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Property profile & analytics
OFF-MARKET
Estimated value
$4,750,000
Manufacturing properties
3446 Fletcher Ave El Monte, CA 91731-3002
Entity Owned
~
Est. High Equity
Property ID
US09-6291524
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Construction
TILT-UP CONCRETE
Total area
19,932 SF
Lot
0.98 ac (42,569 SF)
Zoning code
EMM2*
APN
8581-001-086
UPID
US09-6291524
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
-
Fletcher Home LLC Kitchen & Bath Showroom Hardware & Home Improvement
-
Colorful Home Inc Hardware & Home Improvement Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.34M
CAP Approach
CAP
$3.81M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.75M
Owner & transaction history
Avera Property LLC
Avera Property LLC
since 2025
7 recorded transactions
Zoning & alternative use
EMM2* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.0M
+13.1%
Auto repair, garage
$6.7M
+8.7%
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
$5,100,000
ML approach
$5,340,000
CAP Approach
CAP Return
Estimation
6%
$4,125,000
6.5%
$3,810,000
7%
$3,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,190,000
Current use
OFFICE BUILDING
$7,005,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,730,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,010,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$4.75M
Range $4.28M – $5.23M · ±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
$238 / 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
$64,585
Tax year 2024
Assessed value
$4,765,934
Assessed 2024
Previous assessed
$4,765,934
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,961,421
Assessed improvement
$1,804,513
Applied tax rate
8.0000
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
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
19,932 SF
Lot
0.98 ac (42,569 SF)
Zoning code
EMM2*
APN
8581-001-086
UPID
US09-6291524
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMM2* · El Monte, CA
Zoning EMM2* · permitted uses
EMM2* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
OFFICE BUILDING
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Avera Property LLC
Entity
Mailing address
3446 FLETCHER AVE, EL MONTE, CA 91731-3002
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2025
—
Avera Property LLC
Colorful Property LLC
Grant Deed
—
Apr 14, 2023
—
Colorful Stone & Cabinet INC
—
Deed
related
$3,643,000 · Cathay Bank
Jun 24, 2020
$4,445,000
Colorful Stone & Cabinet INC
Alan Property LLC
Grant Deed
$3,850,500 · United Pacific Bank
Dec 12, 2019
—
Alan Property LLC
—
Deed
related
$2,930,000 · Bank Of America
May 7, 2018
—
Alan Property LLC
Lee,jim & Anna
Quit Claim Deed
—
Nov 30, 2016
$3,499,000
Jim Lee
Formerica Homes LLC
Grant Deed
$3,080,000 · United Pacific Bank
Sep 8, 2011
—
Formerica Homes LLC
Jung & Chen Family Trust
Grant Deed
—
Feb 10, 2004
$1,350,000
Chen,tr
Jiang,tr
Grant Deed
—
Dec 6, 2002
—
Jiang,tr
Fan,michael S & Grace H
Grant Deed
related
—
Jun 10, 1992
$1,100,000
Michael S F Fan
Sargent,fletcher
Grant Deed
—
—
—
Sargent-fletcher
—
Deed Of Trust
related
$65,000,000 · Heller Financial
—
—
Alan Property LLC
—
Deed Of Trust
related
$2,930,000 · Bank Of America
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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