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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Apartment buildings
503 Fairview Ave Arcadia, CA 91007-6737
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8563649
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
10,288 SF
Lot
0.45 ac (19,391 SF)
Zoning code
ARR3YY
APN
5778-004-012
UPID
US09-8563649
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
$3.56M
CAP Approach
CAP
$2.55M
Comparable Approach
Comparable
$4.95M
Blend (final)
Blend
$3.70M
Owner & transaction history
503 Arcadia LLC · 4 yrs held
503 Arcadia LLC
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
ARR3YY · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+41.7%
Auto repair, garage
$4.8M
+39.3%
Medical building
$4.7M
+36.9%
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$3,515,000
ML approach
$3,555,000
CAP Approach
CAP Return
Estimation
6%
$2,760,000
6.5%
$2,545,000
7%
$2,365,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,415,000
Current use
OFFICE BUILDING
$4,840,000
Change: +42% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,760,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$4,675,000
Change: +37% · Conversion: Moderate
RETAIL STORES
$4,185,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,180,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±10% · vs last sale $3.86M (Aug 31 2021)
Last sale anchor
$3.86M
Aug 31 2021
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
$359 / 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
$46,346
Tax year 2024
Assessed value
$4,010,741
Assessed 2024
Previous assessed
$4,010,741
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,208,593
Assessed improvement
$802,148
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
1962
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
16
Total area
10,288 SF
Lot
0.45 ac (19,391 SF)
Zoning code
ARR3YY
APN
5778-004-012
UPID
US09-8563649
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARR3YY · Arcadia, CA
Zoning ARR3YY · permitted uses
ARR3YY · Arcadia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.4M
OFFICE BUILDING
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.7M
RETAIL STORES
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL 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
1962
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
16
Lot
0.45 ac
Current owner
From public records · entity-resolved
503 Arcadia LLC
Entity
Mailing address
300 W VLY BLVDPMB46, ALHAMBRA, CA 91803-3338
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
$3,855,000
503 Arcadia LLC
Michel W Valentine
Grant Deed
$1,700,000 · East West Bank
Aug 5, 2021
—
Michel W Valentine
Michel W Valenfine
Intrafamily Transfer
related
—
Sep 9, 2013
—
Valentine,michel 2012 Trust
Valentine,michel W
Quit Claim Deed
related
—
Nov 16, 2004
—
Michel W Valentine
Haddad,wanda
Quit Claim Deed
related
—
Oct 27, 1998
—
Wanda Haddad
Haddad,w
Quit Claim Deed
related
—
May 4, 1995
—
Wanda Haddad
Valentine,n W
Quit Claim Deed
related
—
—
—
Michel Valentine
—
Deed Of Trust
related
$34,100 · Small Business Associates
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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