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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Apartment buildings
3822 Sunset Ave Montrose, CA 91020-1835
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8462115
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
8,138 SF
Lot
0.3 ac (13,216 SF)
Zoning code
LCR3YY
APN
5807-020-031
UPID
US09-8462115
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
$2.02M
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$2.71M
Owner & transaction history
Premier West Properties LLC
Premier West Properties LLC
since 2026
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
LCR3YY · Montrose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.8M
+75.3%
Medical building
$3.7M
+72.3%
Office building
$3.7M
+70.0%
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 Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose 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%
$2,180,000
6.5%
$2,015,000
7%
$1,870,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,145,000
Current use
AUTO REPAIR, GARAGE
$3,765,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$3,700,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$3,650,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$3,120,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,515,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.94M (Jan 22 2026)
Last sale anchor
$2.94M
Jan 22 2026
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
$332 / 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
$30,063
Tax year 2024
Assessed value
$2,546,176
Assessed 2024
Previous assessed
$2,546,176
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,705,545
Assessed improvement
$840,631
Applied tax rate
4.0000
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
1961
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
9
Bathrooms
10
Total area
8,138 SF
Lot
0.3 ac (13,216 SF)
Zoning code
LCR3YY
APN
5807-020-031
UPID
US09-8462115
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3YY · Montrose, CAZoning LCR3YY · permitted uses
LCR3YY · Montrose, 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
9
Bathrooms
10
Lot
0.3 ac
Current owner
From public records · entity-resolved
Premier West Properties LLC
Entity
Mailing address
3220 DORA VERDUGO DR, GLENDALE, CA 91208-1755
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
$2,935,000
Premier West Properties LLC
Vana Medical LLC
Grant Deed
$1,525,000 · Jpmorgan Chase Bank NA
Jan 10, 2020
—
Vana Medical LLC
—
Deed
related
$1,810,000 · Burbank Financial INC
Dec 5, 2019
$871,500
Vana Medical LLC
Tiareh Properties LLC
Grant Deed
—
Jan 24, 2018
—
Vana Medical LLC
Cherik Family Trust
Quit Claim Deed
—
Jan 16, 2018
—
Cherik Family Trust
Cherik Family Trust
Quit Claim Deed
related
—
Dec 28, 2017
—
Tiareh Properties LLC
Yessaie George & E Trust
Quit Claim Deed
—
Dec 21, 2017
—
Yessaie,george & Elfrida Trust
Yessaie George & E Trust
Quit Claim Deed
related
—
Dec 14, 2017
—
Cherik Family Trust
3822 Sunset Building LLC
Quit Claim Deed
—
Nov 4, 2016
—
3822 Sunset Building LLC
—
Deed
related
$1,475,000 · Jpmorgan Chase Bank NA
Oct 6, 2010
$1,300,000
3822 Sunset Building LLC
Berry Mildred R Trust
Grant Deed
related
—
Jul 13, 2010
$1,400,000
3822 Sunset Building LLC
Berry Mildred R Trust
Grant Deed
$1,090,000 · Berry Mildred R Trust
Dec 21, 2007
—
Berry Mildred R Trust
Berry,mildred R
Quit Claim Deed
related
—
—
—
Mildred R Berry
—
Deed Of Trust
related
$330,000 · Perel Trust
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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