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Property profile & analytics
FOR LEASE
Industrial properties
1705 S Mountain Ave Monrovia, CA 91016
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9146101
For Lease
1 / 2
$7,940,000
1705 S Mountain Ave, Monrovia, CA 91016
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1952
Construction
TILT-UP CONCRETE
Total area
43,420 SF
Lot
2.89 ac (126,087 SF)
Zoning code
MOM*
APN
8513-012-030
UPID
US09-9146101
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
-
Dynamics Monrovia Auto Repair Shop
-
Knock Out Express Trucking Company
-
R5 Recycling, Inc. Furniture & Home Goods
-
Tko logistic (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.94M
Owner & transaction history
540 Sf Mountain LLC · 5 yrs held
540 Sf Mountain LLC
since 2021
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$7,840,000
ML approach
$7,910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.94M
Range $7.15M – $8.73M · ±10% · vs last sale $8.00M (May 6 2021)
Last sale anchor
$8.00M
May 6 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
$183 / 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
$120,450
Tax year 2024
Assessed value
$8,489,663
Assessed 2024
Previous assessed
$8,489,663
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$6,091,333
Assessed improvement
$2,398,330
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
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
For Lease
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Total area
43,420 SF
Lot
2.89 ac (126,087 SF)
Zoning code
MOM*
APN
8513-012-030
UPID
US09-9146101
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CA
Zoning MOM* · permitted uses
MOM* · 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.
Building & site characteristics
From public records
Year built
1952
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Lot
2.89 ac
Current owner
From public records · entity-resolved
540 Sf Mountain LLC
Entity
Mailing address
7901 CROSSWAY DR, PICO RIVERA, CA 90660-4449
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
—
540 Sf Mountain LLC
—
Deed
related
$6,000,000 · Pacific Western National Bank
May 6, 2021
$8,000,000
540 Sf Mountain LLC
Gary R Grubb
Grant Deed
$5,000,000 · Pacific Western National Bank
Mar 2, 2020
—
Gary,grubb Living Trust
—
Deed
related
—
Jun 16, 2016
—
Grubb,gary 2008 Living Trust
Grubb Gary 2008 Trust
Quit Claim Deed
related
—
Dec 31, 2008
—
Grubb Gary Living Trust
Grubb,gary R
Quit Claim Deed
related
—
—
—
Gary R Grubb
—
Deed Of Trust
related
$2,300,000 · Lone Oak Fund LLC
—
—
Gary R Grubb
—
Deed Of Trust
related
$2,700,000 · Pacific Premier Bank
—
—
Gary R Grubb
—
Deed Of Trust
related
$1,538,000 · First Fidelity Inv & Loan
—
—
Gary R Grubb
—
Deed Of Trust
related
$91,195 · Cynthia D Sailor
—
—
Gary,grubb Living Trust
—
Loan Modification
related
—
—
—
Gary R Grub
—
Deed Of Trust
related
$268,510 · Donald F Lockie
—
—
Gary R Grubb
—
Deed Of Trust
related
$325,000 · Foxmen Properties LLC
—
—
Gary R Grubb
—
Deed Of Trust
related
$200,000 · Second Capital Group LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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