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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Distribution centers
500 Greenwood Ave, Montebello, CA 90640-5110
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0317467
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1955
Total area
14,260 SF
Lot
1.96 ac (85,220 SF)
Zoning code
MNM1*
APN
6350-021-039
UPID
US10-0317467
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
-
JCL Traffic (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.80M
Owner & transaction history
Owner Name Unavailable · 5 yrs held
Owner Name Unavailable
since 2020
7 recorded transactions
Zoning & alternative use
MNM1* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$3,095,000
6.5%
$2,855,000
7%
$2,650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,190,000
Current use
RETAIL STORES
$4,105,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,870,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,870,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±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
$196 / 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
$59,593
Tax year 2024
Assessed value
$4,090,493
Assessed 2024
Previous assessed
$4,090,493
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$4,033,604
Assessed improvement
$56,889
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1955
Heating
NONE
Buildings
2
Stories
1
Total area
14,260 SF
Lot
1.96 ac (85,220 SF)
Zoning code
MNM1*
APN
6350-021-039
UPID
US10-0317467
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNM1* · Montebello, CA
Zoning MNM1* · permitted uses
MNM1* · 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
WAREHOUSE, STORAGE Current
Est. value
$4.2M
RETAIL STORES
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
1955
Heating
NONE
Stories
1
Buildings
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Mailing address
5549 TOYON BAY, LONG BEACH, CA 90803-6801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2020
—
Owner Name Unavailable
Susan Morris
Affidavit Of Death
related
—
Jan 21, 2020
—
Morris11 LLC
Morris J & S 2004 Trust
Quit Claim Deed
—
Jul 12, 2017
—
Morris,james & Susan 2004 Trust
Morris 11 LLC
Quit Claim Deed
—
Sep 22, 2016
$3,595,000
Morris11 LLC
Cal-state Properties
Grant Deed
$1,950,000 · American Securities
Nov 20, 2015
$50,000
Spectrasite Communications LLC
Cal-state Properties
Grant Deed
—
Apr 12, 2010
—
Matusow Family Trust
Matusow,bernard
Quit Claim Deed
related
—
Aug 31, 2006
—
Cal-state Properties
Cal-state Properties
Quit Claim Deed
related
$500,000 · Morrison Jerome Trust
Oct 18, 1999
—
Tower Asset Sub INC
—
Deed Of Trust
related
$500,000,000 · Canadian Imperial Bank Commerc
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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