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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11628 Ramona Blvd El Monte, CA 91732-2308

    • Auto shops
    • 1,288 SF
    • 0.16 lot acres
    OFF-MARKET
    Last Sale
    Dec 21, 2023
    $550,000
    Value Estimations
    $560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0350667
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sunshine Hand Car Wash Inc / Car Wash
    • ATM / Atm
    • Excellent Carwash & Auto Detail / Car Wash

    Property Details for 11628 Ramona Blvd

    Year built
    1947
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    1,288 SF
    Zone code
    EMC3*
    Property type
    Auto shops
    APN
    8567-011-013
    APU
    8567011013

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $565,000
      ML approach
      $575,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $448,000
      Market price range: $237k - $714k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $435,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $785,000
      Change: +80% Conversion: Difficult
      MEDICAL BUILDING
      $585,000
      Change: +35% Conversion: Difficult
      OFFICE BUILDING
      $455,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $390,000
      Change: -11% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.021
    Latitude
    34.074
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,344
    $176,637
    $110,814
    $287,451
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      4375 Peck Rd

      AUTO REPAIR, GARAGE • 1,056 SF
      4375 Peck Rd, El Monte, CA 91732-1905
      View Details
    • Value Estimation
      $965,000
      5,974 SF

      2528 Durfee Ave

      AUTO REPAIR, GARAGE • 5,974 SF
      2528 Durfee Ave, El Monte, CA 91732-3712
      View Details
    • Value Estimation
      $4,730,000
      23,576 SF

      12233 Vly Blvd

      AUTO REPAIR, GARAGE • 23,576 SF
      12233 Vly Blvd, El Monte, CA 91732-3133
      View Details
    • Value Estimation
      $690,000
      4,460 SF

      4137 Peck Rd

      AUTO REPAIR, GARAGE • 4,460 SF
      4137 Peck Rd, El Monte, CA 91732-2249
      View Details
    • Value Estimation by Request
      1,543 SF

      12316 Ramona Blvd

      AUTO REPAIR, GARAGE • 1,543 SF
      12316 Ramona Blvd, El Monte, CA 91732-2540
      View Details
    • Value Estimation by Request
      2,375 SF

      12300 Ramona Blvd

      AUTO REPAIR, GARAGE • 2,375 SF
      12300 Ramona Blvd, El Monte, CA 91732-2540
      View Details

    Similar Nearby for Sale

    • $450,000

      Established Auto Shop in El Monte

      Operating auto body shop with equipment included, El Monte, CA.
      12227 Valley Blvd, El Monte, CA 91732
      View Details
    • $3,240,000
      1,170 SF

      Apollo Auto Shop NNN Lease

      El Monte, CA: Net lease auto shop investment.
      11400 Garvey Ave, El Monte, CA 91732
      View Details
    • $1,499,999

      Prime Corner Lot Opportunity

      Corner lot with parking, tenant occupied, auto related permitted use.
      12315 Dahlia Ave, El Monte, CA 91732
      View Details
    • Contact for pricing
      22,510 SF

      El Monte Land For Sale

      22,510 SF land, currently Apollo Auto, NNN lease.
      11400 Garvey Ave, El Monte, CA 91732
      View Details
    • $225,000

      Established Beer Bar in El Monte

      Thriving beer bar with loyal clientele and ample parking.
      12236 Valley Blvd, El Monte, CA 91732
      View Details
    • $1,100,000
      2,168 SF

      El Monte Duplex with Garages

      Spacious duplex in El Monte with private garages and patios.
      4104 Elrovia Ave, El Monte, CA 91732
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      29,353 SF

      Peck Hacienda Plaza Retail Space

      Prime El Monte retail space for lease. Multiple suites available.
      4766-4794 Peck Rd, El Monte, CA 91732
      View Details
    • $2,500 /Mo

      Versatile Commercial Space on Main

      Office/retail space with high visibility and easy freeway access.
      3023 Durfee Ave, El Monte, CA 91732
      View Details
    • Contact for pricing

      Free-Standing Building in High-Visibility Location

      Versatile 1,462 SF space ideal for retail or office.
      11418 Garvey Ave, El Monte, CA 91732
      View Details
    • $2,500 /Mo
      1,462 SF

      El Monte Commercial Lease Opportunity

      Freestanding building in high-visibility location, ideal for retail or office.
      11418 Garvey Ave, El Monte, CA 91732
      View Details
    • $4,800 /Mo
      2,000 SF

      El Monte Retail/Office Space

      Corner unit suitable for restaurant, retail, or office use.
      11306 Lower Azusa Rd, El Monte, CA 91732
      View Details
    • $700 /Mo
      6,008 SF

      El Monte Office For Lease

      Office space available for lease in El Monte, California.
      11706 Ramona Blvd, El Monte, CA 91732
      View Details
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    El Monte, CA 91732-2308
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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