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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Apartment buildings
116 Poplar Ave Montebello, CA 90640-4862
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6913207
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
22,538 SF
Lot
0.75 ac (32,629 SF)
Zoning code
MNR3*
APN
6347-012-008
UPID
US09-6913207
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
$4.94M
CAP Approach
CAP
$5.58M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$5.05M
Owner & transaction history
Standard Insurance Company · 1 yrs held
Standard Insurance Company
since 2025
Last sale
$5.2M
6 recorded transactions
Zoning & alternative use
MNR3* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.6M
+22.5%
Retail stores
$6.5M
+20.0%
Commercial (general)
$6.1M
+13.2%
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 Montebello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montebello 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
$4,935,000
ML approach
$4,940,000
CAP Approach
CAP Return
Estimation
6%
$6,045,000
6.5%
$5,580,000
7%
$5,180,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$5,410,000
Current use
WAREHOUSE, STORAGE
$6,620,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$6,490,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,120,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±10% · vs last sale $5.15M (Apr 11 2025)
Last sale anchor
$5.15M
Apr 11 2025
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
$224 / 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
$17,572
Tax year 2024
Assessed value
$864,582
Assessed 2024
Previous assessed
$864,582
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$103,322
Assessed improvement
$761,260
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
YES
Units
27
Bathrooms
29
Total area
22,538 SF
Lot
0.75 ac (32,629 SF)
Zoning code
MNR3*
APN
6347-012-008
UPID
US09-6913207
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNR3* · Montebello, CA
Zoning MNR3* · permitted uses
MNR3* · Montebello, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montebello. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$6.6M
RETAIL STORES
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
27
Bathrooms
29
Lot
0.75 ac
Current owner
From public records · entity-resolved
Standard Insurance Company
Entity
Mailing address
1520 WASHINGTON BLVD STE #100, MONTEBELLO, CA 90640-5449
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
$5,150,000
Standard Insurance Company
Magna & Magna INC
Deed
$5,150,000 · Standard Insurance Co
Jan 17, 2023
—
Magna & Magna INC
140 Whittier Boulevard LLC
Quit Claim Deed
related
—
Jul 25, 2022
—
Magna & Magna INC
—
Deed
related
$3,500,000 · Bay Commercial Bank
Jun 12, 2020
—
Magna & Magna INC
—
Deed
related
$2,000,000 · Keypoint Cu
Oct 18, 1999
—
Magna
Magna Enterprises,
Quit Claim Deed
related
—
—
—
Magna & Magna INC
—
Deed Of Trust
related
$2,000,000 · Keypoint Cu
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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