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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Retail space
440 6th St Montebello, CA 90640
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7872747
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
WOOD
Total area
3,172 SF
Lot
0.17 ac (7,450 SF)
Zoning code
MNC1*
APN
6346-002-023
UPID
US09-7872747
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
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$672k
Blend (final)
Blend
$865k
Owner & transaction history
Lung H Chang · 2 yrs held
Lung H Chang
since 2023
7 recorded transactions
Zoning & alternative use
MNC1* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$930,000
+2.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,005,000
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Current use
WAREHOUSE, STORAGE
$930,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$835,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$273 / 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
$15,465
Tax year 2024
Assessed value
$1,059,866
Assessed 2024
Previous assessed
$1,059,866
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$517,893
Assessed improvement
$541,973
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
4
Total area
3,172 SF
Lot
0.17 ac (7,450 SF)
Zoning code
MNC1*
APN
6346-002-023
UPID
US09-7872747
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
RETAIL STORES Current
Est. value
$915,000
WAREHOUSE, STORAGE
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$860,000
OFFICE BUILDING
Est. value
$835,000
RETAIL STORES Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1992
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Lung H Chang
Individual
Free & Clear · 2 yrs held
Mailing address
1146 S GRANADA AVE, ALHAMBRA, CA 91801-4926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2023
—
Lung H Chang
Lung H Chang
Intrafamily Transfer
related
—
Nov 3, 2021
—
Wendy Wan Yui Hong
Wendy Wan Yui Hong
Intrafamily Transfer
related
—
Sep 1, 2021
—
Lung H Chang
Lung H Chang
Intrafamily Transfer
related
—
Mar 17, 2014
—
Lung H Chang
Lung H Chang
Intrafamily Transfer
related
$455,000 · East West Bank
Oct 2, 2007
—
Chang 1991 Trust
Chang,lung H
Quit Claim Deed
related
—
Oct 9, 1997
—
Chang,lung H Trustee
Chang,w H
Quit Claim Deed
related
—
Feb 22, 1996
—
Chang,lung H Trustee
Chang,l H
Quit Claim Deed
related
—
Feb 5, 1993
—
Lung H Chang
—
Deed Of Trust
related
—
Jun 30, 1992
—
Lung H Chang
—
Deed Of Trust
related
—
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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