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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Apartment buildings
2452 El Molino Ave Altadena, CA 91001-2316
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-8913318
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD
Total area
5,804 SF
Lot
0.35 ac (15,093 SF)
Zoning code
LCR2YY
APN
5845-018-004
UPID
US09-8913318
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
by Request
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$695k
Owner & transaction history
El,molino Trust · 12 yrs held
El,molino Trust
since 2013
7 recorded transactions
Zoning & alternative use
LCR2YY · Altadena, 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 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
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$120 / 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
$8,489
Tax year 2024
Assessed value
$543,103
Assessed 2024
Previous assessed
$543,103
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$179,582
Assessed improvement
$363,521
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Units
5
Bathrooms
5
Total area
5,804 SF
Lot
0.35 ac (15,093 SF)
Zoning code
LCR2YY
APN
5845-018-004
UPID
US09-8913318
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR2YY · Altadena, CA
Zoning LCR2YY · permitted uses
LCR2YY · 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.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
4
Units
5
Bathrooms
5
Lot
0.35 ac
Current owner
From public records · entity-resolved
El,molino Trust
Trust
Mailing address
2452 EL MOLINO AVE, ALTADENA, CA 91001-2316
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
El Molino Trust
—
Deed
related
—
Dec 6, 2013
—
El,molino Trust
Merino,norman
Grant Deed
—
Dec 3, 2012
—
Norman Merino
Merino,alfred & Anita
Quit Claim Deed
related
—
Sep 22, 2004
—
Gl Hermosa
Gl Hermosa
Quit Claim Deed
related
$650,000 · Pacific Premier Bank
Mar 15, 2002
$176,000
Alfred Merino
Bazovsky,drahomira
Grant Deed
—
—
—
Igor Bazovsky
—
Deed Of Trust
related
$59,155 · Community Dev Commission
—
—
Igor Bazovsky SR.
—
Deed Of Trust
related
$37,000 · Us Small Business Admn
—
—
Igor Bazovsky JR.
—
Deed Of Trust
related
$62,501 · Security Pacific Fin'l Svc
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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