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Property profile & analytics
OFF-MARKET
Apartment buildings
137 3rd St Montebello, CA 90640-5356
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-7357294
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Construction
WOOD
Total area
4,040 SF
Lot
0.14 ac (6,246 SF)
Zoning code
MNR3YY
APN
6346-023-012
UPID
US09-7357294
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lola Properties LLC · 5 yrs held
Lola Properties LLC
since 2020
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
MNR3YY · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,599
Tax year 2024
Assessed value
$753,622
Assessed 2024
Previous assessed
$753,622
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$439,613
Assessed improvement
$314,009
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
Construction
WOOD
Heating
NONE
Units
5
Bathrooms
5
Total area
4,040 SF
Lot
0.14 ac (6,246 SF)
Zoning code
MNR3YY
APN
6346-023-012
UPID
US09-7357294
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNR3YY · Montebello, CA
Zoning MNR3YY · permitted uses
MNR3YY · 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
Construction
WOOD
Heating
NONE
Units
5
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lola Properties LLC
Entity
Mailing address
PO BOX 3386, SOUTH PASADENA, CA 91031-6386
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Lola Properties LLC
137 N 3rd Street LLC
Quit Claim Deed
—
May 22, 2015
—
137 N 3rd Street LLC
Lola Properties LLC
Grant Deed
$450,000 · Jpmorgan Chase Bank NA
Aug 17, 2010
$600,000
Lola Properties LLC
Crp Properties INC
Grant Deed
—
Apr 21, 2010
$542,217
Crp Properties INC
California Reconveyance Co
Trustees Deed
related
—
Aug 16, 2006
$175,000
Jorge L Ulloa
Luna,luis M
Grant Deed
$313,753 · Ceballos Family Trust
Mar 2, 2005
—
Luis M Luna
Luna,luis M
Quit Claim Deed
related
—
Sep 18, 2001
$420,000
Luis M Luna
Ceballos,joe A & Mary
Grant Deed
$378,000 · Ceballos Trust
Jul 27, 1989
—
Pac Finl Exchang
Melchor Jose&mar
Trustees Deed
related
—
—
—
Joe Ceballos
—
Deed Of Trust
related
$230,000 · Western Federal Savings & Loan
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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