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Property profile & analytics
FOR LEASE
Manufacturing properties
122 W Pomona Ave Monrovia, CA 91016
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9165935
For Lease
$520,000
122 W Pomona Ave, Monrovia, CA 91016
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Construction
TILT-UP CONCRETE
Total area
1,655 SF
Lot
2.98 ac (129,685 SF)
Zoning code
MOM*
APN
8507-003-072
UPID
US09-9165935
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
-
T-Comm corp Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$520k
Owner & transaction history
122 W Pomona Ave LLC · 4 yrs held
122 W Pomona Ave LLC
since 2021
Last sale
$525,005
5 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$765,000
+54.2%
Medical building
$750,000
+51.6%
Office building
$740,000
+49.5%
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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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
$510,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$495,000
Current use
AUTO REPAIR, GARAGE
$765,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$750,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$740,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$510,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$485,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $525k (Sep 24 2021)
Last sale anchor
$525k
Sep 24 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
$314 / 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
$7,615
Tax year 2024
Assessed value
$546,210
Assessed 2024
Previous assessed
$546,210
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$208,080
Assessed improvement
$338,130
Applied tax rate
13.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
1,655 SF
Lot
2.98 ac (129,685 SF)
Zoning code
MOM*
APN
8507-003-072
UPID
US09-9165935
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CA
Zoning MOM* · permitted uses
MOM* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$765,000
MEDICAL BUILDING
Est. value
$750,000
OFFICE BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$485,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
2.98 ac
Current owner
From public records · entity-resolved
122 W Pomona Ave LLC
Entity
Mailing address
316 W FOOTHILL BLVD, MONROVIA, CA 91016-2149
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2021
$525,000
122 W Pomona Ave LLC
Richard L Rosiello
Grant Deed
$367,500 · Banner Bank
Dec 30, 2020
—
Rosiello,r & K 2011 Liv Trust
Richard L Rosiello
Quit Claim Deed
related
—
Jul 15, 2020
—
Richard L Rosiello
Rosiello R S & M L/tr
Quit Claim Deed
related
—
May 14, 2020
—
Rosiello,r S & M Living Trust
Marilou Rosiello
Affidavit Of Death
—
Mar 30, 2000
—
Rosiello Raymond S
Rosiello,r S
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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