Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
38 Baldwin Ave Sierra Madre, CA 91024
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7350253
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
1,580 SF
Lot
0.1 ac (4,500 SF)
Zoning code
SRC1CC*
APN
5767-015-032
UPID
US09-7350253
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
by Request
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$329k
Blend (final)
Blend
$530k
Owner & transaction history
Tasci,avadis & Rita Living Trust · 9 yrs held
Tasci,avadis & Rita Living Trust
since 2017
7 recorded transactions
Zoning & alternative use
SRC1CC* · Sierra Madre, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$730,000
+20.7%
Medical building
$720,000
+18.6%
Office building
$710,000
+17.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
RETAIL STORES
$605,000
Current use
AUTO REPAIR, GARAGE
$730,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$720,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$710,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$490,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$335 / 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
$11,591
Tax year 2024
Assessed value
$990,475
Assessed 2024
Previous assessed
$990,475
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$358,413
Assessed improvement
$632,062
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
1,580 SF
Lot
0.1 ac (4,500 SF)
Zoning code
SRC1CC*
APN
5767-015-032
UPID
US09-7350253
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SRC1CC* · Sierra Madre, CAZoning SRC1CC* · permitted uses
SRC1CC* · 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
RETAIL STORES Current
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$730,000
MEDICAL BUILDING
Est. value
$720,000
OFFICE BUILDING
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$490,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Tasci,avadis & Rita Living Trust
Trust
Mailing address
2064 CAROLWOOD DR, ARCADIA, CA 91006-1513
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
May 19, 2017
—
Tasci,avadis & Rita Living Trust
Tasci,avadis & Rita
Quit Claim Deed
related
—
Apr 20, 2017
$870,500
Avadis Tasci
Waddingham,charlotte
Grant Deed
—
Jan 2, 2008
—
Charlotte Waddingham
Wright,james A
Quit Claim Deed
related
—
Apr 18, 1990
—
Sced
Gord
Grant Deed
related
—
—
—
Pauline A Gordon
—
Deed Of Trust
related
$161,650 · Bank Of Monrovia
—
—
Nina Neale
—
Deed Of Trust
related
$220,000 · Individual
—
—
James Wright
—
Deed Of Trust
related
$475,000 · Bank Of The West
—
—
Nina Neale
—
Deed Of Trust
related
$600,000 · Southland Business Bank
—
—
Nina Neale
—
Deed Of Trust
related
$225,000 · Citizens Commercial Tr & Sa
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 38 Baldwin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
