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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Investment properties
1409 Olympic Blvd Montebello, CA 90640-5011
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6277278
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1947
Construction
WOOD
Total area
3,197 SF
Lot
0.12 ac (5,290 SF)
Zoning code
MNC2*
APN
6350-013-004
UPID
US09-6277278
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
-
Skate Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
$995k
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$900k
Owner & transaction history
Ho Danny JR · 4 yrs held
Ho Danny JR
since 2022
Last sale
$900,009
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+70.4%
Medical building
$1.5M
+67.4%
Warehouse, storage
$940,000
+8.2%
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
$915,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$870,000
Current use
AUTO REPAIR, GARAGE
$1,480,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$1,455,000
Change: +67% · Conversion: Easy
WAREHOUSE, STORAGE
$940,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$920,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$840,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Apr 28 2022)
Last sale anchor
$900k
Apr 28 2022
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
$282 / 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
$13,606
Tax year 2024
Assessed value
$936,360
Assessed 2024
Previous assessed
$936,360
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$520,200
Assessed improvement
$416,160
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
3,197 SF
Lot
0.12 ac (5,290 SF)
Zoning code
MNC2*
APN
6350-013-004
UPID
US09-6277278
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CA
Zoning MNC2* · permitted uses
MNC2* · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$940,000
RETAIL STORES
Est. value
$920,000
OFFICE BUILDING
Est. value
$840,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
OFFICE BUILDING
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
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Ho Danny JR
Individual
Mailing address
2761 FRUITLAND AVE, VERNON, CA 90058-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Aug 2, 2024
—
Ho Danny JR
—
Deed
related
$510,000 · Commonwealth Business Bank
Apr 28, 2022
$900,000
Ho Danny JR
24584 Acadia LLC
Grant Deed
$10,000 · Kim Young
Apr 28, 2022
—
Ho Danny JR
Sujin Sim
Intrafamily Transfer
related
—
Sep 23, 2019
—
24584 Acadia LLC
—
Deed
related
$700,000 · Us Metro Bk
Jan 3, 2019
$660,000
24584 Acadia LLC
Alvarez,pedro & Maria L
Grant Deed
—
Jan 3, 2019
—
Guadalupe Gomez
Gomez,jose A
Affidavit Of Death
related
—
Sep 30, 2004
—
Pedro Alvaez
Alvarez Trust
Quit Claim Deed
related
—
Jan 6, 1998
—
Alvarez,pedro & Maria L Trustees
Alvarez,p
Quit Claim Deed
related
—
—
—
24584 Acadia LLC
—
Deed Of Trust
related
$700,000 · Us Metro Bk
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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