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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Apartment buildings
386 Altadena Dr Altadena, CA 91001-2241
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8947413
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1928
Construction
WOOD
Total area
3,552 SF
Lot
0.39 ac (17,002 SF)
Zoning code
LCR110
APN
5840-006-003
UPID
US09-8947413
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
$880k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Ckck LLC · 9 yrs held
Ckck LLC
since 2016
7 recorded transactions
Zoning & alternative use
LCR110 · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+17.1%
Warehouse, storage
$1.0M
+11.4%
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 Altadena submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altadena 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%
$955,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$935,000
Current use
COMMERCIAL (GENERAL)
$1,095,000
Change: +17% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,045,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$200 / 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
$19,823
Tax year 2024
Assessed value
$1,536,666
Assessed 2024
Previous assessed
$1,536,666
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$910,262
Assessed improvement
$626,404
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
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
1928
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
5
Units
6
Bathrooms
6
Total area
3,552 SF
Lot
0.39 ac (17,002 SF)
Zoning code
LCR110
APN
5840-006-003
UPID
US09-8947413
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR110 · Altadena, CA
Zoning LCR110 · permitted uses
LCR110 · Altadena, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Altadena. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
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
1928
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
5
Units
6
Bathrooms
6
Lot
0.39 ac
Current owner
From public records · entity-resolved
Ckck LLC
Entity
Mailing address
3770 DEERVALE DR, SHERMAN OAKS, CA 91403-4603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
—
Ckck LLC
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Apr 20, 2017
—
Ckck LLC
—
Deed
related
$700,000 · Wells Fargo Bank NA
Oct 12, 2016
$1,350,000
Ckck LLC
Lee,lawrence E
Grant Deed
—
Oct 3, 2016
—
Lawrence E Lee
—
Deed
related
$954,000 · Ronald Lee
Jul 24, 2001
—
Lawrence E Lee
Lee,g
Quit Claim Deed
related
—
—
—
Lawrence E Lee
—
Deed Of Trust
related
$35,000 · Citizens Business Bank
—
—
Lawrence E Lee
—
Deed Of Trust
related
$312,000 · World Savings Bank
—
—
Lawrence E Lee
—
Deed Of Trust
related
$954,000 · Ronald Lee
—
—
Lawrence E Lee
—
Deed Of Trust
related
$250,000 · Fidelity Federal Bank
—
—
Lawrence E Lee
—
Deed Of Trust
related
$25,000 · Citizens Business Bank
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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