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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Apartment buildings
2107 Raymond Ave Altadena, CA 91001-5711
Individually Owned
7-yr Hold
Free & Clear
Property ID
US09-8551019
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1926
Construction
WOOD
Total area
10,042 SF
Lot
0.99 ac (42,987 SF)
Zoning code
LCR3VV
APN
5836-031-025
UPID
US09-8551019
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
by Request
CAP Approach
CAP
$2.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Valerie G Davis · 7 yrs held
Valerie G Davis
since 2018
7 recorded transactions
Zoning & alternative use
LCR3VV · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+17.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,695,000
6.5%
$2,485,000
7%
$2,310,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,650,000
Current use
COMMERCIAL (GENERAL)
$3,105,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$188 / 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
$39,933
Tax year 2024
Assessed value
$3,017,517
Assessed 2024
Previous assessed
$3,017,517
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,810,511
Assessed improvement
$1,207,006
Applied tax rate
10.0000
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
1926
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
5
Units
20
Bathrooms
8
Total area
10,042 SF
Lot
0.99 ac (42,987 SF)
Zoning code
LCR3VV
APN
5836-031-025
UPID
US09-8551019
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3VV · Altadena, CA
Zoning LCR3VV · permitted uses
LCR3VV · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS) 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
1926
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
5
Units
20
Bathrooms
8
Lot
0.99 ac
Current owner
From public records · entity-resolved
Valerie G Davis
Individual
Free & Clear · 7 yrs held
Mailing address
2107 RAYMOND AVE, ALTADENA, CA 91001-5711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2018
—
Valerie G Davis
Davis,anthony
Affidavit Of Death
related
—
Jul 3, 2018
—
Cohen & Associates Investments LLC
—
Deed
related
$3,106,000 · Luther Burbank Savings
Jan 13, 2016
—
Cohen & Associates Investments
Nowaid Family Trust
Quit Claim Deed
related
—
May 14, 2015
—
Hayatullah Nowald
Hayatullah Nowaid
Grant Deed
$2,725,000 · Jpmorgan Chase Bank NA
Nov 21, 2011
—
Nowaid Family Trust
Raymond Villas LLC
Grant Deed
—
Dec 17, 2009
—
Raymond Villas LLC
Nowaid,ahamad A & Shadab D
Grant Deed
—
Jul 30, 2008
$1,950,000
Ahmad A Nowaid
Dt Raymond
Grant Deed
$1,462,500 · United Commercial Bank
Oct 16, 2003
$1,733,000
Dt Raymond LP
Elias,medhat
Grant Deed
$1,299,750 · United Commercial Bank
Jun 2, 1998
$437,500
Medhat Elias
Prehn,roy P & Crystal L
Grant Deed
$300,000 · Seller
Jun 3, 1996
$85,011
Prehn Trust
Moon,adrian
Trustees Deed
—
Feb 3, 1994
$34,000
Adrian Moon
Session,sondra
Grant Deed
$571,790 · Prehn Trust
—
—
Medhat Elias
—
Deed Of Trust
related
$620,000 · Washington Mutual Fsb
—
—
Sondra Session
—
Deed Of Trust
related
$55,000 · Dawco Products M
—
—
Adrian Moon
—
Deed Of Trust
related
$50,000 · Prehn Trust
—
—
Adrian Moon
—
Deed Of Trust
related
$25,286 · Linkage Financial Group
—
—
Sondra Session
—
Deed Of Trust
related
$25,000 · Individual
—
—
Adrian D Moon
—
Deed Of Trust
related
$17,250 · Individual
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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