New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Specialty properties
506 1st Ave, Arcadia, CA 91006-3831
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9545998
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1939
Construction
WOOD
Total area
2,445 SF
Lot
0.3 ac (13,109 SF)
Zoning code
ARC2*
APN
5779-010-032
UPID
US09-9545998
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
$2.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.85M
Owner & transaction history
Nsmg California LLC · 3 yrs held
Nsmg California LLC
since 2023
Last sale
$3.0M
6 recorded transactions
Zoning & alternative use
ARC2* · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,570,000
ML approach
$2,735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $3.03M (May 2 2023)
Last sale anchor
$3.03M
May 2 2023
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
$1,164 / 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
$14,288
Tax year 2024
Assessed value
$1,239,300
Assessed 2024
Previous assessed
$1,239,300
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$938,400
Assessed improvement
$300,900
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Units
1
Bathrooms
2
Total area
2,445 SF
Lot
0.3 ac (13,109 SF)
Zoning code
ARC2*
APN
5779-010-032
UPID
US09-9545998
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARC2* · Arcadia, CA
Zoning ARC2* · permitted uses
ARC2* · 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.
Building & site characteristics
From public records
Year built
1939
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Units
1
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Nsmg California LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1900 SAINT JAMES PL STE #300, HOUSTON, TX 77056-4128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$3,034,000
Nsmg California LLC
Universal Funeral Chapel LLC
Grant Deed
—
Jun 16, 2009
$2,550,000
Universal Funeral Chapel LLC
Chapel Of Remembrance INC
Grant Deed
$1,275,000 · California Bk&tr
Jun 16, 2009
—
Chapel Of Remembrance INC
Larkin,james E
Grant Deed
—
Mar 8, 1999
$600,000
James E Larkin
Lamb Trust
Grant Deed
$800,000 · Seller
—
—
John F Lamb
—
Deed Of Trust
related
$73,000 · Individual
—
—
Universal Funeral Chapel LLC
—
Deed Of Trust
related
$530,000 · Cdc Small Business Finance Co
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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