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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Retail space
507 Whittier Blvd Montebello, CA 90640-5233
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9600830
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Construction
TILT-UP CONCRETE
Total area
3,300 SF
Lot
0.09 ac (3,712 SF)
Zoning code
MNC2*
APN
6349-005-015
UPID
US09-9600830
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
-
Lucy's Boutique & Bridal Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$626k
Blend (final)
Blend
$855k
Owner & transaction history
State Of California Sgvrht · 2 yrs held
State Of California Sgvrht
since 2023
7 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$970,000
+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%
$1,215,000
6.5%
$1,125,000
7%
$1,045,000
Alternative Use
Use
Estimation
RETAIL STORES
$950,000
Current use
WAREHOUSE, STORAGE
$970,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$895,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$865,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$259 / 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
$11,742
Tax year 2024
Assessed value
$823,615
Assessed 2024
Previous assessed
$823,615
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$434,785
Assessed improvement
$388,830
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
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,300 SF
Lot
0.09 ac (3,712 SF)
Zoning code
MNC2*
APN
6349-005-015
UPID
US09-9600830
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CA
Zoning MNC2* · permitted uses
MNC2* · 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
$950,000
WAREHOUSE, STORAGE
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$895,000
OFFICE BUILDING
Est. value
$865,000
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
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
State Of California Sgvrht
Individual
Mailing address
29700 WOODFORD TEHACHAPI RD, KEENE, CA 93531-8007
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
State Of California Sgvrht
San Gabriel Valley Regional Housing
Agreement Of Sale
$4,000,000 · San Gabriel Valley Regional Housing Trus
Nov 17, 2023
$5,500,000
Cesar Chavez Foundation
Ku And Associates INC
Grant Deed
$1,524,000 · Century Housing Corporation INC
Feb 2, 2021
—
Montebello Development One LLC
—
Deed
related
$270,000 · Velocity Commercial Capital
Feb 1, 2021
—
Montebello Development One LLC
—
Deed
related
$270,000 · Velocity Commercial Capital LLC
Jan 7, 2015
—
Raul Casillas
Casillas,delores C
Quit Claim Deed
related
—
Jan 7, 2015
$699,000
Montebello Dev One LLC
Casillas,raul
Grant Deed
—
Feb 1, 2007
$680,000
Raul Casillas
Teelox Investment Group
Grant Deed
$612,000 · East West Bank
Aug 4, 2006
—
Teelox Investment Group
507 Whittier LLC
Grant Deed
—
Jul 12, 2005
—
Ijadi Family Trust
Layne,diana
Grant Deed
—
Feb 1, 1994
—
Layne Diana
—
Deed Of Trust
related
—
—
—
Teelox Investment Group LLC
—
Deed Of Trust
related
$400,000 · Kabir P F R 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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