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Property profile & analytics
OFF-MARKET
Estimated value
$1,710,000
Office buildings
401 Beverly Blvd Montebello, CA 90640-3620
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0326093
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1957
Construction
WOOD
Total area
4,565 SF
Lot
0.33 ac (14,582 SF)
Zoning code
MNC1*
APN
6346-003-024
UPID
US10-0326093
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
-
Edward P. Estrada, PAC Physician
-
Nugent Luis P MD Physician
-
LATHIKA RAAKESH Physician Medical Clinic
-
TAMEEM ALHAYYA Physician
-
Urgent Care - AME Medical Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.71M
Owner & transaction history
Jamshid J Shariati · 4 yrs held
Jamshid J Shariati
since 2022
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
MNC1* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.8M
+131.7%
Auto repair, garage
$2.1M
+76.1%
Medical building
$2.1M
+73.1%
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
$1,720,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
$1,775,000
6.5%
$1,640,000
7%
$1,520,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,200,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,780,000
Change: +132% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,110,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$2,075,000
Change: +73% · Conversion: Easy
WAREHOUSE, STORAGE
$1,340,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,315,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,240,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.71M
Range $1.54M – $1.88M · ±10% · vs last sale $1.85M (Mar 1 2022)
Last sale anchor
$1.85M
Mar 1 2022
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
$375 / 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
$18,793
Tax year 2024
Assessed value
$1,257,843
Assessed 2024
Previous assessed
$1,257,843
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$685,623
Assessed improvement
$572,220
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1957
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
4,565 SF
Lot
0.33 ac (14,582 SF)
Zoning code
MNC1*
APN
6346-003-024
UPID
US10-0326093
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC1* · Montebello, CA
Zoning MNC1* · permitted uses
MNC1* · 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
OFFICE BUILDING Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1957
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Jamshid J Shariati
Individual
Mailing address
4162 SHOREBREAK DR, HUNTINGTON BEACH, CA 92649-2183
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$1,850,000
Jamshid J Shariati
Mark W Odou
Grant Deed
$1,295,000 · First Bank
Dec 19, 2016
—
Odou,bruce L & Shirley H Trust
Rough Lin Ptshp
Quit Claim Deed
related
—
—
—
Rough Lin Partnership
—
Deed Of Trust
related
$270,000 · Odou Trust
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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