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Property profile

621 Cerritos Ave Azusa, CA 91702

OFF-MARKET
Other apartment buildings
Property ID
US09-7503664
23,270 SF 0.61 ac lot Built 1962
Last sale Feb 2022 · $8,300,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

621 N Cerritos is a two-story multifamily apartment complex in Azusa, California, built in 1962. The property contains 26 units total, comprised of 19 two-bedroom units and 7 one-bedroom units. Common onsite amenities include a laundry room and a community garden. The building is positioned for access to the 210 Freeway and is walkable to Azusa Pacific University, Downtown Azusa, nearby retail and dining, and the Gold Line Metro Azusa Downtown Station. The overall unit mix provides both one- and two-bedroom living configurations within a compact apartment building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$108k
Tax billed · 2024
Assessed value$8.64M
Assessed land$4.32M
Assessed improvement$4.33M
Effective rate1.25%

Value estimate

· Oct 2026
$6.87M
$6.18M – $7.56M
AI approach$6.78M
CAP approach$5.76M
Submarket $/SF estimate$8.06M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$285/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$165 – $346
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
AZC2-R2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.9
Storage Facility8.3
Optical Shop8.1

Location

621 Cerritos Ave Azusa, CA 91702-3062
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1285 San Gabriel, Azusa, CA 91702-2063 $12,375,000 Dec 2024 22,715 SF
1275 San Gabriel, Azusa, CA 91702-2062 $12,375,000 Dec 2024 22,715 SF
810 Citrus, Azusa, CA 91702-5966 $6,369,000 May 2024 18,084 SF
1311 Azusa, Azusa, CA 91702-2066 $10,550,105 Aug 2022 28,022 SF
1381 San Gabriel Cyn, Azusa, CA 91702-2065 $10,800,108 Aug 2022 31,430 SF
1345 San Gabriel, Azusa, CA 91702-2064 $12,250,122 Aug 2022 35,208 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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