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Property profile & analytics
FOR LEASE
Investment properties
624 S Santa Anita Ave Arcadia, CA 91006
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7484910
For Lease
1 / 15
$6,000/Mo
624 S Santa Anita Ave, Arcadia, CA 91006
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Construction
TILT-UP CONCRETE
Total area
7,110 SF
Lot
0.21 ac (9,252 SF)
Zoning code
ARR3HY
APN
5779-012-001
UPID
US09-7484910
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
Current use
Occupant on record · Public records
-
Title Loans Arcadia LLP Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.38M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$1.91M
Blend (final)
Blend
$2.38M
Owner & transaction history
Bacchus Investment LLC · 2 yrs held
Bacchus Investment LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
ARR3HY · Arcadia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.8M
+72.9%
Auto repair, garage
$3.3M
+49.7%
Medical building
$3.2M
+47.1%
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$2,380,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
$2,400,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,195,000
Current use
OFFICE BUILDING
$3,800,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,290,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$3,230,000
Change: +47% · Conversion: Easy
RETAIL STORES
$2,860,000
Change: +30% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,460,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$2.38M
Range $2.14M – $2.62M · ±10% · vs last sale $2.38M (Apr 2 2024)
Last sale anchor
$2.38M
Apr 2 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
$335 / 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
$21,427
Tax year 2024
Assessed value
$1,690,186
Assessed 2024
Previous assessed
$1,690,186
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,086,549
Assessed improvement
$603,637
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
7,110 SF
Lot
0.21 ac (9,252 SF)
Zoning code
ARR3HY
APN
5779-012-001
UPID
US09-7484910
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
ARR3HY · Arcadia, CA
Zoning ARR3HY · permitted uses
ARR3HY · Arcadia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Bacchus Investment LLC
Entity
Mailing address
1 3300TH XRDS PKWY N, LA PUENTE, CA 91746
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$2,380,000
Bacchus Investment LLC
Zihui Xu
Grant Deed
—
Apr 2, 2024
—
Zihui Xu
Yishu Fan
Intrafamily Transfer
related
—
Jan 18, 2019
—
Zihui Xu
—
Deed
related
$800,000 · East West Bank
Sep 25, 2012
$1,400,000
Zihui Xu
Tim Cragoe INC
Grant Deed
—
Dec 29, 2004
$750,000
Tim Cragoe INC
Gabelman Family Trust
Grant Deed
$450,000 · Citizens Business Bank
Dec 29, 2004
—
Gabelman Family Trust
Gabelman,william E & Karen J
Quit Claim Deed
related
—
Apr 24, 2000
—
Sced
Gabelman,w E & K J Trustees
Grant Deed
related
—
Aug 11, 1993
—
Gabelman William
—
Deed Of Trust
related
—
Apr 29, 1993
—
William E Gabelman
—
Deed Of Trust
related
—
—
—
Tim Cragoe INC
—
Deed Of Trust
related
$190,000 · Constantian J S Living 1992 Tr
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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