Property profile

515 1st Ave Arcadia, CA 91006

OFF-MARKET
Office buildings
Property ID
US09-6783630
2,112 SF 0.18 ac lot Built 1935
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1935
Construction WOOD
Total area 2,112 SF
Lot 0.18 ac (7,823 SF)
Zoning code ARC2HY
APN 5779-011-016
UPID US09-6783630

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Medical Clinic Skin Care Clinic
  • Department Store

Location

515 1st Ave Arcadia, CA 91006-3832
Arcadia metro Census 430801 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$760k
Comparable Approach Comparable
$704k
Blend (final) Blend
$815k

Owner & transaction history

since 2019
7 recorded transactions
2019
$1.4M
2018
Price N/A
2009
$910,000
2005
$760,000
2001
Price N/A
1988
$435,000
1988
$300,000

Zoning & alternative use

ARC2HY · Arcadia, CA
Top alternative use upside
Neighborhood: shopping center $1.3M +13.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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