Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    424 Ada Ave Glendora, CA 91741-3400

    • Apartment buildings
    • 7,789 SF
    • 0.45 lot acres
    OFF-MARKET
    Last Sale
    Oct 17, 2023
    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8618238
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 424 Ada Ave

    Year built
    1987
    Construction
    WOOD
    Lot size
    0.45 lot acres
    Property size
    7,789 SF
    Zone code
    GDR2
    Property type
    Apartment buildings
    APN
    8639-009-025
    APU
    8639009025

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,146,000
      Market price range: $998k - $2.94M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendora
    County
    Los Angeles
    State
    California
    Longitude
    -117.861
    Latitude
    34.1321
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,386
    $139,770
    $720,199
    $859,969
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,210,000
      8,900 SF

      340 Meda Ave

      APARTMENT HOUSE (5+ UNITS) • 8,900 SF
      340 Meda Ave, Glendora, CA 91741-2505
      View Details
    • Value Estimation by Request
      3,672 SF

      218 Carroll Ave

      APARTMENT HOUSE (5+ UNITS) • 3,672 SF
      218 Carroll Ave, Glendora, CA 91741-4206
      View Details
    • Value Estimation
      $5,620,000
      14,400 SF

      115 Meda Ave

      APARTMENT HOUSE (5+ UNITS) • 14,400 SF
      115 Meda Ave, Glendora, CA 91741-2621
      View Details
    • Value Estimation
      $900,000
      7,372 SF

      403 Minnesota Ave

      APARTMENT HOUSE (5+ UNITS) • 7,372 SF
      403 Minnesota Ave, Glendora, CA 91741-6226
      View Details
    • Value Estimation
      $890,000
      7,056 SF

      152 Vis Bonita Ave

      APARTMENT HOUSE (5+ UNITS) • 7,056 SF
      152 Vis Bonita Ave, Glendora, CA 91741-3376
      View Details
    • Value Estimation
      $1,585,000
      4,460 SF

      558 Lemon Ave

      APARTMENT HOUSE (5+ UNITS) • 4,460 SF
      558 Lemon Ave, Glendora, CA 91741-3550
      View Details

    Similar Nearby for Sale

    • $1,250,000
      2,213 SF

      Remodeled Office Building in Glendora

      Turnkey office building near downtown Glendora with parking.
      303 N Glendora Ave, Glendora, CA 91741
      View Details
    • $1,931,350
      4,066 SF

      Retail Building For Sale

      Four-unit retail building suitable for investors or owner-users.
      123 North Glendora Ave, Glendora, CA 91741
      View Details
    • $1,575,000
      4,314 SF

      Glendora Office Building For Sale

      Office building featuring four suites, totaling 4,314 square feet.
      211 S Glendora Ave, Glendora, CA 91741
      View Details
    • $570,000

      Land For Sale Glendora

      Land available for sale in Glendora, California.
      1826 Bluebird Rd, Glendora, CA 91741
      View Details
    • $148,800

      Glendora Restaurant Asset Sale

      Turn-key restaurant opportunity in Glendora Village with loyal customer base.
      218 N Glendora Ave, Glendora, CA 91741
      View Details
    • $1,931,350
      4,066 SF

      Four-Unit Retail Building For Sale

      Retail building with short-term leases, ideal for investors/owner-users.
      123-129 N Glendora Ave, Glendora, CA 91741
      View Details

    Similar Nearby for Lease

    • $4,100 /Mo
      2,283 SF

      New Glendora Condo Near Park

      New 3-bedroom condo with bonus room near Finkbiner Park.
      155 N Wabash Ave, Glendora, CA 91741
      View Details
    • $3,796 /Mo

      Glendora Office or Retail Space

      Office or retail space near Glendora's Downtown Village.
      303 W Foothill Blvd, Glendora, CA 91741
      View Details
    • $1.90 SF/Yr
      9 SF

      Office Suite For Rent

      Office suite featuring a reception area, private offices, and kitchen.
      217-223 S Glendora Ave, Glendora, CA 91741
      View Details
    • $4,000 /Mo

      Glendora Commercial Spanish Style Property

      Charming Spanish-style commercial property in the heart of Glendora.
      101 W Bennett Ave, Glendora, CA 91741
      View Details
    • $22 SF/Yr
      24,462 SF

      Glendora Office Building - 24,462 SF

      Prime Glendora office space, multiple tenants.
      510 Grand Ave, Glendora, CA 91741
      View Details
    • $28 SF/Yr
      1,458 SF

      Glendora Retail Space For Lease

      1,458 SF Fitness-Related Retail Space
      1357 Gladstone St, Glendora, CA 91741
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    424 Ada Ave
    Glendora, CA 91741-3400
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.