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    2242 Foothill Blvd La Canada Flintridge, CA 91011
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    Property profile & analytics

    2242 Foothill Blvd, La Canada Flintridge, CA 91011

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    • Investment properties
    • 213 SF
    • 0.12 lot acres
    Off-Market
    Property ID
    US09-8747980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 2242 Foothill Blvd

    Year built
    1957
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Zone code
    LFC2*
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5810-014-002
    APU
    5810014002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 20, 2014 $931,000 La Canada Ent LLC Ym Investment INC Grant Deed —
    Oct 10, 2013 $85,000 Ym Investment INC J & L Noh Corp Grant Deed —
    May 5, 2009 $270,000 J & L Noh Corp Noh,linda Grant Deed —
    Jun 23, 2008 — Linda Noh Noh Seung H & L Fam Trust Quit Claim Deed · related —
    Mar 1, 2005 — Noh Seung H & Linda Trust Noh,linda Quit Claim Deed · related —
    Jul 16, 2004 $1,150,000 Linda Noh Kim,lisa S Grant Deed $920k · Centerbank
    Aug 26, 2002 — Lisa S Kim Kim,l S Quit Claim Deed · related —
    Aug 20, 2002 — Lisa S Kim Kims,cleaners Quit Claim Deed · related —
    Dec 6, 1999 $565,000 Kims Cleaners INC Lim,chang G & Kum Y Grant Deed $515k · California Center Bank
    May 26, 1995 $475,000 Chang G Lim Loredo Trust Grant Deed $375k · California Korea Bank
    Mar 14, 1995 — Loredo,ernest & Gloria Trustees Lopez,i & I Trustees Deed · related —
    Oct 24, 1991 $548,000 Jimenez Jose F Lopez,ignacio Grant Deed $493k · Seller
    Feb 1, 1991 $510,000 Lopez Ignacio Loredo Trust Grant Deed $408k · Seller
    — — J & L Noh Corp — Deed Of Trust · related $785k · Jung Kim
    — — Chang G Lim — Deed Of Trust · related $100k · Individual
    — — Lisa S Kim — Deed Of Trust · related $70k · Chang D Kim
    — — Lisa S Kim — Deed Of Trust · related $120k · California Center Bank
    — — Linda Noh — Deed Of Trust · related $600k · Korean American Presbyterian C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    La Canada Flintridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.227
    Latitude
    34.2165
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,674
    $382,940
    $17,669
    $400,609
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $595,000
      2,568 SF

      542 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      542 Foothill Blvd, La Canada Flintridge, CA 91011-3506
      View Details
    • Value Estimation by Request
      1,428 SF

      1317 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1317 Foothill Blvd, La Canada Flintridge, CA 91011-2120
      View Details
    • Value Estimation
      $805,000
      3,268 SF

      1512 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1512 Foothill Blvd, La Canada Flintridge, CA 91011
      View Details
    • Value Estimation
      $645,000
      2,299 SF

      1117 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1117 Foothill Blvd, La Canada Flintridge, CA 91011-3254
      View Details
    • Value Estimation by Request
      3,334 SF

      1373 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1373 Foothill Blvd, La Canada Flintridge, CA 91011-2121
      View Details
    • Value Estimation by Request
      1,883 SF

      1125 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE)
      1125 Foothill Blvd, La Canada Flintridge, CA 91011-3207
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      14,586 SF

      Retail Space in La Cañada

      Prime retail space in a high-demand La Cañada location.
      502 Foothill Blvd, Flintridge, CA 91011
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    • $3,600,000
      72,449.00 Acres

      La Canada Foothills Land Opportunity

      1.6 acres in La Canada Flintridge foothills.
      Haverstock Rd, La Canada Flintridge, CA 91011
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    • Contact for pricing

      Vacant Lot in La Canada

      Vacant lot with potential development opportunities in La Canada.
      4888 Tocaloma Ln, La Canada Flintridge, CA 91011
      View Details
    • $1,799,000
      1.18 Acres

      La Canada View Lot Land

      Residential land in La Canada Flintridge with city views.
      Ln Sierra & Palm Dr, La Canada Flintridge, CA 91011
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    Similar Nearby for Lease

    • Contact for pricing
      5,229 SF

      Foothill Blvd Office Space

      Second floor office space available for lease.
      1030 Foothill Blvd, Flintridge, CA 91011
      View Details
    • Contact for pricing

      Foothill Boulevard Retail Center

      Fully leased retail center on Foothill Boulevard.
      514-522 Foothill Blvd, Flintridge, CA 91011
      View Details
    • $2 SF/Yr

      Retail Space in Shopping Center

      Visible end-cap retail space in a shopping center.
      Ln Cañada, Flintridge, CA 91011
      View Details
    • Contact for pricing
      1,935 SF

      Freestanding Retail Building For Rent

      Freestanding retail building available for rent.
      814 Foothill Blvd, Flintridge, CA 91011
      View Details
    • $3 SF/Yr

      Retail Space in La Canada

      Prime retail space in La Canada's retail corridor.
      448 Foothill Blvd, Flintridge, CA 91011
      View Details
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    La Canada Flintridge, CA 91011
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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