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Property profile & analytics
FOR LEASE
Apartment buildings
800 North Azusa Ave Azusa, CA 91702
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8618235
For Lease
$7,835,000
800 North Azusa Ave, Azusa, CA 91702
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
58,380 SF
Lot
2.49 ac (108,331 SF)
Zoning code
AZR3B*
APN
8621-024-016
UPID
US09-8618235
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
by Request
Blend (final)
Blend
$7.84M
Owner & transaction history
Gordon Family Trust · 7 yrs held
Gordon Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
AZR3B* · Azusa, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$134 / 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
$116,088
Tax year 2024
Assessed value
$8,670,085
Assessed 2024
Previous assessed
$8,670,085
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$3,810,707
Assessed improvement
$4,859,378
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Lease
Year built
1963
Construction
WOOD
Heating
NONE
Units
56
Total area
58,380 SF
Lot
2.49 ac (108,331 SF)
Zoning code
AZR3B*
APN
8621-024-016
UPID
US09-8618235
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZR3B* · Azusa, CA
Zoning AZR3B* · permitted uses
AZR3B* · 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.
Building & site characteristics
From public records
Year built
1963
Construction
WOOD
Heating
NONE
Units
56
Lot
2.49 ac
Current owner
From public records · entity-resolved
Gordon Family Trust
Trust
Mailing address
7 N 5TH AVE, ARCADIA, CA 91006-3739
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jun 28, 2019
$5,633,000
Gordon Family Trust
Fertig Family Trust
Grant Deed
—
Jul 14, 2015
—
Fertig Family Trust
Fertig,peter M & Virginia L
Quit Claim Deed
related
—
Apr 11, 2013
—
John P Gordon
Gordon,john P & Clare W
Quit Claim Deed
related
—
Dec 15, 2008
—
Kloss Family Trust
Kloss,carl JR & Kathleen M
Quit Claim Deed
related
—
Dec 26, 1990
$3,500
Carl J Kloss
Fertig Peter M
Grant Deed
related
—
Nov 30, 1990
$624,500
Fetig Peter M
Fgk Azusa Ltd
Grant Deed
related
$462,000 · Century Federal Savings & Loan
Aug 31, 1988
$966,000
Peter M Fertig
Welc
Grant Deed
related
—
—
—
Peter M Fertig
—
Deed Of Trust
related
$100,000 · Individual
—
—
Peter M Fertig
—
Deed Of Trust
related
$1,900,000 · Washington Mutual Fsb
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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