Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1540 W Olympic Blvd Montebello, CA 90640

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Large lot with office building and garage in visible location.

    Property Features for 1540 W Olympic Blvd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Daniel Perez
    Source: Crexi

    Listing Agency: CENTURY 21 Realty Masters Listing Agent: Daniel Perez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Montebello Commercial Shop For Sale

    Located in Montebello, this commercial property offers a 10,000 square foot lot with a 3,000 square foot office building and a large garage suitable as a showroom or office. The property is zoned for light industrial use and is situated in a highly visible location between Garfield Avenue and Montebello Boulevard, providing significant exposure to passing traffic. Previously used as an auto body shop, the property is suitable for various automotive-related businesses, including auto rental, repair, service, stereo and alarm installation, tire sales, upholstery, and car parts sales. It can also serve as a storage warehouse for deliveries. The building features side alley access for convenient drop-offs and deliveries. Upgrades include newer electrical panels and newer roofs in some covered areas. The property includes three bathrooms and two offices, making it suitable for car enthusiasts or car restoration businesses.
    Location Intelligence

    Current Use by Public Records

    J. Stout Body ... Auto Repair Shop L&R Water Mold ... Carpet Cleaning Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Desser Aerospace, Aero Wheel & Brake Services Corporation, Dynaflex Products, Katzkin, Closed

    Location Insight

    • Map
    • Local Demand
    City
    Montebello
    County
    Los Angeles
    State
    California
    Longitude
    -118.1193469
    Latitude
    34.0098387

    Nearby Similar for Sale

    • $650,000
      1,400 SF

      Liquor Store Business & Real Estate

      Established liquor store with check cashing business and real estate.
      1129 Washington Blvd, Montebello, CA 90640
      View Details
    • $1,268,000
      2,927 SF

      Remodeled Montebello Duplex with ADU

      Fully remodeled duplex with permitted ADU, ideal for rental income.
      805 S 10Th St, Montebello, CA 90640
      View Details
    • $350,000
      440 SF

      Montebello Commercial Property For Sale

      Commercial property in Montebello, ideal for investors or owner-users.
      2320 W Whittier Blvd, Montebello, CA 90640
      View Details
    • $2,120,000
      5,986 SF

      Montebello Multifamily Investment Opportunity

      Well-maintained 6-unit multifamily property in North Montebello.
      616 Via Altamira, Montebello, CA 90640
      View Details
    • $250,000
      Pending

      Montebello Retail Business Opportunity

      Established business on Washington Boulevard with high check cashing volume.
      1129 Washington Blvd, Montebello, CA 90640
      View Details
    • $650,000
      Pending

      Established Liquor Store with Parking

      Long-term liquor store with check cashing and parking.
      1129 Washington Blvd, Montebello, CA 90640
      View Details
    • $550,000
      1,180 SF

      Montebello Commercial Property with Income Potential

      Commercial property with storefront, apartments, parking, and redevelopment potential.
      2322 W Whittier Blvd, Montebello, CA 90640
      View Details
    • $350,000
      Pending

      Montebello Commercial Studio Building

      440 sq ft studio on 2,533 sq ft lot.
      2320 W Whittier Blvd, Montebello, CA 90640
      View Details
    • $1,600,000
      3,625 SF

      Remodeled Office Building with Parking

      Modern office space with dedicated parking in prime location.
      3317 W Beverly Blvd, Montebello, CA 90640
      View Details
    • $864,600
      3,044 SF

      Montebello Quadruplex on Large Lot

      Four-unit residential income property in Montebello, California, built in 1955.
      424 Bradley Ave, Montebello, CA 90640
      View Details
    • $850,000
      2,263 SF

      Montebello Triplex For Sale

      Income-producing triplex in Montebello with cash flow and equity potential.
      416 W Cleveland Ave, Montebello, CA 90640
      View Details
    • $1,300,000

      Commercial Property with Courtyard

      Commercial property featuring office, retail, and medical spaces.
      2603 W Beverly Blvd, Montebello, CA 90640
      View Details

    FAQs

    What type of property is this?
    Auto shop - Large lot with office building and garage in visible location.
    Where is this auto shop located?
    The property is located at 1540 W Olympic Blvd Montebello, CA.
    What are key features of this property?
    This property features: - Large 10,000 sq ft lot with 3,000 sq ft building in Montebello.; - Light Industrial zoning allows for various business uses (e.g., auto-related, storage).; - High-visibility location between Garfield Ave and Montebello Blvd.
    Request Owner's contact information
    1540 W Olympic Blvd Montebello, CA 90640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1540 W Olympic Blvd
    Montebello, CA 90640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1540 W Olympic Blvd Montebello, CA 90640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Perez
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!