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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Apartment buildings
11723 Magnolia St El Monte, CA 91732-3331
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6729940
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
5,220 SF
Lot
0.34 ac (14,678 SF)
Zoning code
EMR3*
APN
8105-007-033
UPID
US09-6729940
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
-
adc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.82M
Owner & transaction history
Gregory Robert Schoon · 1 yrs held
Gregory Robert Schoon
since 2025
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
EMR3* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+104.1%
Office building
$1.8M
+57.8%
Auto repair, garage
$1.8M
+51.6%
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 El Monte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Monte 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
$1,750,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,160,000
Current use
MEDICAL BUILDING
$2,375,000
Change: +104% · Conversion: Moderate
OFFICE BUILDING
$1,835,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,760,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,575,000
Change: +35% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,425,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10% · vs last sale $1.83M (Feb 19 2025)
Last sale anchor
$1.83M
Feb 19 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
$348 / 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
$28,039
Tax year 2024
Assessed value
$1,959,530
Assessed 2024
Previous assessed
$1,959,530
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,174,059
Assessed improvement
$785,471
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
Buildings
2
Units
8
Bathrooms
8
Total area
5,220 SF
Lot
0.34 ac (14,678 SF)
Zoning code
EMR3*
APN
8105-007-033
UPID
US09-6729940
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMR3* · El Monte, CA
Zoning EMR3* · permitted uses
EMR3* · El Monte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Monte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
8
Bathrooms
8
Lot
0.34 ac
Current owner
From public records · entity-resolved
Gregory Robert Schoon
Individual
Mailing address
313 E EMERSON AVEB, MONTEREY PARK, CA 91755-1803
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
—
Gregory Robert Schoon
Gregory Robert Schoon
Deed
related
—
Dec 3, 2019
—
Gregory R Schoon
—
Deed
related
$960,000 · Schoon Trust (pt)
Sep 18, 2019
$1,825,000
Gregory Schoon
Chang Amy & Eric F/tr
Grant Deed
—
Nov 21, 2013
$1,220,000
Chang,amy & E Family Trust
Ratnasoma D & A Trust
Grant Deed
—
Dec 14, 2006
—
Ratnasoma D & A Living Trust
Ratnasoma,denzil & Aloma
Quit Claim Deed
related
—
Apr 15, 2005
$1,100,000
Denzil Ratnasoma
Huang,li-ya
Grant Deed
$695,000 · United Commercial Bank
Jun 3, 2004
—
Li-ya Huang
Lin,thomas
Quit Claim Deed
related
—
Jun 2, 2004
$890,000
Li-ya Huang
Chu,albert T & Susanna S
Grant Deed
$578,500 · East West Bank
Apr 20, 2004
—
Albert T Chu
Chu,albert T & Susanna S
Quit Claim Deed
related
—
Feb 24, 2004
$700,000
Albert T Chu
Hohensee,steven D & Xuan H
Grant Deed
$525,000 · Guaranty Bank California
—
—
Steven Hohensee
—
Deed Of Trust
related
$81,000 · Tombaugh William
—
—
Ratnasoma D & A Living Trust
—
Deed Of Trust
related
$620,000 · Bank Of The West
—
—
Steven Hohensee
—
Deed Of Trust
related
$350,000 · Homefed Bank
—
—
Gregory R Schoon
—
Deed Of Trust
related
$960,000 · Schoon Trust (pt)
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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