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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
114 Colorado Blvd Monrovia, CA 91016-2806
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-7332547
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Construction
TILT-UP CONCRETE
Total area
1,512 SF
Lot
0.04 ac (1,611 SF)
Zoning code
MORH*
APN
8516-026-006
UPID
US09-7332547
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
-
CM Solutions Engineering Consultant Building Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Quest Property Partners LLC · 9 yrs held
Quest Property Partners LLC
since 2017
7 recorded transactions
Zoning & alternative use
MORH* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$700,000
+20.7%
Medical building
$685,000
+18.6%
Office building
$680,000
+17.0%
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
$330,000
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
RETAIL STORES
$580,000
Current use
AUTO REPAIR, GARAGE
$700,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$685,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$680,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$465,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$331 / 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
$12,427
Tax year 2024
Assessed value
$933,016
Assessed 2024
Previous assessed
$933,016
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$466,508
Assessed improvement
$466,508
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
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,512 SF
Lot
0.04 ac (1,611 SF)
Zoning code
MORH*
APN
8516-026-006
UPID
US09-7332547
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MORH* · Monrovia, CA
Zoning MORH* · permitted uses
MORH* · 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
RETAIL STORES Current
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$700,000
MEDICAL BUILDING
Est. value
$685,000
OFFICE BUILDING
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$465,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1942
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Quest Property Partners LLC
Entity
Mailing address
114 W COLORADO BLVD, MONROVIA, CA 91016-2806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2017
—
Quest Property Partners LLC
—
Deed
related
$410,000 · City Nat'l Bk
May 10, 2017
—
Quest Property Partners LLC
—
Deed
related
$338,000 · Cdc Small Busn Fin
Apr 28, 2017
$820,000
Quest Property Partners LLC
Mary Jan Roughan
Grant Deed
$410,000 · City National Bank
Dec 23, 2005
$650,000
Mary J Roughan
Pollard,michael S
Grant Deed
$450,000 · Bank Of America
Jan 5, 2001
$12,000
Michael S Pollard
Chou,david Y
Grant Deed
—
Jan 4, 2001
—
Michael S Pollard
Pollard,a
Quit Claim Deed
related
—
Sep 11, 1998
$160,000
Michael S Pollard
West San Gabriel Valley Assoc
Grant Deed
$136,000 · Seller
May 9, 1996
$45,000
San Gabriel Valley Assoc West
Monrovia Board Of Realtors INC
Grant Deed
—
—
—
Michael S Pollard
—
Deed Of Trust
related
$247,500 · First Centennial Bank
—
—
Michael S Pollard
—
Deed Of Trust
related
$47,000 · Granite State Bank
—
—
Quest Property Partners LLC
—
Deed Of Trust
related
$338,000 · Cdc Small Busn Fin
—
—
Quest Property Partners LLC
—
Deed Of Trust
related
$410,000 · City Nat'l Bk
—
—
Micahel S Pollard
—
Deed Of Trust
related
$190,000 · Southland Business Bank
—
—
Monrovia Duarte Assn Realtors
—
Deed Of Trust
related
$50,000 · Smith Trust
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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