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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Community centers
1014 Shamrock Ave Monrovia, CA 91016-6354
Individually Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8473656
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1948
Construction
WOOD
Total area
3,432 SF
Lot
0.33 ac (14,547 SF)
Zoning code
MOCG*
APN
8515-003-038
UPID
US09-8473656
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
Current use
Occupant on record · Public records
-
Andy Company expert Restaurant
-
SOMETHING HEALTHY CAFE Take-out & Catering Catering Service
-
Max Muscle sports nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
Total Nutrition Monrovia (Bike/Boat/Book/etc) Store Pharmacy
-
Estefanny Flow Fre (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.16M
Owner & transaction history
Levon Gazarian · 28 yrs held
Levon Gazarian
since 1997
4 recorded transactions
Zoning & alternative use
MOCG* · Monrovia, CA
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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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%
$1,355,000
6.5%
$1,250,000
7%
$1,160,000
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$337 / 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
$7,039
Tax year 2024
Assessed value
$371,765
Assessed 2024
Previous assessed
$371,765
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$203,495
Assessed improvement
$168,270
Applied tax rate
6.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,432 SF
Lot
0.33 ac (14,547 SF)
Zoning code
MOCG*
APN
8515-003-038
UPID
US09-8473656
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOCG* · Monrovia, CAZoning MOCG* · permitted uses
MOCG* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 17.04.010 TITLE.
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Levon Gazarian
Individual
Free & Clear · 28 yrs held
Mailing address
306 E SIERRA MADRE BLVD, SIERRA MADRE, CA 91024-2640
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 1997
$237,500
Levon Gazarian
Furman,nancy A
Grant Deed
—
Oct 12, 1994
—
Nancy A Furman
Furman,r P
Quit Claim Deed
related
—
—
—
Nancy A Furman
—
Deed Of Trust
related
$47,000 · Weiss Trust
—
—
Nancy A Furman
—
Deed Of Trust
related
$124,500 · Individual
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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