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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
329 Harps St San Fernando, CA 91340-2861
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8548874
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
4,032 SF
Lot
0.2 ac (8,581 SF)
Zoning code
SFR3*
APN
2520-015-018
UPID
US09-8548874
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$347k
Blend (final)
Blend
$540k
Owner & transaction history
Artin Y Kurdian · 1 yrs held
Artin Y Kurdian
since 2024
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
SFR3* · San Fernando, CA
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 San Fernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Fernando 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
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$830,000
Current use
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Jun 24 2024)
Last sale anchor
$540k
Jun 24 2024
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
$134 / 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
$13,703
Tax year 2024
Assessed value
$935,634
Assessed 2024
Previous assessed
$935,634
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$362,180
Assessed improvement
$573,454
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
1964
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Total area
4,032 SF
Lot
0.2 ac (8,581 SF)
Zoning code
SFR3*
APN
2520-015-018
UPID
US09-8548874
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SFR3* · San Fernando, CAZoning SFR3* · permitted uses
SFR3* · San Fernando, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS) Current
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
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Lot
0.2 ac
Current owner
From public records · entity-resolved
Artin Y Kurdian
Individual
Free & Clear · 1 yrs held
Mailing address
19115 DERWENT PL, NORTHRIDGE, CA 91326-1013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 5, 2024
—
Artin Y Kurdian
Artin Y Kurdian
Deed
related
—
Nov 22, 2024
—
Artin Y Kurdian
Artin Y Kurdian
Deed
related
—
Jun 24, 2024
$540,000
Artin Kurdian
Artin Kurdian LLC
Grant Deed
—
Oct 31, 2012
$775,000
Artin Kurdian LLC
Phillipsen D Living Trust
Grant Deed
—
Oct 31, 2012
—
Deborah Phillipsen
Phillipsen,garth A
Quit Claim Deed
related
—
May 9, 2012
—
Phillipsen D Living Trust
Phillipsen,deborah
Quit Claim Deed
related
—
Aug 13, 2010
$546,000
Deborah Phillipsen
H & M Schnathorst Fam Ptshp LP
Grant Deed
—
Sep 8, 2000
—
Schnathorst H & M Family
Schnathorst,m N Co-trustee
Quit Claim Deed
related
—
Apr 26, 1965
—
—
—
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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