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Property profile & analytics
FOR SALE
Auto shops
2315 Fair Oaks Ave Altadena, CA 91001
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8961822
For Sale
1 / 15
$1,499,999
2315 Fair Oaks Ave, Altadena, CA 91001
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1957
Construction
WOOD
Total area
1,475 SF
Lot
0.09 ac (4,030 SF)
Zoning code
LCC3YY
APN
5835-014-002
UPID
US09-8961822
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
-
420 Altadena 25 Cap (Bike/Boat/Book/etc) Store
-
Altadena Allstars (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$720k
Owner & transaction history
Luis Alberto Rosas Pedraza · 1 yrs held
Luis Alberto Rosas Pedraza
since 2025
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
LCC3YY · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$900,000
+31.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$680,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$670,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $800k (Mar 2 2025)
Last sale anchor
$800k
Mar 2 2025
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
$488 / 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
$9,923
Tax year 2024
Assessed value
$825,593
Assessed 2024
Previous assessed
$825,593
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$664,764
Assessed improvement
$160,829
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,475 SF
Lot
0.09 ac (4,030 SF)
Zoning code
LCC3YY
APN
5835-014-002
UPID
US09-8961822
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3YY · Altadena, CA
Zoning LCC3YY · permitted uses
LCC3YY · 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
AUTO REPAIR, GARAGE Current
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
MEDICAL BUILDING
Est. value
$670,000
OFFICE BUILDING
Est. value
$660,000
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
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
1957
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Luis Alberto Rosas Pedraza
Individual
Free & Clear · 1 yrs held
Mailing address
905 E 2ND ST, LOS ANGELES, CA 90012-4314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
$800,000
Luis Alberto Rosas Pedraza
2315 Fair Oaks LLC
Grant Deed
—
Sep 12, 2019
$770,000
2315 Fair Oaks LLC
Arellan,isidro & Deborah L
Grant Deed
—
Dec 12, 2018
—
Isidro Arellan
Isidro Arellan
Intrafamily Transfer
related
$350,000 · Allstar Financial Services INC
Aug 5, 1988
$135,000
Isidro Arellan
Cocores Theodore
Grant Deed
$47,000 · Arellano Manuel&
—
—
Isidro Arellan
—
Deed Of Trust
related
$15,000 · Individual
—
—
Isidro Arellan
—
Deed Of Trust
related
$115,000 · Government Funding Ca Bus&ind
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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