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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Office buildings
5600 Santa Fe Ave Vernon, CA 90058-3526
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8498983
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1927
Construction
TILT-UP CONCRETE
Total area
1,148 SF
Lot
0.23 ac (9,975 SF)
Zoning code
VEM*
APN
6309-006-012
UPID
US09-8498983
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
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$909k
Blend (final)
Blend
$1.52M
Owner & transaction history
Mjl Vernon LLC · 4 yrs held
Mjl Vernon LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
VEM* · Vernon, 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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$1,510,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.50M (Feb 22 2022)
Last sale anchor
$1.50M
Feb 22 2022
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
$1,320 / 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
$13,081
Tax year 2024
Assessed value
$1,034,157
Assessed 2024
Previous assessed
$1,034,157
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$790,704
Assessed improvement
$243,453
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1927
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,148 SF
Lot
0.23 ac (9,975 SF)
Zoning code
VEM*
APN
6309-006-012
UPID
US09-8498983
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
VEM* · Vernon, CAZoning VEM* · permitted uses
VEM* · Vernon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1927
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Mjl Vernon LLC
Entity
Mailing address
1156 DESCANSO DR, LA CANADA, CA 91011-3845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2022
$1,500,000
Mjl Vernon LLC
Core Investments LLC
Grant Deed
—
Apr 11, 2014
$625,006
Core Investments LLC
Ralph H Moran
Grant Deed
$400,000 · Zions First National Bank
Feb 24, 2005
$400,000
Ralph H Moran
Steve Wiener
Grant Deed
$200,000 · Wells Fargo Bank NA
Apr 8, 2003
—
Steve Wiener
Westland INC
Grant Deed
related
—
Aug 24, 2001
—
Ptnrshp Mbh
Tang,c B & H R
Quit Claim Deed
related
—
Aug 24, 2001
$180,000
Westland INC
M B H Partnership
Grant Deed
$155,000 · Hino-8 LLC
Jul 5, 1990
$270,000
Tang Charles B Et Al
Unknown
Grant Deed
—
Aug 9, 1967
$27,000
Charles B|tang Helen R Etal Tang
—
Grant Deed
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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