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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Apartment buildings
15917 Georgia Ave Paramount, CA 90723-5103
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0076863
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Construction
WOOD
Total area
3,318 SF
Lot
0.17 ac (7,500 SF)
Zoning code
PACM*
APN
7103-004-019
UPID
US10-0076863
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
$980k
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$905k
Owner & transaction history
Mario J Montenegro · 6 yrs held
Mario J Montenegro
since 2020
Last sale
$900,009
7 recorded transactions
Zoning & alternative use
PACM* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+106.5%
Office building
$1.5M
+103.8%
Retail stores
$1.3M
+74.1%
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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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
$980,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$765,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$730,000
Current use
MEDICAL BUILDING
$1,510,000
Change: +107% · Conversion: Moderate
OFFICE BUILDING
$1,490,000
Change: +104% · Conversion: Moderate
RETAIL STORES
$1,270,000
Change: +74% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,025,000
Change: +40% · Conversion: Moderate
WAREHOUSE, STORAGE
$855,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $900k (Jun 4 2020)
Last sale anchor
$900k
Jun 4 2020
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
$273 / 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
$13,508
Tax year 2024
Assessed value
$965,337
Assessed 2024
Previous assessed
$965,337
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$530,738
Assessed improvement
$434,599
Applied tax rate
7.0000
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
Year built
1955
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
5
Bathrooms
5
Total area
3,318 SF
Lot
0.17 ac (7,500 SF)
Zoning code
PACM*
APN
7103-004-019
UPID
US10-0076863
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PACM* · Paramount, CA
Zoning PACM* · permitted uses
PACM* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1955
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
5
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mario J Montenegro
Individual
Free & Clear · 6 yrs held
Mailing address
14725 GARFIELD AVE, PARAMOUNT, CA 90723-3412
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jun 4, 2020
—
Mario J Montenegro
Maria Montenegro
Quit Claim Deed
related
—
Jun 4, 2020
$900,000
Mario J Montenegro
Vasquez Vietor
Grant Deed
—
Dec 30, 2004
$660,000
Victor Vazquez
Winston 1992 Family Trust
Grant Deed
$470,000 · United Commercial Bank
Dec 30, 2004
—
Victor Vazquez
Lopez,clara
Grant Deed
related
—
Nov 4, 2004
—
Winston 1992 Family Trust
Olivas Family Trust
Grant Deed
related
—
Sep 22, 2004
—
Olivas Family Trust
Olivas,philip G & Virginia M
Quit Claim Deed
related
—
Sep 21, 2004
$460,000
Philip G Olivas
Winston 1992 Family Trust
Grant Deed
$368,000 · Mission Hills Mortgage Bankers
Sep 21, 2004
—
Norman Winston
Winston,glin
Affidavit Of Death
related
—
Dec 18, 1992
—
Winston Glin
—
Deed Of Trust
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.
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