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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Apartment buildings
718 Arizona Ave East Los Angeles, CA 90022-2541
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6889038
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
7,192 SF
Lot
0.29 ac (12,645 SF)
Zoning code
LCR3*
APN
5240-002-029
UPID
US09-6889038
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
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$945k
Owner & transaction history
Antonio Ocegueda · 2 yrs held
Antonio Ocegueda
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
LCR3* · East Los Angeles, 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 East Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Los Angeles 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
$815,000
ML approach
$1,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,415,000
Current use
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $1.11M (Oct 10 2023)
Last sale anchor
$1.11M
Oct 10 2023
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
$131 / 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
$22,016
Tax year 2024
Assessed value
$1,457,991
Assessed 2024
Previous assessed
$1,457,991
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$985,133
Assessed improvement
$472,858
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
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
8
Bathrooms
10
Total area
7,192 SF
Lot
0.29 ac (12,645 SF)
Zoning code
LCR3*
APN
5240-002-029
UPID
US09-6889038
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3* · East Los Angeles, CA
Zoning LCR3* · permitted uses
LCR3* · East Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Los Angeles. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
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
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
8
Bathrooms
10
Lot
0.29 ac
Current owner
From public records · entity-resolved
Antonio Ocegueda
Individual
Mailing address
400 ALMORA ST, MONTEREY PARK, CA 91754-6405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 10, 2023
—
Antonio Ocegueda
Antonio Ocegueda
Intrafamily Transfer
related
—
May 26, 2023
—
Antonio Ocegueda
—
Deed
related
$780,000 · Jpmorgan Chase Bank NA
Nov 30, 2016
—
Julia O Fonseca
Fonseca,gabriel M
Quit Claim Deed
related
$877,500 · Jpmorgan Chase Bank NA
Nov 17, 2006
$1,110,000
Antonio Ocegueda
James C Owan
Grant Deed
$775,500 · Impac Commercial Capital Corp
Mar 17, 2004
—
James C Own
Owan,tr
Grant Deed
related
$450,000 · Kaiser Federal Bank
Jul 22, 2003
—
Owan,tr
Owan,james C & Betty
Quit Claim Deed
related
—
Jan 15, 2003
—
James C Owan
Owan,alan S & Cristeta
Quit Claim Deed
related
$358,000 · Jackson Federal Bank
—
—
Owan Alan S
—
Deed Of Trust
related
$322,000 · First Federal Savings & Loan
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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