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Property profile & analytics
OFF-MARKET
Estimated value
$17,485,000
Manufacturing properties
1724 Aeros Way Montebello, CA 90640-6504
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9540412
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Construction
WOOD
Total area
41,115 SF
Lot
1.61 ac (70,106 SF)
Zoning code
MNM2*
APN
6354-028-025
UPID
US09-9540412
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
-
Elite Stone Los Angeles Inc. Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.96M
Blend (final)
Blend
$17.49M
Owner & transaction history
Jennco Group INC · 3 yrs held
Jennco Group INC
since 2023
Last sale
$19.0M
7 recorded transactions
Zoning & alternative use
MNM2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$26.8M
+140.0%
Neighborhood: shopping center
$25.0M
+124.3%
Auto repair, garage
$19.0M
+70.4%
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 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
$16,055,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,160,000
Current use
RESTAURANT
$26,775,000
Change: +140% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$25,025,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,015,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$18,690,000
Change: +68% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,080,000
Change: +8% · Conversion: Easy
RETAIL STORES
$11,840,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,165,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$17.49M
Range $15.74M – $19.23M · ±10% · vs last sale $18.96M (Feb 9 2023)
Last sale anchor
$18.96M
Feb 9 2023
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
$425 / 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
$173,959
Tax year 2024
Assessed value
$12,422,580
Assessed 2024
Previous assessed
$12,422,580
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,355,800
Assessed improvement
$9,066,780
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
1968
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
41,115 SF
Lot
1.61 ac (70,106 SF)
Zoning code
MNM2*
APN
6354-028-025
UPID
US09-9540412
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
INDUSTRIAL (GENERAL) Current
Est. value
$11.2M
RESTAURANT
Est. value
$26.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.0M
AUTO REPAIR, GARAGE
Est. value
$19.0M
MEDICAL BUILDING
Est. value
$18.7M
WAREHOUSE, STORAGE
Est. value
$12.1M
RETAIL STORES
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$11.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (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
1968
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Jennco Group INC
Entity
Mailing address
3129 S HACIENDA BLVDPMB427, HACIENDA HEIGHTS, CA 91745-6304
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Jennco Group INC
—
Deed
related
$2,951,576 · Us Bank NA
Feb 9, 2023
$18,961,000
Jennco Group INC
Pf Heritage LLC
Grant Deed
$3,000,000 · Genesis Bank
Sep 17, 2019
—
Pf Heritage LLC
—
Deed
related
$1,000,000 · United Pacific Bank
Feb 15, 2018
—
Pf Heritage LLC
—
Deed
related
$4,949,000 · Fountainhead Com'l Cap LLC
Oct 2, 2012
$3,900,000
Pf Heritage LLC
Belling G B Fam Trust
Grant Deed
—
Apr 14, 2006
$3,638,500
Belling Geraldine B Fam Trust
Teac America INC
Grant Deed
$2,200,000 · Prudential Insurance Co
May 5, 1992
$2,750,000
Teac America INC
Atlas,bolt & Sup
Grant Deed
—
—
—
Worldwide Aeros Corp
—
Deed Of Trust
related
$1,000,000 · United Pacific Bk
—
—
Pf Heritage LLC
—
Deed Of Trust
related
$4,949,000 · Fountainhead Com'l Cap LLC
May 20, 1966
—
—
—
Grant 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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