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Property profile & analytics
FOR LEASE
Turn key restaurants
524 Washington Blvd Montebello, CA 90640
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6365496
For Lease
1 / 2
Contact for pricing
524 Washington Blvd, Montebello, CA 90640
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Construction
WOOD
Total area
887 SF
Lot
0.53 ac (22,925 SF)
Zoning code
MNC2*
APN
6352-029-024
UPID
US09-6365496
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Montowood Hospitality LLC · 8 yrs held
Montowood Hospitality LLC
since 2017
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$39,380
Tax year 2024
Assessed value
$2,788,793
Assessed 2024
Previous assessed
$2,788,793
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$2,744,175
Assessed improvement
$44,618
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1960
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
887 SF
Lot
0.53 ac (22,925 SF)
Zoning code
MNC2*
APN
6352-029-024
UPID
US09-6365496
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.
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Montowood Hospitality LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1536 N WESTERN AVE, LOS ANGELES, CA 90027-5620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Sep 1, 2017
$2,500,000
Montowood Hospitality LLC
Monto 1311 LLC
Grant Deed
—
May 12, 2016
$955,000
Monto 1311 LLC
Full House Real Investment LLC
Grant Deed
$500,000 · Carmine F Canzona
Mar 26, 2007
$970,000
Full House Real Investment LLC
Lee,hae Y
Grant Deed
—
Jan 8, 2007
$835,000
Hae Y Lee
Spiropoulos Jimmy Trust
Grant Deed
$540,000 · Mirae Bank
Jan 8, 2007
—
Hae Y Lee
Lee,haeng-ja
Quit Claim Deed
related
—
Mar 16, 1994
—
Jimmy Tr Spiropoulos
—
Deed Of Trust
related
—
Mar 4, 1994
—
Jimmy Spiropoulos
—
Deed Of Trust
related
—
Dec 7, 1965
—
—
—
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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