Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3624 Montalvo St Los Angeles, CA 90065
    Property profile & analytics

    3624 Montalvo St Los Angeles, CA 90065

    View on Map
    • Commercial real estate
    Off-Market
    Property ID
    US10-0090017
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3624 Montalvo St

    Property type
    Commercial real estate

    Description

    Exceptional opportunity to build a custom home in desirable Mount Washington, Los Angeles. This offering encompasses three adjacent parcels totaling over 8,848 square feet, zoned LAR1, providing a blank canvas for your dream residence. Included are architectural plans by renowned designer Simon Storey of Anonymous Architects, showcasing a striking modern home design complete with an accessory dwelling unit (ADU) and swimming pool. These plans can be utilized as-is or serve as inspiration for your own vision. The property boasts breathtaking panoramic views of the scenic canyon and extends to Downtown Los Angeles. Its prime location offers convenient access to local coffee shops, restaurants, services, hiking trails, and major transportation routes. The land is conveniently situated near readily available RTI permits, streamlining the building process. This is a rare chance to create a luxurious home in a highly sought-after city-central enclave. Priced at $525,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.217314
    Latitude
    34.093164

    Comparable in this City

    • $998,000
      3,400 SF

      Mixed-Use Property in Los Angeles

      Triplex with two retail spaces in a desirable Los Angeles area.
      3333 Division St, Los Angeles, CA 90065
      View Details
    • $800,000
      1,276 SF

      Los Angeles Triplex in Cypress Park

      Triplex in Cypress Park with three 1-bedroom units.
      634 Romulo St, Los Angeles, CA 90065
      View Details
    • $1,195,000
      2,162 SF

      Cypress Park Triplex Opportunity

      Meticulously maintained triplex in Cypress Park with upside potential.
      2613 Jeffries Ave, Los Angeles, CA 90065
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Large Duplex in Glassell Park

      Two-unit property with over 3,000 sq ft near freeways.
      1916 Avenue 30 W, Los Angeles, CA 90065
      View Details
    • Contact for pricing

      Mount Washington Triplex with Views

      Triplex in Mount Washington with views of Downtown LA.
      315 Isabel St, Los Angeles, CA 90065
      View Details
    • Contact for pricing

      Craftsman Bungalow with Detached Garage

      Two houses and a detached garage on one lot.
      2908 Future St, Los Angeles, CA 90065
      View Details
    • $705,000
      1,392 SF

      Craftsman Bungalow Duplex in Los Angeles

      Two houses and detached garage on a single lot.
      2908 Future St, Los Angeles, CA 90065
      View Details
    • $998,000
      3,400 SF

      Mixed-Use Property in Los Angeles

      Triplex with two retail spaces in a desirable Los Angeles area.
      3333 Division St, Los Angeles, CA 90065
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space in Media Tech Center

      Industrial property for rent within secure LA Media Tech Center.
      2701 Media Center Dr, Los Angeles, CA 90065
      View Details
    • Contact for pricing

      Flex Space on San Fernando

      Rare flex space for lease with secured parking.
      2424 N San Fernando Rd, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      2,920 SF

      Adaptable Flex Space Available

      Sublease available in Glendale Commerce Center through August 2029.
      3368-3370 San Fernando Rd, Los Angeles, CA 90065
      View Details
    • $2,500 /Mo

      Glassell Park Auto Bay Rental

      Tinting/wrapping bay in high-traffic auto shop, utilities included.
      2346 N San Fernando Rd, Los Angeles, CA 90065
      View Details
    • Contact for pricing
      58,328 SF

      Industrial Space Sublease Opportunity

      Sublease available in strategic location between SFV & LA.
      3550 Tyburn St, Los Angeles, CA 90065
      View Details
    • Contact for pricing

      Industrial Space with Heavy Parking

      Industrial property with frontage, parking, and freeway access.
      3360 N San Fernando Rd, Los Angeles, CA 90065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3624 Montalvo St
    Los Angeles, CA 90065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3624 Montalvo St, Los Angeles, CA, 90065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!