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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Retail space
107 Lemon Ave Monrovia, CA 91016-2809
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9162492
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1911
Construction
WOOD
Total area
3,182 SF
Lot
0.07 ac (3,154 SF)
Zoning code
MOCD*
APN
8516-016-025
UPID
US09-9162492
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
-
ReNew Health Corporate Office
-
ReNew Health Consulting Services Nursing Home
-
Don Jagoda Associates, Inc. Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$565k
Owner & transaction history
Monrovia Myrtle LLC · 17 yrs held
Monrovia Myrtle LLC
since 2008
7 recorded transactions
Zoning & alternative use
MOCD* · Monrovia, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$178 / 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
$6,415
Tax year 2024
Assessed value
$425,808
Assessed 2024
Previous assessed
$425,808
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$138,487
Assessed improvement
$287,321
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1911
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
3,182 SF
Lot
0.07 ac (3,154 SF)
Zoning code
MOCD*
APN
8516-016-025
UPID
US09-9162492
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOCD* · Monrovia, CA
Zoning MOCD* · permitted uses
MOCD* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1911
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Monrovia Myrtle LLC
Entity
Mailing address
8033 W SUNSET BLVDPMB213, LOS ANGELES, CA 90046-2401
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
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
May 13, 2020
—
Monrovia-myrtle LLC
—
Deed
related
$2,000,000 · Miscellaneous Ins Co
Sep 30, 2008
—
Monrovia Myrtle LLC
Monrovia Myrtle LLC
Quit Claim Deed
related
$2,050,000 · Wells Fargo Bank NA
Mar 3, 2005
—
Monrovia Of Myrtle LLC
Fox,gerson I
Grant Deed
—
Mar 11, 2003
—
Gerson I Fox
Fox,gertrude A
Quit Claim Deed
related
$975,000 · Foothill Independent Bank
Jan 11, 2002
—
Gerson I Fox
Blum,david
Grant Deed
related
—
Jan 9, 2002
—
Gerson I Fox
Blum,david
Grant Deed
related
—
Mar 31, 1995
—
David Blum
—
Deed Of Trust
related
$3,723,750 · Fremont Investment & Loan
Oct 14, 1992
—
Blum David
—
Deed Of Trust
related
—
—
—
Monrovia-myrtle LLC
—
Deed Of Trust
related
$2,000,000 · Miscellaneous Ins Co
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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