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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Manufacturing properties
1703 Magnolia Ave Monrovia, CA 91016-4581
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9305968
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1954
Construction
WOOD
Total area
2,952 SF
Lot
0.39 ac (16,958 SF)
Zoning code
MOPD*
APN
8507-005-160
UPID
US09-9305968
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
-
Comtec Tel Inc Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.20M
Owner & transaction history
Jill Roney Cole · 4 yrs held
Jill Roney Cole
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MOPD* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+102.9%
Auto repair, garage
$1.4M
+54.2%
Medical building
$1.3M
+51.6%
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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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
$1,165,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,795,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,365,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$1,340,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$1,325,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$1,130,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$910,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$865,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.20M (Dec 16 2021)
Last sale anchor
$1.20M
Dec 16 2021
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
$405 / 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
$17,848
Tax year 2024
Assessed value
$1,248,480
Assessed 2024
Previous assessed
$1,248,480
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,217,268
Assessed improvement
$31,212
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
Off-Market
Year built
1954
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,952 SF
Lot
0.39 ac (16,958 SF)
Zoning code
MOPD*
APN
8507-005-160
UPID
US09-9305968
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOPD* · Monrovia, CA
Zoning MOPD* · permitted uses
MOPD* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$885,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$910,000
WAREHOUSE, STORAGE
Est. value
$865,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1954
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Jill Roney Cole
Individual
Free & Clear · 4 yrs held
Mailing address
1250 RAMONA RD, ARCADIA, CA 91006-2350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 16, 2021
$1,200,000
Jill Roney Cole
Gaetano Tony Magno
Grant Deed
—
Dec 16, 2021
—
Natalie Maria Magno Villa
David Arthur Villa
Intrafamily Transfer
related
—
Oct 3, 2013
—
Metro Gold Line Foothill Exten
Magno Theresa Family Trust
Grant Deed
—
Dec 19, 2011
—
Magno,theresa Family Trust
Magno-mendoza,theresa
Quit Claim Deed
related
—
Nov 1, 2011
—
Magno-mendoza,theresa
Magno Philip L Trust
Quit Claim Deed
related
—
Feb 6, 2008
—
Magno,philip L Trust
Magno,philip L
Quit Claim Deed
related
—
Apr 9, 2007
$570,000
Magno,philip L
Gillissie,william J
Grant Deed
$450,000 · William J Gillissie
Apr 9, 2007
—
Gillissie,william J
Gillissie,karen L
Quit Claim 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.
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