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Property profile & analytics
OFF-MARKET
Estimated value
$13,505,000
Investment properties
1110 5th Ave Monrovia, CA 91016-3855
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6253029
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2017
Construction
WOOD
Total area
54,465 SF
Lot
0.79 ac (34,509 SF)
Zoning code
MORPD*
APN
8507-008-091
UPID
US09-6253029
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
-
Areum Real Estate Agency
-
Class Helpline Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.97M
Comparable Approach
Comparable
$8.46M
Blend (final)
Blend
$13.51M
Owner & transaction history
Lincoln Monrovia LLC · 12 yrs held
Lincoln Monrovia LLC
since 2013
7 recorded transactions
Zoning & alternative use
MORPD* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$20.9M
+24.0%
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%
$18,380,000
6.5%
$16,970,000
7%
$15,755,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,830,000
Current use
RETAIL STORES
$20,875,000
Change: +24% · Conversion: Easy
INDUSTRIAL (GENERAL)
$16,335,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$13.51M
Range $12.15M – $14.86M · ±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
$248 / 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
$315,985
Tax year 2024
Assessed value
$24,231,766
Assessed 2024
Previous assessed
$24,231,766
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$4,932,129
Assessed improvement
$19,299,637
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Units
46
Rooms
11
Bathrooms
99
Total area
54,465 SF
Lot
0.79 ac (34,509 SF)
Zoning code
MORPD*
APN
8507-008-091
UPID
US09-6253029
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MORPD* · Monrovia, CA
Zoning MORPD* · permitted uses
MORPD* · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$16.8M
RETAIL STORES
Est. value
$20.9M
INDUSTRIAL (GENERAL)
Est. value
$16.3M
COMMERCIAL (GENERAL) Current
RETAIL STORES
INDUSTRIAL (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
2017
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
46
Rooms
11
Bathrooms
99
Lot
0.79 ac
Current owner
From public records · entity-resolved
Lincoln Monrovia LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2828 ROUTH ST STE #800, DALLAS, TX 75201-1326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2019
—
Monrovia Apartment Epf I LLC
—
Grant Deed
related
$40,000,000 · Usaa Life Ins Co
Jan 12, 2016
—
Lincoln Monrovia LLC
—
Trustees Deed
related
$34,750,000 · City Nat'l Bk
Aug 9, 2013
$13,100,000
Lincoln Monrovia LLC
Monrovia Stor All LLC INC
Grant Deed
related
—
Jul 28, 2004
—
Pelikian,tr
Lind,tr
Grant Deed
related
—
Oct 28, 1992
—
Lind Harvey
—
Deed Of Trust
related
—
May 31, 1988
$525,000
Harvey J Lind
Amer
Trustees Deed
related
$1,055,842 · Rodine Companies
Jan 29, 1988
—
Rodine Companies
Rodin
Quit Claim Deed
related
$735,000 · San Clemente Savings & Loan
—
—
Lind
—
Deed Of Trust
related
$900,000 · California Federal 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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