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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
438 12th E Lincoln St Carson, CA 90745-5953
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6274726
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Construction
WOOD
Total area
2,468 SF
Lot
0.14 ac (6,250 SF)
Zoning code
CARS*
APN
7406-011-004
UPID
US09-6274726
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
$725k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
John Biazar · 7 yrs held
John Biazar
since 2019
7 recorded transactions
Zoning & alternative use
CARS* · Carson, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$875,000
+27.6%
Auto repair, garage
$780,000
+14.0%
Retail stores
$695,000
+1.3%
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 Carson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carson 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%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$685,000
Current use
OFFICE BUILDING
$875,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$780,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$685,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$590,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$219 / 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
$8,095
Tax year 2024
Assessed value
$520,577
Assessed 2024
Previous assessed
$520,577
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$437,456
Assessed improvement
$83,121
Applied tax rate
1.0000
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
1952
Construction
WOOD
Heating
NONE
Cooling
YES
Units
5
Bathrooms
5
Total area
2,468 SF
Lot
0.14 ac (6,250 SF)
Zoning code
CARS*
APN
7406-011-004
UPID
US09-6274726
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CARS* · Carson, CA
Zoning CARS* · permitted uses
CARS* · Carson, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$685,000
OFFICE BUILDING
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$590,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1952
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
5
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
John Biazar
Individual
Mailing address
9100 WILSHIRE BLVD STE 880W, BEVERLY HILLS, CA 90212-3434
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 17, 2021
—
Villa Carson LLC
—
Deed
related
$2,200,000 · Cbre Capital Markets INC
Mar 15, 2019
—
John Biazar
Biazar,john & Az
Quit Claim Deed
—
Mar 7, 2019
—
John Biazar
Carter Eugene A
Grant Deed
—
Jan 8, 2008
—
Oscar M Carter
Carter,oscar M JR
Quit Claim Deed
related
$462,000 · Union Bank Of California
Mar 11, 2002
—
Myrtle A Keener
Carter,o M
Grant Deed
related
—
Sep 16, 1988
$262,000
Carter Oscar M
Munoz Anne C
Grant Deed
related
—
—
—
Oscar M Carter
—
Deed Of Trust
related
$40,000 · Individual
—
—
Oscar M Carter
—
Deed Of Trust
related
$120,000 · Individual
—
—
Oscar M Carter
—
Deed Of Trust
related
—
—
—
Oscar M Carter
—
Deed Of Trust
related
$438,750 · Hawthorne Savings Bank Fsb
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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