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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Banks
109 Colorado Blvd, Monrovia, CA 91016
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9235517
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1958
Construction
TILT-UP CONCRETE
Total area
2,016 SF
Lot
0.27 ac (11,962 SF)
Zoning code
MOCD-PD*
APN
8516-022-036
UPID
US09-9235517
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
-
Ready Headset Go Inc Electronics Wholesaler
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.16M
Owner & transaction history
Jagatara Properties LP · 3 yrs held
Jagatara Properties LP
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
MOCD-PD* · 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
$2,950,000
ML approach
$2,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $3.35M (Nov 18 2022)
Last sale anchor
$3.35M
Nov 18 2022
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
$1,567 / 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
$23,021
Tax year 2024
Assessed value
$1,739,100
Assessed 2024
Previous assessed
$1,739,100
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,463,700
Assessed improvement
$275,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,016 SF
Lot
0.27 ac (11,962 SF)
Zoning code
MOCD-PD*
APN
8516-022-036
UPID
US09-9235517
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOCD-PD* · Monrovia, CA
Zoning MOCD-PD* · permitted uses
MOCD-PD* · 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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Jagatara Properties LP
Entity
Free & Clear · 3 yrs held
Mailing address
853 MSN ST, SOUTH PASADENA, CA 91030-3141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$3,350,000
Jagatara Properties LP
David Lipsky
Grant Deed
—
Feb 25, 2020
—
David Lipsky
—
Deed
related
$350,000 · Pacific City Bank
May 14, 2019
$3,000,000
David Lipsky
Kuparisia Soris
Grant Deed
$2,083,000 · Pacific City Bank
Nov 4, 2003
$1,350,000
Kuparisia Soris
Kypreos,tr
Grant Deed
$1,665,000 · Sun Country Bank
Feb 20, 2001
—
Kypreos James G
Kypreos,j G & M A
Quit Claim Deed
related
—
Feb 1, 2001
—
James G Kypreos
—
Deed Of Trust
related
$1,295,000 · Sun Country Bank
Jun 20, 1994
$437,500
James G Kypreos
Bank Of America
Grant Deed
$393,750 · Foothill Independent Bank
Oct 30, 1992
—
Bank Of America Nt And Sa
—
Deed Of Trust
related
—
Apr 22, 1992
—
Pacific Southwest Realty Co
—
Deed Of Trust
related
—
—
—
James G Kypreos
—
Deed Of Trust
related
$400,000 · Western State Bank
—
—
James G Kypreos
—
Deed Of Trust
related
$400,000 · Sun Country Bank
—
—
James G Kypreos
—
Deed Of Trust
related
$585,000 · Sun Country Bank
—
—
James G Kypreos
—
Deed Of Trust
related
$215,000 · Sun Country Bank
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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