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Property profile & analytics
FOR SALE
Retail properties & Spaces
2163 Durfee Ave El Monte, CA 91733
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6294760
For Sale
1 / 2
$775,000
2163 Durfee Ave, El Monte, CA 91733
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1942
Construction
WOOD
Total area
1,784 SF
Lot
0.11 ac (4,678 SF)
Zoning code
EMM1*
APN
8114-001-002
UPID
US09-6294760
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
-
L A Gorda Appliances Home Appliance Store Hardware & Home Improvement
-
mayte flowers and party rental (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$640k
Owner & transaction history
Grimar LLC · 3 yrs held
Grimar LLC
since 2023
Last sale
$625,006
7 recorded transactions
Zoning & alternative use
EMM1* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$810,000
+40.2%
Office building
$625,000
+8.4%
Auto repair, garage
$600,000
+4.1%
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 El Monte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Monte 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
$695,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$580,000
Current use
MEDICAL BUILDING
$810,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$625,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$600,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$540,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$475,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $625k (Jan 10 2023)
Last sale anchor
$625k
Jan 10 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
$359 / 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
$9,066
Tax year 2024
Assessed value
$637,500
Assessed 2024
Previous assessed
$637,500
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$448,800
Assessed improvement
$188,700
Applied tax rate
13.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
For Sale
Year built
1942
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,784 SF
Lot
0.11 ac (4,678 SF)
Zoning code
EMM1*
APN
8114-001-002
UPID
US09-6294760
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMM1* · El Monte, CA
Zoning EMM1* · permitted uses
EMM1* · El Monte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Monte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$580,000
MEDICAL BUILDING
Est. value
$810,000
OFFICE BUILDING
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$540,000
RETAIL STORES
Est. value
$475,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1942
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Grimar LLC
Entity
Mailing address
23303 HAPPY VLY DR, NEWHALL, CA 91321-2640
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
$625,000
Grimar LLC
Jose Ramon Ochoa
Grant Deed
—
Oct 8, 2021
$595,000
Jose Ramon Ochoa
Charlotte Lynne Morgan
Grant Deed
$357,000 · A S K Investments INC
Oct 8, 2021
—
Charlotte Lynne Morgan
Charlotte Lynne Morgan
Intrafamily Transfer
related
—
May 8, 2020
—
White,thomas B Living Trust
Thomas B White Living Trust
Quit Claim Deed
related
—
Nov 15, 2019
—
White,thomas B Living Trust
Thomas B White
Quit Claim Deed
related
—
Oct 15, 2009
$153,500
Thomas B White
Klaparda,philip
Grant Deed
—
Mar 3, 2009
$200,000
Thomas B White
Schwartz & Fenster Prof
Trustees Deed
related
—
Sep 11, 2008
—
Monica Arceo
Lopez,yesenia M
Grant Deed
—
May 9, 2008
—
Yesenia M Lopez
Lopez,rodrigo A
Quit Claim Deed
related
—
Aug 28, 2006
—
Noriega Jesus J R Trust
Noriega,jesus J R
Quit Claim Deed
related
—
Mar 24, 2006
—
Jesus J Noriega
Noriega,nelly
Quit Claim Deed
related
—
Mar 24, 2006
$495,000
Rodrigo A Lopez
Noriega,jesus J R
Grant Deed
—
Feb 8, 1996
—
Jesus J Noriega
Noriega,j
Quit Claim Deed
related
—
Dec 8, 1995
—
Jesus J Noriega
Noriega J J Trustee,
Quit Claim Deed
related
—
Mar 29, 1991
$125,000
Noriega Trust
Exodus Exchange
Trustees Deed
related
$175,000 · Garfield Bank
—
—
Jesus J Noriega
—
Deed Of Trust
related
$680,000 · Garfield Bank
—
—
Yesenia M Lopez
—
Deed Of Trust
related
$306,500 · Thomas B White
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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