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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Retail space
729 Arrow Hwy Azusa, CA 91702-5803
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0217141
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
WOOD
Total area
3,876 SF
Lot
0.5 ac (21,968 SF)
Zoning code
AZC3*
APN
8622-024-024
UPID
US10-0217141
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$765k
Owner & transaction history
Arthur Demirchyan · 15 yrs held
Arthur Demirchyan
since 2010
7 recorded transactions
Zoning & alternative use
AZC3* · Azusa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+2.7%
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 Azusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azusa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,165,000
Current use
COMMERCIAL (GENERAL)
$1,200,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$995,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$197 / 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
$9,006
Tax year 2024
Assessed value
$638,953
Assessed 2024
Previous assessed
$638,953
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$494,129
Assessed improvement
$144,824
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
3,876 SF
Lot
0.5 ac (21,968 SF)
Zoning code
AZC3*
APN
8622-024-024
UPID
US10-0217141
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZC3* · Azusa, CA
Zoning AZC3* · permitted uses
AZC3* · Azusa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Azusa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$995,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1954
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Arthur Demirchyan
Individual
Mailing address
3767 ALOMAR DR, SHERMAN OAKS, CA 91423-4944
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2010
—
Arthur Demirchyan
Arthur Demirchyan
Intrafamily Transfer
related
$4,320,000 · Pacific Alliance Bank
Feb 13, 2003
$450,000
Arthur Demirchyan
Farwell Enterprises
Grant Deed
$48,920 · Dave & Glenda Reid
Feb 13, 2003
—
Farwell Enterprises
Wells,tr
Quit Claim Deed
related
—
May 1, 2002
—
John M Wells
Wells,j M
Quit Claim Deed
related
—
May 9, 2001
$60,000
Jeffrey A Wells
Page One Holdings LP
Grant Deed
related
$60,000 · Page One Holdings LP
Apr 13, 2001
$345,000
Wells Trust
Arellances Trust
Grant Deed
$276,000 · Azusa Pacific University
Jan 8, 1993
$353,181
James R Arellanes
Debusk,james G
Grant Deed
$200,000 · Individual
—
—
Debus
—
Deed Of Trust
related
$73,000 · Circle Mortgage Corp
—
—
James G Debusk
—
Deed Of Trust
related
$10,000 · Circle Mortgage Corp
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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