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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Retail space
217 Beverly Blvd Montebello, CA 90640-4321
Trust Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6366215
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
TILT-UP CONCRETE
Total area
5,216 SF
Lot
0.33 ac (14,588 SF)
Zoning code
MNC2*
APN
6347-001-001
UPID
US09-6366215
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
-
Hope Brigades University High School Vocational School
-
Cutz on Point Barbershop Barber Shop
-
Farmers Insurance - Carlos Sanchez Insurance Agency
-
Dependable Personnel Employment Agency
-
Farmers Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.41M
Owner & transaction history
Pace Family Trust · 18 yrs held
Pace Family Trust
since 2007
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.5M
+2.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,925,000
6.5%
$1,775,000
7%
$1,650,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,500,000
Current use
WAREHOUSE, STORAGE
$1,535,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,415,000
Change: -6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,415,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10%
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
$270 / 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
$33,660
Tax year 2024
Assessed value
$2,295,000
Assessed 2024
Previous assessed
$2,295,000
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$255,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,216 SF
Lot
0.33 ac (14,588 SF)
Zoning code
MNC2*
APN
6347-001-001
UPID
US09-6366215
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CA
Zoning MNC2* · permitted uses
MNC2* · 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
RETAIL STORES Current
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Pace Family Trust
Trust
Mailing address
400 N MONTEBELLO BLVD STE #200, MONTEBELLO, CA 90640-4269
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jul 29, 2019
—
Phillip J Pace
—
Deed
related
$400,000 · East West Bank
Dec 7, 2007
—
Pace Family Trust
Pace,phillip J
Quit Claim Deed
related
—
Jul 23, 2004
$445,500
Phillip J Pace
Bogdanoff,annabelle W
Grant Deed
—
Jul 23, 2004
—
Phillip J Pace
Pace,phyllis M
Quit Claim Deed
related
—
Mar 3, 2004
—
Annabelle W Bogdanoff
Bogdanoff,tr
Quit Claim Deed
related
—
Oct 22, 2002
—
Pete M Bogdanoff
Bogdanoff,p M Tr
Quit Claim Deed
related
—
Sep 6, 2001
—
Bogdanoff,annabelle W Tr
Bogdanoff,a W
Quit Claim Deed
related
—
Feb 15, 1994
—
Pete M Bogdanoff
Bogdanoff,a W
Quit Claim Deed
related
—
Oct 27, 1970
$4,000
—
—
Grant Deed
related
—
—
—
Pace Family Trust
—
Deed Of Trust
related
$496,951 · East West Bank
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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