Individually Owned Property summary
AI-generated overview
This exceptional 4,100 square foot industrial warehouse, situated on a 0.14-acre lot (6,240 square feet), presents a remarkable investment opportunity in Monrovia, CA. Located at 138 Pomona Avenue, this property boasts convenient access to major transportation arteries. Its strategic position, just one block south of the 210 freeway near the Myrtle Avenue off-ramp, ensures seamless commutes and efficient logistics. Furthermore, its proximity to the Gold Line station (two blocks away) offers employees and clients convenient public transportation options. The M1 zoning allows for a variety of industrial uses, making it suitable for a wide range of businesses seeking to expand or relocate. The free-standing building provides ample space for operations, complemented by a functional office area. Priced at $1,495,000, this property represents a compelling opportunity to acquire a well-located, versatile industrial space in a thriving market. The generous size and prime location make this an ideal choice for businesses seeking efficient operations and convenient access to transportation networks. Don't miss this chance to secure this exceptional industrial property.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1946
Total area
4,100 SF
Lot
0.14 ac (6,290 SF)
Zoning code
MOM*
APN
8513-010-057
UPID
US09-9391242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Appliance Store Hardware & Home Improvement
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$970k
Owner & transaction history
since 2024
Last sale
$970,000
5 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Top alternative use upside
Retail stores
$1.6M
+27.8%
Commercial (general)
$1.3M
+3.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 68 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$970k
Value range
$873k – $1.07M
±10% around blend
Estimated value / SF
$237 / SF
Confidence
High
68 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$873k
blend $970k
$1.07M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,100 SF
Lot area
0.14 ac
Year built
1946
Stories
1
APN
8513-010-057
Zoning
MOM*
Assessed value
$247,532
Annual tax
$4,163
3
Income approach: direct capitalization
Partial preview
Income approach indication
$735k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$800k
@ 6.5% CAP return
$735k
@ 7% CAP return
$685k
4
Sales comparison
Partial preview
Sales approach indication
$1.48M
Weighted, 20 comps · high confidence
Evidence
68 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 3,280 SF
11.1 mi away · 3,977 SF
11.4 mi away · 4,204 SF
12.9 mi away · 3,646 SF
13.1 mi away · 5,005 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$970k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$300
-21%
Submarket 33 sales
$300
-21%
County 3630 sales
$272
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $237/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+28%
vs current-use indication
Commercial (general)
Industrial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 68 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
4.90%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.90%
9.0%
NOI (est.)
$68k *
Last sale · Jul 2024
$970k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.39M
Move the market yield to see immediate price impact.
Value / SF
$338
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.40%4.90%5.40%
$61k
$1.39M
$1.25M
$1.13M
$68k
$1.54M
$1.39M
$1.26M
$75k
$1.70M
$1.52M
$1.38M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
68 found
High confidence · county-verified
Closest comparable
$1.65M
1.8 mi · Mar 2026 · $469/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,163
Tax year 2024
Assessed value
$247,532
Assessed 2024
Previous assessed
$247,532
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$212,184
Assessed improvement
$35,348
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Total area
4,100 SF
Lot
0.14 ac (6,290 SF)
Zoning code
MOM*
APN
8513-010-057
UPID
US09-9391242
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CAZoning MOM* · permitted uses
MOM* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MOM*
Jurisdiction
Monrovia, CA
Recorded code
MOM*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MOM* in Monrovia, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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