SF
Lot
0.19 ac (8,107 SF)
Zoning code
LCC2*
APN
5845-024-018
UPID
US09-8913564
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Altadena, CA
Zoning LCC2* · permitted uses
LCC2* · Altadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Altadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$815,000
MEDICAL BUILDING
Est. value
$800,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$600,000
WAREHOUSE, STORAGE
Est. value
$515,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1925
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Singh Sahi Baijeet
Individual
Mailing address
5023 OAKWOOD AVE, LA CANADA FLINTRIDGE, CA 91011-2451
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2019
$800,000
Singh Sahi Baijeet
Stephanle Hudson
Grant Deed
$560,000 · Habib American Bank
Jul 26, 2016
—
Stephanie Hudson
—
Deed
related
$250,000 · Community Commerce Bank
Mar 11, 2015
$475,000
Stephanie Hudson
Rojas Charles A
Grant Deed
$170,000 · Red Eagle LLC
May 31, 2013
—
Charles A Rojas
—
Trustees Deed
related
$57,000 · Jhmm Family Trust (pt)
Feb 11, 2011
—
Charles A Rojas
Rojas,adrianna A
Quit Claim Deed
related
$130,000 · Gerald L & Maureen R Robinson
Sep 22, 2010
—
Charles A Rojas
Rojas,adrianna A
Quit Claim Deed
related
—
Jun 30, 2005
$629,000
Carlos A Rojas
Bradford,charlene J
Grant Deed
$650,000 · Paloger Ronald 1992 Trust
Dec 7, 1994
—
Charlene J Bradford
Bradford,l
Quit Claim 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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