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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Apartment buildings
656 4th St San Fernando, CA 91340-2407
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7551281
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
2,925 SF
Lot
0.19 ac (8,100 SF)
Zoning code
SFR3*
APN
2519-016-029
UPID
US09-7551281
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
$775k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$780k
Owner & transaction history
Timothy J Sauer · 4 yrs held
Timothy J Sauer
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
SFR3* · San Fernando, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$865,000
+43.6%
Warehouse, storage
$860,000
+42.9%
Retail stores
$830,000
+37.6%
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 San Fernando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Fernando 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
$785,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$600,000
Current use
COMMERCIAL (GENERAL)
$865,000
Change: +44% · Conversion: Moderate
WAREHOUSE, STORAGE
$860,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$830,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $950k (May 31 2022)
Last sale anchor
$950k
May 31 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
$267 / 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
$14,951
Tax year 2024
Assessed value
$1,038,960
Assessed 2024
Previous assessed
$1,038,960
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$415,583
Assessed improvement
$623,377
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
1978
Construction
WOOD
Heating
NONE
Cooling
YES
Units
6
Bathrooms
6
Total area
2,925 SF
Lot
0.19 ac (8,100 SF)
Zoning code
SFR3*
APN
2519-016-029
UPID
US09-7551281
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SFR3* · San Fernando, CAZoning SFR3* · permitted uses
SFR3* · San Fernando, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$865,000
WAREHOUSE, STORAGE
Est. value
$860,000
RETAIL STORES
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1978
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
6
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
Timothy J Sauer
Individual
Mailing address
612 BERKSHIRE AVE, LA CANADA FLINTRIDGE, CA 91011-3425
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
—
Timothy J Sauer
Timothy J Sauer
Intrafamily Transfer
related
$812,500 · First Republic Bank
Dec 31, 2019
—
Tct Living Trust
—
Deed
related
$820,000 · Financial Ptrs Cu
Oct 12, 2018
$950,000
Tct Living Trust
Drehspul,ivan
Grant Deed
—
Apr 4, 2013
$650,000
Ivan Drehspul
Honaryar INC
Grant Deed
$455,000 · Provident Savings Bank
Feb 22, 2008
$700,000
Honaryar INC
H&m Schnathorst Family Partnership
Grant Deed
$517,500 · Luther Burbank Savings
Sep 8, 2000
—
Schnathorst H & M Family
Schmathorst,m N Co-trustee
Grant Deed
related
—
—
—
Tct Living Trust
—
Deed Of Trust
related
$820,000 · Financial Ptrs Cu
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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