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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Retail space
3061 Lincoln Ave Altadena, CA 91001-4534
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8956970
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
TILT-UP CONCRETE
Total area
1,985 SF
Lot
0.12 ac (5,279 SF)
Zoning code
LCC2*
APN
5829-024-019
UPID
US09-8956970
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
-
ATM Atm
-
LibertyX Bitcoin ATM Atm
-
George's Liquor Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$615k
Owner & transaction history
Sukhjit Singh · 2 yrs held
Sukhjit Singh
since 2023
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
LCC2* · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$920,000
+35.4%
Medical building
$900,000
+33.1%
Office building
$890,000
+31.3%
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 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
$620,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
RETAIL STORES
$680,000
Current use
AUTO REPAIR, GARAGE
$920,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$900,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$890,000
Change: +31% · Conversion: Easy
COMMERCIAL (GENERAL)
$615,000
Change: -10% · Conversion: Easy
WAREHOUSE, STORAGE
$585,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $610k (Aug 29 2023)
Last sale anchor
$610k
Aug 29 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
$310 / 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
$9,084
Tax year 2024
Assessed value
$736,430
Assessed 2024
Previous assessed
$736,430
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$379,081
Assessed improvement
$357,349
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
1,985 SF
Lot
0.12 ac (5,279 SF)
Zoning code
LCC2*
APN
5829-024-019
UPID
US09-8956970
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Altadena, CA
Zoning LCC2* · permitted uses
LCC2* · 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
RETAIL STORES Current
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$920,000
MEDICAL BUILDING
Est. value
$900,000
OFFICE BUILDING
Est. value
$890,000
COMMERCIAL (GENERAL)
Est. value
$615,000
WAREHOUSE, STORAGE
Est. value
$585,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1967
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Sukhjit Singh
Individual
Mailing address
761 SAINT KATHERINE DR, LA CANADA FLINTRIDGE, CA 91011-4120
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
—
Sukhjit Singh
Sukhjit Kaur Singh
Intrafamily Transfer
related
—
Jul 26, 2017
—
Sukhjit K Singh
—
Deed
related
$475,000 · Langholz Ike & Faye Tr (pt)
Jan 7, 2015
—
Sukhjit K Singh
Singh,ranjit
Quit Claim Deed
related
$366,000 · Langholz Faye Family Trust (pt
Apr 3, 2013
$610,000
Sukhjit K Singh
Szkiba Elizabeth Trust
Grant Deed
$350,000 · Rabjir S Husson
Apr 3, 2013
—
Sukhjit K Singh
Szkiba Elizabeth
Grant Deed
related
—
Mar 30, 1998
—
Szkiba,elizabeth Trustee
Szkiba,e
Quit Claim Deed
related
—
—
—
Szkiba Elizabeth Trust
—
Deed Of Trust
related
$950,000 · United Commercial Bank
—
—
Szkiba Elizabeth Trust
—
Deed Of Trust
related
$917,000 · United Commercial Bank
—
—
Sukhjit K Singh
—
Deed Of Trust
related
$475,000 · Langholz Ike & Faye Tr (pt)
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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