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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Investment properties
1601 Whittier Blvd Montebello, CA 90640-4002
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0334694
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Construction
WOOD
Total area
4,774 SF
Lot
0.12 ac (5,399 SF)
Zoning code
MNC2*
APN
6337-004-021
UPID
US10-0334694
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
-
Sofia beauty and barbershop Barber Shop
-
Rubi Beauty Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$1.12M
Owner & transaction history
Raz Investments INC · 3 yrs held
Raz Investments INC
since 2023
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.4M
+8.2%
Retail stores
$1.4M
+6.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,295,000
Current use
WAREHOUSE, STORAGE
$1,405,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$1,375,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$1,255,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
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
$234 / 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
$19,812
Tax year 2024
Assessed value
$1,336,200
Assessed 2024
Previous assessed
$1,336,200
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$571,200
Assessed improvement
$765,000
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
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Units
8
Bathrooms
6
Total area
4,774 SF
Lot
0.12 ac (5,399 SF)
Zoning code
MNC2*
APN
6337-004-021
UPID
US10-0334694
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
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
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
1948
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
8
Bathrooms
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Raz Investments INC
Entity
Mailing address
15931 CHATSWORTH ST, GRANADA HILLS, CA 91344-7129
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2024
—
Raz Investments INC
—
Deed
related
$1,220,000 · Ffb Bank
Mar 21, 2023
—
Raz Investments INC
Hml Investments INC
Grant Deed
—
Mar 13, 2023
$2,200,000
Hml Investments INC
Ricardo Cruz
Grant Deed
$880,000 · Red Dragon Investments
Mar 13, 2023
—
Hml Investments INC Defined Benefit
—
Deed
related
$110,000 · Mirthala Salinas
Jul 21, 2022
—
Ricardo Cruz
Ricardo Cruz
Intrafamily Transfer
related
$1,350,000 · Angeleno Lending LP
Sep 17, 2021
—
Ricardo Cruz
—
Deed
related
$700,000 · Dmc INC
Sep 20, 2019
—
Cruz,ricardo Separate F & Trust
—
Deed
related
$655,000 · Athas Cap
Nov 7, 2011
—
Ricardo Cruz
Cruz,isela
Quit Claim Deed
related
$200,000 · Chinatrust Bank U S A
Oct 27, 2009
—
Cruz Ricardo Family Trust
Cruz,ricardo
Quit Claim Deed
related
—
Oct 9, 2009
—
Ricardo Cruz
Cruz,juan A & Margarita
Quit Claim Deed
related
—
Sep 18, 2009
—
Juan A Cruz
Cruz J & M Family Trust
Quit Claim Deed
related
—
Jun 5, 2007
—
Cruz J & M Family Trust
Cruz,juan A & Margarita
Quit Claim Deed
related
—
—
—
Juan A Cruz
—
Deed Of Trust
related
$75,000 · Budget National Finance Co
—
—
Cruz,ricardo Separate F & Trust
—
Deed Of Trust
related
$655,000 · Athas Cap
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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