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Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Apartment buildings
2159 La Canada Crst Dr La Canada Flintridge, CA 91011-1921
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7545584
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
4,682 SF
Lot
0.2 ac (8,798 SF)
Zoning code
LFR3*
APN
5810-015-007
UPID
US09-7545584
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
-
5 Stars Mobile Tire Repair and Battery Replacement Los Angeles Auto Parts Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$2.32M
Owner & transaction history
Premier West Properties LLC · 3 yrs held
Premier West Properties LLC
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
LFR3* · La Canada Flintridge, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.9M
+130.7%
Auto repair, garage
$2.2M
+75.3%
Medical building
$2.1M
+72.3%
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 Canada Flintridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Canada Flintridge 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
$2,280,000
ML approach
$2,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,850,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,165,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$2,130,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$2,100,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$1,795,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,445,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10% · vs last sale $2.39M (Jan 3 2023)
Last sale anchor
$2.39M
Jan 3 2023
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
$494 / 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
$28,081
Tax year 2024
Assessed value
$2,432,700
Assessed 2024
Previous assessed
$2,432,700
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,417,800
Assessed improvement
$1,014,900
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
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
1962
Heating
NONE
Units
5
Bathrooms
5
Total area
4,682 SF
Lot
0.2 ac (8,798 SF)
Zoning code
LFR3*
APN
5810-015-007
UPID
US09-7545584
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LFR3* · La Canada Flintridge, CAZoning LFR3* · permitted uses
LFR3* · La Canada Flintridge, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Heating
NONE
Units
5
Bathrooms
5
Lot
0.2 ac
Current owner
From public records · entity-resolved
Premier West Properties LLC
Entity
Mailing address
5255 ALTA CANYADA RD, LA CANADA FLINTRIDGE, CA 91011-1605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jan 3, 2023
$2,385,000
Premier West Properties LLC
4253 Franklin Ave LLC
Grant Deed
$1,114,200 · Citizens Business Bank
Nov 17, 2020
—
4253 Franklin Ave LLC
Michael Blum
Quit Claim Deed
—
Oct 28, 2019
—
Michael Blum
—
Deed
related
$500,000 · Hmalet Davari Dds INC
Jul 16, 2019
—
Michael Blum
—
Deed
related
$1,130,000 · Axos Bank
Jun 28, 2017
$2,050,000
Michael Blum
Bradley Investment Group LLC
Grant Deed
$1,537,500 · Civic Financial Services LLC
Jul 9, 2008
$1,400,000
Bradley Investment Group LLC
Coulter Nita Trust
Grant Deed
$750,000 · Downey S & L (wholesale)
Jan 16, 2008
—
Coulter Nita Trust
Coulter,nita
Quit Claim Deed
related
—
Jul 5, 2007
$1,400,000
Nita Coulter
Hoiseth Family Trust
Grant Deed
$720,000 · East West Bank
Dec 9, 1992
—
Hoiseth Robert
—
Deed Of Trust
related
—
—
—
Michael Blum
—
Deed Of Trust
related
$500,000 · Hmalet Davari Dds INC
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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