Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1601 Monte Vis Ave Claremont, CA 91711-2962

    • Medical offices
    • 50,274 SF
    • 3.77 lot acres
    OFF-MARKET
    Last Sale
    May 12, 2020
    $24,300,243
    Value Estimations
    $22,110,000
    Show details
    Cap Rate Potential
    2.9%
    Medical offices
    Location Intelligence
    Property ID
    US09-9967241
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • P V H M C Claremont / Medical Clinic
    • PVHMC Physical Therapy & Rehabilitation - Claremont / Medical Clinic
    • Ultrazonido Pelvico / Hospital
    • Claremont Design Dentistry / Dental Office
    • Milestones Center For Child Development - Claremont / Medical Clinic

    Property Details for 1601 Monte Vis Ave

    Year built
    2008
    Construction
    TILT-UP CONCRETE
    Lot size
    3.77 lot acres
    Property size
    50,274 SF
    Zone code
    CLI-CH*
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    8307-021-004
    APU
    8307021004

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $15,890,000
      6.5%
      $14,670,000
      7%
      $13,620,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $22,855,000
      Current use
      RESTAURANT
      $32,740,000
      Change: +43% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $30,595,000
      Change: +34% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $23,255,000
      Change: +2% Conversion: Difficult
      OFFICE BUILDING
      $22,550,000
      Change: -1% Conversion: Easy
      RETAIL STORES
      $19,270,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Claremont
    County
    Los Angeles
    State
    California
    Longitude
    -117.699
    Latitude
    34.1122
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $328,801
    $8,845,666
    $17,208,843
    $26,054,509
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      Claremont, CA 91711

      MEDICAL BUILDING • 0.18 Acres
      Claremont, CA 91711
      View Details
    • Value Estimation by Request
      1,276 SF

      202 Foothill Blvd

      MEDICAL BUILDING • 1,276 SF
      202 Foothill Blvd, Claremont, CA 91711-2707
      View Details
    • Value Estimation
      $1,180,000
      4,300 SF

      324 Indian Hl Blvd

      MEDICAL BUILDING • 4,300 SF
      324 Indian Hl Blvd, Claremont, CA 91711-4611
      View Details
    • Value Estimation by Request
      1,404 SF

      130 Harvard Ave

      MEDICAL BUILDING • 1,404 SF
      130 Harvard Ave, Claremont, CA 91711-4716
      View Details
    • Value Estimation
      $1,200,000
      2,588 SF

      433 Arrow Hwy

      MEDICAL BUILDING • 2,588 SF
      433 Arrow Hwy, Claremont, CA 91711-4904
      View Details
    • Value Estimation by Request
      1,152 SF

      350 Bonita Ave

      MEDICAL BUILDING • 1,152 SF
      350 Bonita Ave, Claremont, CA 91711-4729
      View Details

    Similar Nearby for Sale

    • $3,900,000
      9,317 SF

      Claremont Office Building - Prime Location

      Fully Leased, 9,317 SF Office Building
      431 Baseline Rd, Claremont, CA 91711
      View Details
    • Contact for pricing
      3,000 SF

      Claremont Office Building - Great Location

      Spacious Office, Ideal for Professionals
      450 Ave, Claremont, CA 91711
      View Details
    • Contact for pricing
      29,934 SF

      Claremont Village Office Space

      Office space in amenity-rich Claremont Village Square.
      1-201 N Indian Hill Blvd, Claremont, CA 91711
      View Details
    • Contact for pricing
      17,775 SF

      Claremont Office Space For Sale

      Professional office space with frontage on Indian Hill Road.
      678 S Indian Hl Rd, Claremont, CA 91711
      View Details
    • $849,990
      2,217 SF

      New Claremont Home with Office

      Claremont home with office suite, solar panels, and designer upgrades.
      1080 Foothill Blvd, Claremont, CA 91711
      View Details
    • Contact for pricing
      153,231 SF

      Claremont Professional Office Park Location

      Move-in ready office space with prime frontage and abundant parking.
      601 W Foothill Blvd, Claremont, CA 91711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,168 SF

      Claremont Office Space Sublease

      Office space available for sublease through 2027 in Claremont.
      250 W 1St St, Claremont, CA 91711
      View Details
    • Contact for pricing
      2,100 SF

      Claremont Office Space For Lease

      Office space available for lease in Claremont, California.
      101-141 Spring St, Claremont, CA 91711
      View Details
    • Contact for pricing

      Leased Office Building in Claremont

      100% leased office building located in Claremont, California.
      269 W Bonita Ave, Claremont, CA 91711
      View Details
    • $7,278 /Mo
      3,639 SF

      Claremont Commercial Space on Route 66

      Restaurant or retail space available on historic Route 66.
      962 W Foothill Blvd, Claremont, CA 91711
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1601 Monte Vis Ave
    Claremont, CA 91711-2962
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!