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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Investment properties
2622 Honolulu Ave Montrose, CA 91020-1707
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US10-0400358
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1941
Construction
WOOD
Total area
3,600 SF
Lot
0.18 ac (7,988 SF)
Zoning code
GLC3*
APN
5611-012-005
UPID
US10-0400358
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
-
Lanly Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$765k
Blend (final)
Blend
$600k
Owner & transaction history
Honolulu Verdugo Props LLC · 18 yrs held
Honolulu Verdugo Props LLC
since 2007
7 recorded transactions
Zoning & alternative use
GLC3* · Montrose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$167 / 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
$8,866
Tax year 2024
Assessed value
$494,874
Assessed 2024
Previous assessed
$494,874
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$302,836
Assessed improvement
$192,038
Applied tax rate
4.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1941
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
4
Bathrooms
2
Total area
3,600 SF
Lot
0.18 ac (7,988 SF)
Zoning code
GLC3*
APN
5611-012-005
UPID
US10-0400358
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLC3* · Montrose, CA
Zoning GLC3* · permitted uses
GLC3* · Montrose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Montrose. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1941
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Honolulu Verdugo Props LLC
Entity
Mailing address
2626 HONOLULU AVE, MONTROSE, CA 91020-1707
Mailing matches property
Yes
Owner-occupied
Yes
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
—
Honolulu Verdugo Properties LLC
—
Deed
related
$991,000 · Harvest Commercial Capital LLC
Aug 8, 2007
—
Honolulu Verdugo Props LLC
Blessley,bertha
Grant Deed
—
Aug 17, 2000
$335,000
Blessley,bertha
Keledjian,sahak M & Zarouhi
Trustees Deed
$313,500 · Us Bank NA
Aug 17, 2000
—
Bertha Blessley
Blessley,j E
Quit Claim Deed
related
—
Nov 29, 1994
$50,000
Sahak M Keledjian
Mard,armen
Trustees Deed
—
Jun 7, 1994
—
William Mard
Mard,a
Quit Claim Deed
related
—
Sep 28, 1990
$215,000
Armen Mard
Grigorian Zareh
Grant Deed
related
—
—
—
Bertha Blessley
—
Deed Of Trust
related
$25,000 · Mark S & Linda A Miller
—
—
Grigorians-sohru
—
Deed Of Trust
related
$40,000 · Rampone D B&l M&
—
—
Armen Mard
—
Deed Of Trust
related
$2,900 · Vip Trust Deed Co
—
—
Charlotte M Ives
—
Deed Of Trust
related
$50,000 · Maluccio Co
—
—
Bertha E Blessley
—
Deed Of Trust
related
$50,000 · Maluccio Co
—
—
Grigorians-sohru
—
Deed Of Trust
related
$140,000 · Rosenthal Fmly T
—
—
Armen Mard
—
Deed Of Trust
related
$155,000 · Individual
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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