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Property profile & analytics
FOR SALE
Manufacturing properties
1540 W Olympic Blvd Montebello, CA 90640
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6277290
For Sale
1 / 30
$1,199,000
1540 W Olympic Blvd, Montebello, CA 90640
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
J. Stout Body & Paint Shop Auto Repair Shop
-
L&R Water Mold Fire Restoration Carpet Cleaning Service Water Damage Restoration Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Juan De La Torre · 3 yrs held
Juan De La Torre
since 2023
Last sale
$870,000
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$960,000
+8.3%
Retail stores
$940,000
+6.1%
Commercial (general)
$885,000
+0.1%
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
$735,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Current use
WAREHOUSE, STORAGE
$960,000
Change: +8% · Conversion: Easy
RETAIL STORES
$940,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$885,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $870k (Mar 1 2023)
Last sale anchor
$870k
Mar 1 2023
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
$241 / 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
$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
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
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, 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
INDUSTRIAL (GENERAL) Current
Est. value
$885,000
WAREHOUSE, STORAGE
Est. value
$960,000
RETAIL STORES
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$885,000
OFFICE BUILDING
Est. value
$855,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1944
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Juan De La Torre
Individual
Mailing address
516 N FORBES AVE, MONTEBELLO, CA 90640-3732
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
—
Juan De La Torre
Juan De La Torre
Intrafamily Transfer
related
—
Jun 18, 2019
$870,000
John De La Torre
Lalama,carlos A
Grant Deed
—
May 13, 2019
—
Carlos A Lalama
—
Deed
related
$260,000 · Guevara Living Trust (lt)
May 16, 2018
—
Carlos A Lalama
Lalama,blanca
Quit Claim Deed
related
$130,000 · Mark Hassan
Aug 23, 2012
$6,000
Carlos A Lalama
Parra,bertha
Grant Deed
—
Mar 9, 2006
$280,000
Arnoldo M Para
Meier W W & C J Trust
Grant Deed
—
—
—
Carlos A Lalama
—
Deed Of Trust
related
$260,000 · Guevara Living Trust (lt)
Aug 22, 1961
—
—
—
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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