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Property profile & analytics
OFF-MARKET
Estimated value
$6,935,000
Office buildings
1711 Mtn Ave, Monrovia, CA 91016-4256
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9289239
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
TILT-UP CONCRETE
Total area
23,654 SF
Lot
1.83 ac (79,736 SF)
Zoning code
MOM*
APN
8513-012-062
UPID
US09-9289239
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
-
California Business Bureau Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.11M
CAP Approach
CAP
$8.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.94M
Owner & transaction history
Sushil Capital LLC · 5 yrs held
Sushil Capital LLC
since 2021
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.9M
+3.1%
Medical building
$10.8M
+1.4%
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
$7,025,000
ML approach
$7,110,000
CAP Approach
CAP Return
Estimation
6%
$9,190,000
6.5%
$8,485,000
7%
$7,880,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,610,000
Current use
AUTO REPAIR, GARAGE
$10,940,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$10,755,000
Change: +1% · Conversion: Easy
RETAIL STORES
$9,065,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$6.94M
Range $6.24M – $7.63M · ±10% · vs last sale $6.80M (Mar 12 2021)
Last sale anchor
$6.80M
Mar 12 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
$293 / 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
$102,252
Tax year 2024
Assessed value
$7,216,214
Assessed 2024
Previous assessed
$7,216,214
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$5,836,644
Assessed improvement
$1,379,570
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
23,654 SF
Lot
1.83 ac (79,736 SF)
Zoning code
MOM*
APN
8513-012-062
UPID
US09-9289239
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.6M
AUTO REPAIR, GARAGE
Est. value
$10.9M
MEDICAL BUILDING
Est. value
$10.8M
RETAIL STORES
Est. value
$9.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1956
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
1.83 ac
Current owner
From public records · entity-resolved
Sushil Capital LLC
Entity
Mailing address
1050 W BALL RD, ANAHEIM, CA 92802-1804
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2021
—
Sushil Capital LLC
—
Deed
related
$2,150,000 · East West Bank
Mar 12, 2021
$6,800,000
Sushil Capital LLC
Michael Sigal
Grant Deed
$1,300,000 · East West Bank
Aug 5, 2019
—
Michael Sigal
—
Deed
related
$600,000 · Pacific Western National Bank
Oct 13, 2016
—
Michael Sigal
—
Deed
related
$4,100,000 · Pacific Western National Bank
Nov 21, 2013
—
Metro Gold Line Foothill Exten
Sigal,michael
Grant Deed
—
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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