Individually Owned 
For Sale
1 / 30
$1,000,000
1540 W Olympic Blvd, Montebello, CA 90640
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Property summary
AI-generated overview
The property is a commercial site in Montebello configured for automotive and related uses, consisting of a large garage/work area plus a separate 3,000-square-foot office building that was previously used as part of an auto body shop operation. The office and work areas include 3 bathrooms and 2 offices, supporting a combined work-space and administrative layout. Site improvements reported include newer electrical panels and roof replacements in some covered areas. The building is located along a prominent commercial corridor between Garfield Ave and Montebello Blvd and is positioned for street visibility. A side alley provides access for drop-off or delivery, which can support parts and customer-facing operations. The property is described as zoned Light Industrial and is workable for a range of automotive and related activities such as auto repair/service, car parts, vehicle-related installation such as stereo/alarms, tires, upholstery, and light storage connected to delivery or service workflows.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1944
Construction
TILT-UP CONCRETE
Total area
3,260 SF
Lot
0.23 ac (10,177 SF)
Zoning code
MNC2*
APN
6337-002-010
UPID
US09-6277290
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
-
Auto Repair Shop
-
Carpet Cleaning Service Water Damage Restoration Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
since 2023
Last sale
$870,000
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Top alternative use upside
Warehouse, storage
$960,000
+8.3%
Retail stores
$940,000
+6.1%
Commercial (general)
$885,000
+0.1%
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.
Full NOI build-up · 6 steps
All 16 comparables with addresses
5 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
$735k
Value range
$662k – $809k
±10% around blend
Estimated value / SF
$225 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$662k
blend $735k
$809k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,260 SF
Lot area
0.23 ac
Year built
1944
Stories
1
APN
6337-002-010
Zoning
MNC2*
Assessed value
$218,616
Annual tax
$3,746
3
Income approach: direct capitalization
Partial preview
Income approach indication
$585k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$635k
@ 6.5% CAP return
$585k
@ 7% CAP return
$545k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$3,746
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.59M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.2 mi away · 3,646 SF
4.3 mi away · 2,779 SF
5.0 mi away · 4,204 SF
5.1 mi away · 4,120 SF
5.5 mi away · 3,150 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$735k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$271
-17%
Submarket 21 sales
$271
-17%
County 3630 sales
$272
-17%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $225/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+8%
vs current-use indication
Retail Stores
Commercial (general)
Industrial (general) · current use
Office Building
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
Market benchmark
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 · 16 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
5.20%
Selected cap rate for this manufacturing properties
Derived from the Montebello market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.20%
9.0%
NOI (est.)
$66k *
Last sale · Mar 2023
$870k
* 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$1.28M
Move the market yield to see immediate price impact.
Value / SF
$392
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
4.70%5.20%5.70%
$60k
$1.27M
$1.15M
$1.05M
$66k
$1.41M
$1.28M
$1.16M
$73k
$1.55M
$1.40M
$1.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$825k
0.5 mi · Feb 2026 · $207/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,746
Tax year 2024
Assessed value
$218,616
Assessed 2024
Previous assessed
$218,616
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$115,166
Assessed improvement
$103,450
Applied tax rate
6.0000
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
For Sale
Year built
1944
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,260 SF
Lot
0.23 ac (10,177 SF)
Zoning code
MNC2*
APN
6337-002-010
UPID
US09-6277290
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CAZoning MNC2* · permitted uses
MNC2* · Montebello, 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
1944
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MNC2*
Jurisdiction
Montebello, CA
Recorded code
MNC2*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MNC2* in Montebello, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
One complete report on every paid plan · 30 · 300 reports per month.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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