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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Warehouses
511 Virginia Ave Azusa, CA 91702-2838
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0242810
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
16,050 SF
Lot
0.92 ac (40,193 SF)
Zoning code
AZM1YY
APN
8616-010-020
UPID
US10-0242810
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Galassi,d & D Family Trust · 9 yrs held
Galassi,d & D Family Trust
since 2016
7 recorded transactions
Zoning & alternative use
AZM1YY · Azusa, 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 Azusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azusa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$99 / 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
$42,349
Tax year 2024
Assessed value
$3,159,179
Assessed 2024
Previous assessed
$3,159,179
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,592,959
Assessed improvement
$1,566,220
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
16,050 SF
Lot
0.92 ac (40,193 SF)
Zoning code
AZM1YY
APN
8616-010-020
UPID
US10-0242810
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZM1YY · Azusa, CA
Zoning AZM1YY · permitted uses
AZM1YY · Azusa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Azusa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Galassi,d & D Family Trust
Trust
Mailing address
2174 E CRARY ST, PASADENA, CA 91104-1826
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Sep 21, 2016
$2,776,500
Galassi,d & D Family Trust
Laurence St Ives LLC
Grant Deed
—
May 28, 2003
$1,219,500
Laurence St Investment LLC
Bowden,tr
Grant Deed
$1,125,000 · City National Bank
Mar 23, 2001
—
Bowden,frederick E & Diane M Tr
Bowden Dev
Quit Claim Deed
related
—
Sep 17, 1999
$980,500
Bowden Developement INC
Deutsch Co
Grant Deed
—
—
—
Laurence St Ives LLC
—
Deed Of Trust
related
$1,200,000 · Bank Of America
—
—
Laurence St Ives LLC
—
Deed Of Trust
related
$200,000 · Bank Of America
—
—
Bowden Trust
—
Deed Of Trust
related
$892,500 · Banco Popular North America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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