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Property profile & analytics
OFF-MARKET
Estimated value
$7,370,000
Apartment buildings
245 Colorado Blvd Arcadia, CA 91007-2603
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8563488
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
51,290 SF
Lot
2.65 ac (115,519 SF)
Zoning code
ARR3*
APN
5775-012-025
UPID
US09-8563488
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
-
Anita Oaks Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.37M
Owner & transaction history
Freebis LLC · 3 yrs held
Freebis LLC
since 2023
7 recorded transactions
Zoning & alternative use
ARR3* · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$144 / 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
$49,113
Tax year 2024
Assessed value
$3,754,871
Assessed 2024
Previous assessed
$3,754,871
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,874,951
Assessed improvement
$1,879,920
Applied tax rate
1.0000
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
1955
Construction
WOOD
Heating
NONE
Cooling
YES
Units
54
Total area
51,290 SF
Lot
2.65 ac (115,519 SF)
Zoning code
ARR3*
APN
5775-012-025
UPID
US09-8563488
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARR3* · Arcadia, CA
Zoning ARR3* · permitted uses
ARR3* · Arcadia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
54
Lot
2.65 ac
Current owner
From public records · entity-resolved
Freebis LLC
Entity
Free & Clear · 3 yrs held
Mailing address
254 20TH ST, SANTA MONICA, CA 90402-2412
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2023
—
Freebis LLC
Kathleen Ann Mccallan
Quit Claim Deed
related
—
Mar 9, 2022
—
John T Hokom
John T Hokom
Intrafamily Transfer
related
—
Mar 16, 2021
—
Michael Dennis Mcgeary
Richard Francis Mc Geary
Affidavit Death Of Trustee/successor Trustee
—
Feb 8, 2021
—
Stephen Esser
Mary E Hopkins
Affidavit Death Of Trustee/successor Trustee
—
May 15, 2020
—
Miller,peggy G Family Trust
Hokom John T Living Trust
Quit Claim Deed
related
—
Dec 12, 2016
—
Mary Hopkins
Hopkins,mark
Quit Claim Deed
related
—
Dec 9, 2016
—
John T Hokom
Miller,peggy G
Quit Claim Deed
related
—
May 2, 2007
—
Mary Hopkins
Narcisse T Ford
Affidavit Death Of Trustee/successor Trustee
$1,225,000 · Washington Mutual Bank
May 23, 2003
—
Hokom,tr
Hopkins,tr
Quit Claim Deed
related
—
Apr 10, 2003
$40,000
Hopkins,tr
Wathen,james G & Dorothy G
Quit Claim Deed
related
—
Apr 10, 2003
$35,000
Mary Hopkins
Adams,patrick
Quit Claim Deed
related
—
Apr 4, 2003
—
James G Wathen
Hokom,tr
Quit Claim Deed
related
—
Jul 26, 1996
—
Mcgreary Richard F
Mcgeary,r F & M A Trustees
Quit Claim Deed
related
—
—
—
John T Hokom
—
Deed Of Trust
related
$1,600,000 · Home Savings Of America
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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