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Property profile & analytics
OFF-MARKET
Estimated value
$6,395,000
Apartment buildings
512 San Jose Ave, Claremont, CA 91711-6012
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6562258
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
47,024 SF
Lot
5.14 ac (224,071 SF)
Zoning code
CLRM4000*
APN
8316-019-014
UPID
US09-6562258
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
$6.40M
Owner & transaction history
Mega Lo LLC · 12 yrs held
Mega Lo LLC
since 2013
7 recorded transactions
Zoning & alternative use
CLRM4000* · Claremont, 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 Claremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremont 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
$136 / 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
$121,721
Tax year 2024
Assessed value
$8,327,989
Assessed 2024
Previous assessed
$8,327,989
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$6,327,574
Assessed improvement
$2,000,415
Applied tax rate
13.0000
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
1963
Construction
WOOD
Heating
NONE
Cooling
YES
Units
52
Bathrooms
52
Total area
47,024 SF
Lot
5.14 ac (224,071 SF)
Zoning code
CLRM4000*
APN
8316-019-014
UPID
US09-6562258
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CLRM4000* · Claremont, CA
Zoning CLRM4000* · permitted uses
CLRM4000* · Claremont, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Claremont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
52
Bathrooms
52
Lot
5.14 ac
Current owner
From public records · entity-resolved
Mega Lo LLC
Entity
Mailing address
806 BALBOA DR, ARCADIA, CA 91007-6401
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
—
Mega Lo LLC
—
Deed
related
$2,280,000 · Jpmorgan Chase Bank NA
Nov 8, 2016
—
Mega Lo LLC
—
Deed
related
$2,500,000 · Jpmorgan Chase Bank NA
Aug 16, 2013
—
Mega Lo LLC
Wang,po C L
Quit Claim Deed
related
—
Jul 1, 2009
$6,500,000
Po C L Wang
F & F/wc Claremont Cottages Asso
Grant Deed
$3,350,000 · Mega Bank
Jan 12, 2001
—
F As
Claremont Cottages LP
Quit Claim Deed
related
$3,150,000 · Coastal Banc Savings Assn
Dec 30, 1999
$680,000
Claremont Cottages LP
Garg,roop & Madhu
Grant Deed
$680,000 · Seller
Dec 5, 1995
$1,600,000
Roop Garg
Reddy Trust
Grant Deed
$1,120,000 · Southern Pacific Thrift & Loan
Oct 12, 1990
$1,000
Reddy G Venka
Reddy G Venka
Quit Claim Deed
related
—
May 18, 1990
$3,250,000
Guadagno Luigi G
Zmuda Frank A
Trustees Deed
$2,230,000 · Home Savings Of America
—
—
Yalamanchili Rao
—
Deed Of Trust
related
—
—
—
Yalamanchili Rao
—
Deed Of Trust
related
—
—
—
Mega Lo LLC
—
Loan Modification
related
—
—
—
F Cottages
—
Deed Of Trust
related
$3,457,000 · Pw Funding INC
—
—
Po C L Wang
—
Deed Of Trust
related
$2,780,000 · East West Bank
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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