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Property profile & analytics
OFF-MARKET
Estimated value
$4,120,000
Investment properties
370 Sierra Madre Blvd Sierra Madre, CA 91024-2354
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8041568
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1966
Construction
TILT-UP CONCRETE
Total area
12,491 SF
Lot
0.54 ac (23,405 SF)
Zoning code
SRC1CC-RP*
APN
5768-021-031
UPID
US09-8041568
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
-
Sierra Madre Laundry (Bike/Boat/Book/etc) Store
-
SUN SPA Alternative Medicine Practice Spa & Massage Center
-
EL LASH BEAUTY Hair Salon Nail Salon
-
Sierra Madre Learning Center Tutoring Service
-
Posh Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.02M
CAP Approach
CAP
$3.89M
Comparable Approach
Comparable
$4.35M
Blend (final)
Blend
$4.12M
Owner & transaction history
Thomas B Swick · 2 yrs held
Thomas B Swick
since 2023
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
SRC1CC-RP* · Sierra Madre, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.8M
+49.7%
Medical building
$5.7M
+47.1%
Office building
$5.6M
+45.2%
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 Sierra Madre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sierra Madre 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
$4,225,000
ML approach
$4,020,000
CAP Approach
CAP Return
Estimation
6%
$4,215,000
6.5%
$3,890,000
7%
$3,615,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,860,000
Current use
AUTO REPAIR, GARAGE
$5,780,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$5,680,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$5,605,000
Change: +45% · Conversion: Easy
RETAIL STORES
$4,785,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$3,670,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$4.12M
Range $3.71M – $4.53M · ±10% · vs last sale $4.12M (Dec 14 2023)
Last sale anchor
$4.12M
Dec 14 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
$330 / 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
$53,290
Tax year 2024
Assessed value
$4,115,000
Assessed 2024
Previous assessed
$4,115,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$2,800,000
Assessed improvement
$1,315,000
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
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
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,491 SF
Lot
0.54 ac (23,405 SF)
Zoning code
SRC1CC-RP*
APN
5768-021-031
UPID
US09-8041568
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SRC1CC-RP* · Sierra Madre, CAZoning SRC1CC-RP* · permitted uses
SRC1CC-RP* · Sierra Madre, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$5.8M
MEDICAL BUILDING
Est. value
$5.7M
OFFICE BUILDING
Est. value
$5.6M
RETAIL STORES
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$3.7M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Thomas B Swick
Individual
Mailing address
1401 W KENNETH RD, GLENDALE, CA 91201-1421
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
$4,115,000
Thomas B Swick
Multifamily Millions LLC
Grant Deed
$1,751,600 · American First Cu
Nov 18, 2022
—
Multifamily Millions LLC
—
Deed
related
$1,461,154 · Tiara Commercial LLC
Jul 8, 2022
—
Multifamily Millions LLC
—
Deed
related
$1,800,000 · Tiara Commercial Maxine Morrison
May 3, 2022
—
Multifamily Millions LLC
—
Deed
related
$2,912,000 · The Evergreen Advantage LLC
Aug 20, 2021
$3,000,000
Multifamily Millions LLC
Tiara Commercial LLC
Grant Deed
$1,200,000 · Sglc INC
Sep 25, 2014
—
Tiara Commercial LLC
Tiara Commercial LLC
Intrafamily Transfer
related
$1,150,000 · Wilshire Bank
Jul 31, 2003
—
Tiara Enterprises LLC
Paragon Financial Trust
Grant Deed
$1,280,000 · Quaker City Bank
Jul 30, 2003
—
Paragon Financial Trust
Stevad,tr
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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