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Property profile & analytics
OFF-MARKET
Estimated value
$3,060,000
Warehouses
510 Washington Blvd Montebello, CA 90640-6219
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0318885
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
TILT-UP CONCRETE
Total area
16,197 SF
Lot
0.69 ac (29,940 SF)
Zoning code
MNC2*
APN
6352-029-011
UPID
US10-0318885
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
-
Bridgeman Security Equipment Bank Loan Service
-
Southern California Safe Company Security Service
-
International Safe Manufacturing Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.86M
CAP Approach
CAP
$3.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Lux Equities LLC · 2 yrs held
Lux Equities LLC
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
MNC2* · 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
$2,600,000
ML approach
$2,860,000
CAP Approach
CAP Return
Estimation
6%
$3,515,000
6.5%
$3,240,000
7%
$3,010,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,760,000
Current use
RETAIL STORES
$4,665,000
Change: -2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,400,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,395,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.06M
Range $2.75M – $3.37M · ±10% · vs last sale $3.07M (Oct 12 2023)
Last sale anchor
$3.07M
Oct 12 2023
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
$189 / 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
$44,092
Tax year 2024
Assessed value
$3,072,000
Assessed 2024
Previous assessed
$3,072,000
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$2,016,000
Assessed improvement
$1,056,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
16,197 SF
Lot
0.69 ac (29,940 SF)
Zoning code
MNC2*
APN
6352-029-011
UPID
US10-0318885
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
WAREHOUSE, STORAGE Current
Est. value
$4.8M
RETAIL STORES
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Lux Equities LLC
Entity
Mailing address
2746 VAIL AVE, COMMERCE, CA 90040-2612
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2023
$3,072,000
Lux Equities LLC
Alexander C Mcgilvray JR
Grant Deed
$2,400,000 · First Citizens Bank & Trust Co
Oct 12, 2023
—
Bradbury W Austin
Kuptz Austin Whitney
Intrafamily Transfer
related
—
Jun 2, 2023
—
Bradbury W Austin
Ann Austin Mcgilvray
Intrafamily Transfer
related
—
May 30, 2023
—
Alexander C Mcgilvray JR
Eric John Mueller
Affidavit Death Of Trustee/successor Trustee
—
Jul 6, 2015
—
Mueller,eric J 1998 Trust
Mueller Eric J
Quit Claim Deed
related
—
Oct 23, 2009
—
Mcgilvray A & A Living Trust
Mcgilvray,alexander C JR
Quit Claim Deed
related
—
Oct 19, 2009
—
Ann A Mcgilvray
Mueller John M 1988 Trust
Grant Deed
related
—
Aug 3, 2009
—
Mueller John M 1988 Trust
Mueller,john M
Affidavit Of Death
related
—
Jul 28, 2008
$78,000
Mueller Eric J 1988 Trust
Havens,tiffany
Grant Deed
related
—
Nov 29, 2006
—
Bradbury W Austin
Austin,bradbury W
Quit Claim Deed
related
—
Apr 3, 2001
—
Nancy M Belt
Muelelr,j M Tr
Grant Deed
related
—
Jan 31, 2000
—
Nancy M Belt
Mueller J M Trustee,
Grant Deed
related
—
Jun 29, 1999
—
Nancy M Belt
Mueller J M Trustee,
Grant Deed
related
—
Jan 5, 1989
—
John M T Mueller
Mueller John M
Quit Claim Deed
related
—
Dec 21, 1976
$76,000
—
—
Grant Deed
related
$37,000
—
—
Gold Coast Shopping Center LLC
—
Deed Of Trust
related
$4,950,000 · Preferred Bank
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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