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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Office buildings
11017 Garvey Ave, El Monte, CA 91733-2423
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-9243082
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
TILT-UP CONCRETE
Total area
1,296 SF
Lot
0.27 ac (11,913 SF)
Zoning code
EMC3*
APN
8566-007-001
UPID
US09-9243082
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
$430k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$570k
Owner & transaction history
Lorenzo Gallardo · 13 yrs held
Lorenzo Gallardo
since 2012
6 recorded transactions
Zoning & alternative use
EMC3* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$790,000
+73.2%
Medical building
$590,000
+29.4%
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 El Monte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Monte 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
$430,000
CAP Approach
CAP Return
Estimation
6%
$495,000
6.5%
$455,000
7%
$425,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$455,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$790,000
Change: +73% · Conversion: Difficult
MEDICAL BUILDING
$590,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$435,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$390,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$440 / 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
$13,272
Tax year 2024
Assessed value
$956,224
Assessed 2024
Previous assessed
$956,224
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$874,796
Assessed improvement
$81,428
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
1,296 SF
Lot
0.27 ac (11,913 SF)
Zoning code
EMC3*
APN
8566-007-001
UPID
US09-9243082
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMC3* · El Monte, CA
Zoning EMC3* · permitted uses
EMC3* · El Monte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Monte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$455,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$790,000
MEDICAL BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$390,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Lorenzo Gallardo
Individual
Mailing address
11021 GARVEY AVE, EL MONTE, CA 91733-2423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2012
—
Lorenzo Gallardo
Gallardo,lorenzo
Quit Claim Deed
related
—
Dec 8, 2006
$707,500
Lorenzo Gallardo
Gonzalo Guzman
Grant Deed
$560,000 · Lehman Brothers Bank Fsb
Dec 8, 2006
—
Lorenzo Gallardo
Gallardo,sandra
Quit Claim Deed
related
—
Dec 8, 1995
$315,000
Gonzalo Guzman
Stella Guyer Estate
Grant Deed
$240,000 · Seller
Jul 17, 1993
—
Guyer Estella Decd Est Of And
—
Deed Of Trust
related
—
—
—
Lorenzo Gallardo
—
Deed Of Trust
related
$492,000 · J P Morgan Chase 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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