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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Apartment buildings
3142 Gladys Ave Rosemead, CA 91770-2514
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8788420
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
3,570 SF
Lot
0.3 ac (13,190 SF)
Zoning code
RMR2YY
APN
5288-008-046
UPID
US09-8788420
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
$1.38M
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.38M
Owner & transaction history
Ken Lam · 5 yrs held
Ken Lam
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
RMR2YY · Rosemead, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+164.9%
Auto repair, garage
$1.7M
+101.4%
Medical building
$1.6M
+97.9%
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 Rosemead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosemead 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
$1,365,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,175,000
Change: +165% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,650,000
Change: +101% · Conversion: Difficult
MEDICAL BUILDING
$1,625,000
Change: +98% · Conversion: Moderate
OFFICE BUILDING
$1,600,000
Change: +95% · Conversion: Moderate
RETAIL STORES
$1,370,000
Change: +67% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: +35% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,050,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±10% · vs last sale $1.50M (Apr 13 2021)
Last sale anchor
$1.50M
Apr 13 2021
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
$387 / 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
$21,013
Tax year 2024
Assessed value
$1,591,811
Assessed 2024
Previous assessed
$1,591,811
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,167,328
Assessed improvement
$424,483
Applied tax rate
3.0000
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
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Units
5
Bathrooms
5
Total area
3,570 SF
Lot
0.3 ac (13,190 SF)
Zoning code
RMR2YY
APN
5288-008-046
UPID
US09-8788420
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RMR2YY · Rosemead, CA
Zoning RMR2YY · permitted uses
RMR2YY · Rosemead, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosemead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
4
Units
5
Bathrooms
5
Lot
0.3 ac
Current owner
From public records · entity-resolved
Ken Lam
Individual
Mailing address
1502 MIDFORK CIR, WALNUT, CA 91789-5332
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
$1,500,000
Ken Lam
Samuel Lachberg
Grant Deed
$565,000 · Jpmorgan Chase Bank NA
Apr 13, 2021
—
Kimberly L Sarreal
Edgar M Sarreal
Intrafamily Transfer
related
—
Nov 24, 2020
—
Kimberly L Sarreal
Lachberg Arthur J Trust
Quit Claim Deed
related
—
May 2, 2002
—
S Lachberg
Lach
Quit Claim Deed
related
—
Dec 31, 1997
—
Lachberg,edith Tr
—
Deed Of Trust
related
—
Jun 15, 1992
—
Lachberg Morris Co Tr
—
Deed Of Trust
related
—
Dec 17, 1964
$8,300
—
—
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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