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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Investment properties
307 Sumner Ave Avalon, CA 90704-3102
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6489345
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1973
Construction
WOOD
Total area
2,286 SF
Lot
0.04 ac (1,911 SF)
Zoning code
AVC1*
APN
7480-031-013
UPID
US09-6489345
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
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.31M
Owner & transaction history
Catalina Business Enterprises INC · 4 yrs held
Catalina Business Enterprises INC
since 2022
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
AVC1* · Avalon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+97.0%
Auto repair, garage
$1.1M
+49.7%
Medical building
$1.0M
+47.1%
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 Avalon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avalon 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
$1,275,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,390,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,055,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,040,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$1,025,000
Change: +45% · Conversion: Easy
RETAIL STORES
$875,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.45M (May 10 2022)
Last sale anchor
$1.45M
May 10 2022
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
$573 / 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
$28,141
Tax year 2024
Assessed value
$1,508,580
Assessed 2024
Previous assessed
$1,508,580
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$546,210
Assessed improvement
$962,370
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
3
Total area
2,286 SF
Lot
0.04 ac (1,911 SF)
Zoning code
AVC1*
APN
7480-031-013
UPID
US09-6489345
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AVC1* · Avalon, CA
Zoning AVC1* · permitted uses
AVC1* · Avalon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avalon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Catalina Business Enterprises INC
Entity
Mailing address
PO BOX 1919, AVALON, CA 90704-1919
Ownership since
2022
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 10, 2022
$1,450,000
Catalina Business Enterprises INC
Jane Katherine Lewis
Grant Deed
$815,000 · Sprout Mortgage LLC
Feb 16, 2021
—
Andrea R Beach Greco
Andrea Beach Greco
Intrafamily Transfer
related
—
May 19, 2014
—
Lewis,jane K Living Trust
Lewis,jane K
Quit Claim Deed
related
—
Feb 3, 2009
—
Bill Montague
Beach R C & D D Trust
Grant Deed
related
—
Dec 29, 1993
—
Raymond C Cotr Beach
—
Deed Of Trust
related
—
Sep 29, 1972
$32,500
Beach,raymond C Cotr|beach Trust
—
Grant Deed
related
—
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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