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Property profile & analytics
OFF-MARKET
Estimated value
$28,815,000
Warehouses
1719 Chapin Rd Montebello, CA 90640
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7366288
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
82,199 SF
Lot
3.12 ac (135,854 SF)
Zoning code
MNM2*
APN
6354-030-049
UPID
US09-7366288
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$38.71M
Blend (final)
Blend
$28.82M
Owner & transaction history
B9 Chapin Owner LLC · 3 yrs held
B9 Chapin Owner LLC
since 2022
Last sale
$29.3M
3 recorded transactions
Zoning & alternative use
MNM2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$38.0M
+57.4%
Medical building
$37.4M
+54.7%
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
$30,300,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$24,150,000
Current use
AUTO REPAIR, GARAGE
$38,020,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$37,365,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$23,670,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$22,320,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$22,310,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$28.82M
Range $25.93M – $31.70M · ±10% · vs last sale $29.30M (Sep 2 2022)
Last sale anchor
$29.30M
Sep 2 2022
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
$351 / 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
$415,702
Tax year 2024
Assessed value
$29,886,000
Assessed 2024
Previous assessed
$29,886,000
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$24,480,000
Assessed improvement
$5,406,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
3
Total area
82,199 SF
Lot
3.12 ac (135,854 SF)
Zoning code
MNM2*
APN
6354-030-049
UPID
US09-7366288
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNM2* · Montebello, CA
Zoning MNM2* · permitted uses
MNM2* · 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
WAREHOUSE, STORAGE Current
Est. value
$24.2M
AUTO REPAIR, GARAGE
Est. value
$38.0M
MEDICAL BUILDING
Est. value
$37.4M
RETAIL STORES
Est. value
$23.7M
COMMERCIAL (GENERAL)
Est. value
$22.3M
INDUSTRIAL (GENERAL)
Est. value
$22.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
3
Lot
3.12 ac
Current owner
From public records · entity-resolved
B9 Chapin Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
B9 Chapin Owner LLC
—
Deed
related
—
Sep 2, 2022
$29,300,000
B9 Chapin Owner LLC
Macey Investment Corp
Grant Deed
—
—
—
Macey Invs
—
Deed Of Trust
related
$2,000,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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