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Property profile & analytics
OFF-MARKET
Estimated value
$2,260,000
Apartment buildings
627 Marion Pl Glendora, CA 91740-4451
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8511914
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
5,340 SF
Lot
0.26 ac (11,415 SF)
Zoning code
GDR3
APN
8644-003-021
UPID
US09-8511914
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
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$2.26M
Owner & transaction history
Alvaro Garcia · 4 yrs held
Alvaro Garcia
since 2021
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
GDR3 · Glendora, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+135.4%
Neighborhood: shopping center
$3.3M
+120.0%
Auto repair, garage
$2.5M
+67.2%
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
$2,225,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,475,000
Current use
RESTAURANT
$3,475,000
Change: +135% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,250,000
Change: +120% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,470,000
Change: +67% · Conversion: Difficult
MEDICAL BUILDING
$2,425,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$1,840,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,650,000
Change: +12% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,570,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.26M
Range $2.03M – $2.49M · ±10% · vs last sale $2.44M (Nov 10 2021)
Last sale anchor
$2.44M
Nov 10 2021
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
$423 / 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
$31,174
Tax year 2024
Assessed value
$2,539,536
Assessed 2024
Previous assessed
$2,539,536
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,352,520
Assessed improvement
$1,187,016
Applied tax rate
4.0000
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
1962
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
8
Bathrooms
8
Total area
5,340 SF
Lot
0.26 ac (11,415 SF)
Zoning code
GDR3
APN
8644-003-021
UPID
US09-8511914
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
$1.5M
RESTAURANT
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.26 ac
Current owner
From public records · entity-resolved
Alvaro Garcia
Individual
Mailing address
1914 COUNTRY CLB DR, GLENDORA, CA 91741-4675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$2,440,000
Alvaro Garcia
Edwin R Leonard
Grant Deed
$1,355,000 · Sce FCU
Oct 1, 2020
$2,146,500
Edwin R Leonard
Pi Properties No 161 LLC
Grant Deed
$1,250,000 · Citizens Business Bank
Feb 28, 2018
—
Pl Properties No 161 LLC
—
Deed
related
$1,070,000 · Luther Burbank Savings
Jun 15, 2017
$1,680,000
Pi Properties 161 LLC
Lim Family Trust
Grant Deed
—
Jul 1, 2015
—
Lim Family Trust
Lim Johannes M & Mery
Quit Claim Deed
related
—
Jun 22, 2010
$998,000
Johannes M Lim
Laing Trust
Grant Deed
$500,000 · Kaiser Federal Bank
Nov 21, 2005
—
David Laing
David Laing
Intrafamily Transfer
related
$500,000 · Washington Mutual Bank
Oct 22, 2002
—
Cirrito,michael D & Maryanne Tr
Cirrito,m & M
Quit Claim Deed
related
—
Mar 17, 1999
—
David M Laing
—
Deed Of Trust
related
—
Dec 31, 1997
$272,000
David Laing
Malnic,martha U
Grant Deed
—
Sep 11, 1990
$525,000
Exodus Exchange
Lazzeri Arthur R
Trustees Deed
$325,000 · Home Savings Of America
Apr 28, 1989
$485,000
Lazzeri Arthur R
Exchange Transfe
Grant Deed
$309,000 · American Savings Bank
Apr 28, 1989
$272,500
Exchange Transfe
Exchange Transfe
Trustees Deed
related
—
—
—
Cirrito Living Trust
—
Deed Of Trust
related
$200,000 · Wassner Family Trust
—
—
Cirrito,tr
—
Deed Of Trust
related
$170,000 · Wassner Trust
—
—
Laing Trust
—
Deed Of Trust
related
$100,000 · Wassner Family Trust
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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