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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Manufacturing properties
11019 Schmidt Rd El Monte, CA 91733-2801
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0346510
Property summary
AI-generated overview
This exceptional investment opportunity presents a vacant, single-story warehouse totaling 1,720 square feet of net rentable space, situated on a 3,920 square foot lot in El Monte, California. Built in 1946 and renovated in 2017, this Class B industrial property boasts a modern aesthetic. The building features a 10-foot ceiling height, a ground-level loading door, and ample parking for six vehicles within a gated area. The property is zoned EMM1, offering versatile usage potential for warehousing, distribution, office space, retail/wholesale, or light manufacturing. Internal improvements include two restrooms and a central HVAC system supplemented by a swamp cooler. Electrical service includes a 200-amp panel with a 240V outlet suitable for EV charging. Its strategic location provides convenient access to the 10, 60, and 605 freeways, enhancing its appeal for businesses requiring efficient transportation links. The asking price for this free-standing warehouse is $750,000, representing a rare owner-user opportunity in North El Monte. The property's address is 11019 Schmidt Rd, El Monte, CA 91733, and its APN is 8105-014-010.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1946
Construction
WOOD
Total area
1,720 SF
Lot
0.09 ac (3,985 SF)
Zoning code
EMM1*
APN
8105-014-010
UPID
US10-0346510
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
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$655k
Owner & transaction history
Xiao Lan Guo Chan · 1 yrs held
Xiao Lan Guo Chan
since 2025
Last sale
$692,000
7 recorded transactions
Zoning & alternative use
EMM1* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+124.4%
Medical building
$780,000
+67.6%
Office building
$605,000
+29.6%
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
$645,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$465,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: +24% · Conversion: Easy
COMMERCIAL (GENERAL)
$520,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$455,000
Change: -2% · Conversion: Moderate
WAREHOUSE, STORAGE
$410,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $692k (Nov 24 2024)
Last sale anchor
$692k
Nov 24 2024
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
$381 / 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
$8,823
Tax year 2024
Assessed value
$624,239
Assessed 2024
Previous assessed
$624,239
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$456,735
Assessed improvement
$167,504
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,720 SF
Lot
0.09 ac (3,985 SF)
Zoning code
EMM1*
APN
8105-014-010
UPID
US10-0346510
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMM1* · El Monte, CA
Zoning EMM1* · permitted uses
EMM1* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$465,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$780,000
OFFICE BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$520,000
RETAIL STORES
Est. value
$455,000
WAREHOUSE, STORAGE
Est. value
$410,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Xiao Lan Guo Chan
Individual
Free & Clear · 1 yrs held
Mailing address
1836 8TH AVE, MONROVIA, CA 91016-4309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
—
Xiao Lan Guo Chan
Gee Chan Young
Deed
related
—
Feb 24, 2025
$692,000
Concord Investment Group LLC
Xiao Lan Guo Chan
Grant Deed
$588,200 · Us Bank NA
Nov 30, 2022
—
Gee Chan Young
Gee Chan Young
Intrafamily Transfer
related
—
Sep 22, 2021
$600,000
Gee Chan Young
Greg Steele
Grant Deed
$510,000 · Us Bank NA
Feb 19, 2021
—
Greg Steele
Greg Steele
Intrafamily Transfer
related
$285,000 · Silver Hill Financial LLC
Sep 27, 2019
$350,000
Greg Steele
Poon J T & C M Trust
Grant Deed
$275,000 · Poon J T & C M Trust (rt)
May 4, 1995
—
Poon,jacob T & Cecilia M Trustee
Poon,j T & C M
Quit Claim Deed
related
—
Dec 9, 1992
$150,000
Jacob T C Poon
Yu,terry T H
Grant Deed
$130,000 · Individual
Jul 3, 1991
$130,000
Terry T Yu
Kumskig,kathrina
Grant Deed
$31,200 · Plaza Savings & Loan
—
—
Poon Jacob T C & C M Y Trust
—
Deed Of Trust
related
$410,000 · First General 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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