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Property profile & analytics
OFF-MARKET
Estimated value
$13,280,000
Retail properties & Spaces
1345 Montebello Blvd Montebello, CA 90640-2585
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6973169
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1993
Construction
TILT-UP CONCRETE
Total area
137,688 SF
Lot
8.72 ac (380,014 SF)
Zoning code
MNRA0*
APN
5293-001-023
UPID
US09-6973169
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
-
Klimt Immersion Museum
-
Hotels Hotel & Motel
-
Monet: The Immersive Experience Los Angeles Exhibit
-
Costco Optical Ophthalmologist (Bike/Boat/Book/etc) Store
-
Simon Juice Bar Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.45M
Blend (final)
Blend
$13.28M
Owner & transaction history
M&m At Montebello LLC · 5 yrs held
M&m At Montebello LLC
since 2020
Last sale
$14.3M
4 recorded transactions
Zoning & alternative use
MNRA0* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Montebello submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montebello 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
$15,335,000
ML approach
$11,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.28M
Range $11.95M – $14.61M · ±10% · vs last sale $14.30M (Oct 28 2020)
Last sale anchor
$14.30M
Oct 28 2020
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
$96 / 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
$212,595
Tax year 2024
Assessed value
$15,069,153
Assessed 2024
Previous assessed
$15,069,153
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$14,856,912
Assessed improvement
$212,241
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
137,688 SF
Lot
8.72 ac (380,014 SF)
Zoning code
MNRA0*
APN
5293-001-023
UPID
US09-6973169
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNRA0* · Montebello, CA
Zoning MNRA0* · permitted uses
MNRA0* · Montebello, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montebello. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
8.72 ac
Current owner
From public records · entity-resolved
M&m At Montebello LLC
Entity
Mailing address
1260 STELTON RD, PISCATAWAY, NJ 08854-5282
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
$14,300,000
M&m At Montebello LLC
Costco Wholesale Corporation
Grant Deed
$15,000,000 · Customers Bank
Jun 4, 2019
$5,680,000
Costco Wholesale Corp
City Of Montebello
Grant Deed
—
May 1, 1993
—
The Price Co
—
Deed Of Trust
related
—
Jan 28, 1993
—
The Price Co
—
Deed Of Trust
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.
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