Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    11706 Ramona Blvd El Monte, CA 91732

    • Office buildings
    • 6,008 SF
    • 0.38 lot acres
    For Lease
    View listing
    $700 /Mo
    Last Sale
    May 16, 2022
    $1,600,016
    Value Estimations
    $1,615,000
    Cap Rate Potential
    8.5%
    Office buildings
    Location Intelligence
    Property ID
    US09-9087797
    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

    • Primo's Ticket / Event Ticket Seller
    • RHN Home Loans and Realty / Real Estate Agency
    • Tax Relief Settlement Firm- El Monte / Tax Consultant
    • Amaigamated Transit Union / Association / Organization

    Property Details for 11706 Ramona Blvd

    Year built
    1959
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    6,008 SF
    Zone code
    EMC2-P*
    Property type
    Office buildings
    APN
    8567-010-026
    APU
    8567010026

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,610,000
      ML approach
      $1,660,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,290,000
      6.5%
      $2,110,000
      7%
      $1,960,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,187,000
      Market price range: $372k - $1.35M

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

    Location Insight

    • Map
    • Local Demand
    City
    El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.019
    Latitude
    34.0741
    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
    $23,977
    $1,144,440
    $520,200
    $1,664,640
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      1,710 SF

      11525 Lambert Ave

      PROFESSIONAL BUILDING • 1,710 SF
      11525 Lambert Ave, El Monte, CA 91732-1842
      View Details
    • Value Estimation
      $330,000
      750 SF

      3353 Gilman Rd

      OFFICE BUILDING • 750 SF
      3353 Gilman Rd, El Monte, CA 91732-3225
      View Details
    • Value Estimation
      $445,000
      7,636 SF

      2648 Durfee Ave

      OFFICE BUILDING • 7,636 SF
      2648 Durfee Ave, El Monte, CA 91732-3497
      View Details
    • Value Estimation
      $305,000
      5,718 SF

      11518 Garvey Ave

      PROFESSIONAL BUILDING • 5,718 SF
      11518 Garvey Ave, El Monte, CA 91732-3306
      View Details
    • Value Estimation
      $420,000
      1,812 SF

      11730 Vly Blvd

      OFFICE BUILDING • 1,812 SF
      11730 Vly Blvd, El Monte, CA 91732-3038
      View Details
    • Value Estimation
      $340,000
      3,254 SF

      12005 Clora Pl

      OFFICE BUILDING • 3,254 SF
      12005 Clora Pl, El Monte, CA 91732-3119
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,600 SF

      El Monte Office Building

      Office building with 2,600 square feet of space.
      4342 Peck Rd, El Monte, CA 91732
      View Details
    • $159,999

      Modern Home in Brookside Community

      Well-maintained 3-bedroom home with community amenities and convenient location.
      12700 Elliott Ave, El Monte, CA 91732
      View Details
    • $150,000

      El Monte Restaurant Opportunity

      Restaurant space for sale on main street in El Monte.
      3948 Peck Rd, El Monte, CA 91732
      View Details
    • $149,900

      Move-In Ready Home in El Monte

      Cozy 3-bedroom, 2-bathroom home with upgrades and community amenities.
      12700 Elliot 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
    • $2,800,000
      31,769 SF

      El Monte Land Redevelopment Opportunity

      Two parcels with buildings, redevelopment potential, and residential zoning.
      11821-11831 Valley Blvd, El Monte, CA 91732
      View Details

    Similar Nearby for Lease

    • $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
    • $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
      1,462 SF

      El Monte Commercial Lease Opportunity

      Freestanding building in high-visibility El Monte location, ideal for retail.
      11418 Garvey Ave, 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
    • $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
    • $4,300 /Mo

      Warehouse Condo in Gated Park

      2004-built warehouse condo with showroom and gated parking.
      12368 Valley Blvd, El Monte, CA 91732
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11706 Ramona Blvd
    El Monte, CA 91732
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.