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Property profile & analytics
OFF-MARKET
Estimated value
$3,220,000
Retail space
116 Whittier Blvd Montebello, CA 90640-5309
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6359063
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
TILT-UP CONCRETE
Total area
7,260 SF
Lot
0.67 ac (29,201 SF)
Zoning code
MNC2*
APN
6347-012-012
UPID
US09-6359063
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
-
VIVEnow Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.25M
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$3.22M
Owner & transaction history
Mike George Anz · 4 yrs held
Mike George Anz
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+126.2%
Neighborhood: shopping center
$4.4M
+111.4%
Auto repair, garage
$3.4M
+60.6%
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 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
$3,325,000
ML approach
$3,250,000
CAP Approach
CAP Return
Estimation
6%
$2,675,000
6.5%
$2,470,000
7%
$2,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,090,000
Current use
RESTAURANT
$4,730,000
Change: +126% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,420,000
Change: +111% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,360,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$3,300,000
Change: +58% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,135,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,970,000
Change: -6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,970,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$3.22M
Range $2.90M – $3.54M · ±10% · vs last sale $3.15M (Dec 30 2021)
Last sale anchor
$3.15M
Dec 30 2021
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
$444 / 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
$21,111
Tax year 2024
Assessed value
$1,411,822
Assessed 2024
Previous assessed
$1,411,822
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$1,008,147
Assessed improvement
$403,675
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,260 SF
Lot
0.67 ac (29,201 SF)
Zoning code
MNC2*
APN
6347-012-012
UPID
US09-6359063
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CA
Zoning MNC2* · permitted uses
MNC2* · 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
RETAIL STORES Current
Est. value
$2.1M
RESTAURANT
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Mike George Anz
Individual
Mailing address
11865 PORTER VLY DR, PORTER RANCH, CA 91326-1417
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
—
Mike George Anz
Team Kira LLC
Quit Claim Deed
related
—
Dec 30, 2021
$3,150,000
Topanga Canyon Partners LLC
Mike George Anz
Grant Deed
—
Jul 10, 2017
—
Team Kira LLC
—
Deed
related
$800,000 · New Omni Bk NA
Jan 7, 2016
—
Team Kira
Anz,michael G
Quit Claim Deed
related
—
Jun 29, 2012
—
Michael G Anz
Anz,maritoni A
Quit Claim Deed
related
—
Jun 29, 2012
$1,040,000
Michael G Anz
Sunrise Financial LLC
Grant Deed
$640,000 · New Omni Bank
Sep 14, 2011
$265,000
Sunrise Financial LLC
Citivest Finl Svcs INC
Trustees Deed
related
—
Dec 16, 2010
—
Anna T Yanik
Lankershime Vanowen Properties
Quit Claim Deed
related
—
Aug 16, 2010
$100,000
Sunrise Financial LLC
Lantern Financial Corp
Trustees Deed
related
—
Jul 27, 2010
—
Y Anna Topuzoglis
J & D Properties LLC
Quit Claim Deed
related
—
May 13, 2010
—
Lankarshim Props
Auto Market & Financing LLC
Quit Claim Deed
related
—
Mar 16, 2010
—
Auto Market Financing LLC
Topuzoglu,anna
Quit Claim Deed
related
—
Aug 16, 2005
—
Saeed Ebrahimpour
Ebrahimpour,jacklin
Quit Claim Deed
related
$360,000 · Pacific Premier Bank
May 13, 2004
$750,000
Anna Topuzoglu
Patel,mahendrakumar & Mandakini
Grant Deed
$500,000 · Jlc Investments INC
Jun 28, 1991
$445,000
Yogesh M Himansu
Patel,karsanbhi
Grant Deed
—
—
—
Anna Topuzoglu
—
Deed Of Trust
related
$165,000 · Lantern Financial Corp
—
—
Team Kira LLC
—
Deed Of Trust
related
$800,000 · New Omni Bk NA
—
—
Sunrise Financial LLC
—
Deed Of Trust
related
$450,000 · Atlas Solutions INC
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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