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Property profile & analytics
OFF-MARKET
Estimated value
$2,850,000
Apartment buildings
551 Claraday St Glendora, CA 91740-6049
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9201502
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
8,136 SF
Lot
0.4 ac (17,635 SF)
Zoning code
GDR3
APN
8653-008-033
UPID
US09-9201502
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
$2.85M
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.85M
Owner & transaction history
Loochman INC · 1 yrs held
Loochman INC
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
GDR3 · Glendora, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.8M
+67.2%
Medical building
$3.7M
+64.3%
Retail stores
$2.8M
+24.6%
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 Glendora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendora 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
$2,850,000
ML approach
$2,850,000
CAP Approach
CAP Return
Estimation
6%
$2,180,000
6.5%
$2,015,000
7%
$1,870,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,250,000
Current use
AUTO REPAIR, GARAGE
$3,765,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$3,700,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$2,805,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,515,000
Change: +12% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,390,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±10% · vs last sale $2.85M (Apr 18 2024)
Last sale anchor
$2.85M
Apr 18 2024
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
$350 / 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
$22,907
Tax year 2024
Assessed value
$1,771,632
Assessed 2024
Previous assessed
$1,771,632
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$981,905
Assessed improvement
$789,727
Applied tax rate
2.0000
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
1966
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
16
Total area
8,136 SF
Lot
0.4 ac (17,635 SF)
Zoning code
GDR3
APN
8653-008-033
UPID
US09-9201502
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GDR3 · Glendora, CA
Zoning GDR3 · permitted uses
GDR3 · Glendora, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1966
Construction
WOOD
Heating
NONE
Units
8
Bathrooms
16
Lot
0.4 ac
Current owner
From public records · entity-resolved
Loochman INC
Entity
Mailing address
1665 W INDUSTRIAL PARK ST, COVINA, CA 91722-3418
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
—
Loochman INC
Loochman LLC
Deed
related
—
Apr 18, 2024
$2,850,000
Loochman LLC
Lawrence W Van Noy
Grant Deed
$1,600,000 · Endeavor Bank
Sep 24, 2018
—
Van Noy,lawrence W 1990 Trust
Van Noy 1980 Trust
Quit Claim Deed
related
—
Sep 24, 2018
$1,079,500
Van Noy,lawrence W 1990 Trust
Sutherland,glenn F
Grant Deed
—
Jun 29, 2016
—
Glenn F Sutherland
Sutherland,teresa A
Quit Claim Deed
related
—
Aug 1, 2001
$650,000
Van Noy Trust
Harvey Trust
Grant Deed
$487,500 · Washington Mutual Fsb
Aug 1, 2001
—
Glenn F Sutherland
Mayhew-sutherland,t A
Quit Claim Deed
related
—
Dec 14, 1998
—
Katharine E Harvey
Harvey K E Trustee,
Quit Claim Deed
related
—
Jan 4, 1997
—
Harvey,katharine Emery Tr
—
Deed Of Trust
related
—
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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