New search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Apartment buildings
451 Sacramento St Altadena, CA 91001-2914
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6236351
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1924
Construction
WOOD
Total area
4,896 SF
Lot
0.74 ac (32,262 SF)
Zoning code
LCR110
APN
5839-016-016
UPID
US09-6236351
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
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Michael J Capkanis · 18 yrs held
Michael J Capkanis
since 2008
7 recorded transactions
Zoning & alternative use
LCR110 · Altadena, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+17.1%
Warehouse, storage
$1.4M
+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%
$1,315,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,290,000
Current use
COMMERCIAL (GENERAL)
$1,515,000
Change: +17% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,440,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$194 / 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
$20,247
Tax year 2024
Assessed value
$1,548,501
Assessed 2024
Previous assessed
$1,548,501
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,416,533
Assessed improvement
$131,968
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
1924
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
5
Units
8
Bathrooms
8
Total area
4,896 SF
Lot
0.74 ac (32,262 SF)
Zoning code
LCR110
APN
5839-016-016
UPID
US09-6236351
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
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.4M
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
1924
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
5
Units
8
Bathrooms
8
Lot
0.74 ac
Current owner
From public records · entity-resolved
Michael J Capkanis
Individual
Mailing address
461 W LOMA ALTA DR, ALTADENA, CA 91001-3841
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2018
—
Michael J Capkanis
—
Deed
related
$1,646,000 · Hunt Mortgage Partners LLC
Aug 24, 2016
—
Michael J Capkanis
—
Deed
related
$1,660,000 · Jpmorgan Chase Bank NA
Feb 27, 2008
—
Michael J Capkanis
The Parkdale Trust
Grant Deed
$780,000 · Washington Mutual Bank
Aug 18, 2005
—
Parkdale Trust
Parkdale Trust
Quit Claim Deed
related
—
Nov 21, 2002
$800,000
Parkdale,tr
Posthuma,tr
Grant Deed
$640,000 · Posthuma Trust
Jan 19, 1999
—
Omar Taboada
Stewart,ttile Ca Trustee
Quit Claim Deed
related
—
Dec 18, 1998
—
Posthuma,john R Trustee
Posthuma,j R
Quit Claim Deed
related
—
Dec 18, 1998
$170,000
Posthuma,john R
Awker,dick L
Trustees Deed
—
Dec 18, 1998
$123,500
Posthuma,john R
Posthuma,stephen C
Trustees Deed
related
—
—
—
Posthuma Trust
—
Deed Of Trust
related
$200,000 · Farmers & Merchants Bk Lng Bch
—
—
Parkdale Trust
—
Deed Of Trust
related
$55,000 · Koenig Sandra P Living 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.
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 451 Sacramento St?
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.
