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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Apartment buildings
2840 Allgeyer Ave El Monte, CA 91732-3502
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0342349
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1944
Construction
WOOD
Total area
2,811 SF
Lot
0.52 ac (22,532 SF)
Zoning code
EMR3*
APN
8106-006-003
UPID
US10-0342349
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
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Wilton Thinh Thai
Wilton Thinh Thai
since 2025
Last sale
$1.6M
5 recorded transactions
Zoning & alternative use
EMR3* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.7M
+173.3%
Medical building
$1.3M
+104.1%
Office building
$990,000
+57.8%
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
$1,410,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,710,000
Change: +173% · Conversion: Difficult
MEDICAL BUILDING
$1,280,000
Change: +104% · Conversion: Moderate
OFFICE BUILDING
$990,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$950,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.58M (Jun 23 2025)
Last sale anchor
$1.58M
Jun 23 2025
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
$532 / 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
$5,365
Tax year 2024
Assessed value
$272,089
Assessed 2024
Previous assessed
$272,089
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$87,928
Assessed improvement
$184,161
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1944
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Units
5
Bathrooms
5
Total area
2,811 SF
Lot
0.52 ac (22,532 SF)
Zoning code
EMR3*
APN
8106-006-003
UPID
US10-0342349
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMR3* · El Monte, CA
Zoning EMR3* · permitted uses
EMR3* · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1944
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
4
Units
5
Bathrooms
5
Lot
0.52 ac
Current owner
From public records · entity-resolved
Wilton Thinh Thai
Individual
Mailing address
11235 WHITEWATER AVE, MONTCLAIR, CA 91763-6443
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2025
—
Wilton Thinh Thai
Cathy Leang Li Ngo
Deed
related
—
Sep 23, 2025
$1,580,000
Wilton Thinh Thai
Hightower Investment LLC
Grant Deed
—
Dec 9, 2024
$1,410,000
Hightower Investment LLC
Phillip Garcia
Grant Deed
—
Sep 17, 2020
—
Garcia,phillip & Susan Trust
Phillip T Garcia
Quit Claim Deed
related
—
—
—
Phillip T Garcia
—
Deed Of Trust
related
$168,700 · Great Western 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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