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

    1305 Beverly Blvd Montebello, CA 90640-4144

    • Office buildings
    • 6,689 SF
    • 0.62 lot acres
    OFF-MARKET
    Last Sale
    Jan 31, 2024
    $3,000,000
    Value Estimations
    $3,000,000
    Show details
    Cap Rate Potential
    5.2%
    Office buildings
    Location Intelligence
    Property ID
    US10-0321959
    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

    • Lotus Blossom Therapy Center / Adult Day Care Center

    Property Details for 1305 Beverly Blvd

    Year built
    1960
    Construction
    TILT-UP CONCRETE
    Lot size
    0.62 lot acres
    Property size
    6,689 SF
    Zone code
    MNC1*
    Property type
    Office buildings
    APN
    6345-001-031
    APU
    6345001031

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,000,000
      ML approach
      $3,000,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,600,000
      6.5%
      $2,400,000
      7%
      $2,230,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,518,000
      Market price range: $869k - $2.52M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $4,355,000
      NEIGHBORHOOD: SHOPPING CENTER
      $4,070,000
      AUTO REPAIR, GARAGE
      $3,095,000
      MEDICAL BUILDING
      $3,040,000
      WAREHOUSE, STORAGE
      $1,965,000
      RETAIL STORES
      $1,925,000
      COMMERCIAL (GENERAL)
      $1,815,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Montebello
    County
    Los Angeles
    State
    California
    Longitude
    -118.112
    Latitude
    34.0181
    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
    $41,511
    $2,076,720
    $823,140
    $2,899,860
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,820,000
      14,607 SF

      420 Montebello Blvd

      OFFICE BUILDING • 14,607 SF
      420 Montebello Blvd, Montebello, CA 90640-4268
      View Details
    • Value Estimation
      $2,470,000
      7,550 SF

      8105 Slauson Ave

      OFFICE BUILDING • 7,550 SF
      8105 Slauson Ave, Montebello, CA 90640-6621
      View Details
    • Value Estimation
      $935,000
      5,190 SF

      2101 Beverly Blvd

      PROFESSIONAL BUILDING • 5,190 SF
      2101 Beverly Blvd, Montebello, CA 90640-3951
      View Details
    • Value Estimation by Request
      1,248 SF

      719 Un St

      OFFICE BUILDING • 1,248 SF
      719 Un St, Montebello, CA 90640-6520
      View Details
    • Value Estimation
      $2,705,000
      8,270 SF

      709 Beverly Blvd

      PROFESSIONAL BUILDING • 8,270 SF
      709 Beverly Blvd, Montebello, CA 90640-3600
      View Details
    • Value Estimation
      $2,260,000
      11,876 SF

      1417 Beverly Blvd

      OFFICE BUILDING • 11,876 SF
      1417 Beverly Blvd, Montebello, CA 90640-4123
      View Details

    Similar Nearby for Sale

    • $2,200,000
      8,350 SF

      Montebello Mixed-Use Investment

      8,350 SF, 6-unit, high-traffic location.
      490 Garfield Ave, Montebello, CA 90640
      View Details
    • $350,000
      440 SF

      Montebello Commercial Property For Sale

      Commercial property in Montebello, ideal for investors or owner-users.
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    • $2,695,000
      9,770 SF

      Montebello Retail Center - High Visibility

      Prime Retail Space, 9,770 SF, 0.31 Acres
      602 Whittier Blvd, Montebello, CA 90640
      View Details
    • $864,600
      3,044 SF

      Montebello Quadruplex on Large Lot

      Four-unit residential income property in Montebello, California, built in 1955.
      424 Bradley Ave, Montebello, CA 90640
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    • $7,950,000

      Walgreens NNN Lease Investment Opportunity

      Single-tenant Walgreens with long-term lease in Montebello, CA.
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      View Details
    • $1,100,000

      Montebello Investment Opportunity

      Three-unit property in a desirable Montebello location.
      2225 W Beverly Blvd, Montebello, CA 90640
      View Details

    Similar Nearby for Lease

    • $1,950 /Mo

      Remodeled Office Suites For Lease

      Luxury office suites with open floor plans and private bathrooms.
      111 S Garfield Ave, Montebello, CA 90640
      View Details
    • Contact for pricing

      Remodeled Office Space in Montebello

      Stand-alone commercial office space with modern amenities and enclosed parking.
      3517 W Beverly Blvd, Montebello, CA 90640
      View Details
    • $1.08 SF/Yr
      13,860 SF

      Montebello Warehouse and Office Space

      Mix of office and warehouse space with freeway access.
      501-507 Washington Blvd, Montebello, CA 90640
      View Details
    • $0.53 SF/Yr
      101,930 SF

      Land with Freeway Visibility

      Land with office building and service facility for lease.
      7433 S Greenwood Ave, Montebello, CA 90640
      View Details
    • $1.40 SF/Yr
      7,500 SF

      7,500 SF Industrial Building

      Industrial building with fenced parking and convenient freeway access.
      1208-1212 S Vail Ave, Montebello, CA 90640
      View Details
    • $1.07 SF/Yr
      44,566 SF

      Freeway Frontage Warehouse in Montebello

      Refurbished warehouse with offices, yard, and freeway frontage.
      7101 Telegraph Rd, Montebello, CA 90640
      View Details
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    Montebello, CA 90640-4144
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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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