New search
Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Investment properties
7031 Pickering Ave Whittier, CA 90602-1209
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6768274
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1959
Construction
WOOD
Total area
3,435 SF
Lot
0.16 ac (7,051 SF)
Zoning code
WHCO*
APN
8139-027-007
UPID
US09-6768274
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
-
Image Studio Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$920k
Owner & transaction history
Mario R Majano · 5 yrs held
Mario R Majano
since 2020
Last sale
$926,009
7 recorded transactions
Zoning & alternative use
WHCO* · Whittier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+79.3%
Neighborhood: shopping center
$1.2M
+66.4%
Office building
$1.1M
+41.2%
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 Whittier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whittier 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
$920,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$750,000
Current use
AUTO REPAIR, GARAGE
$1,340,000
Change: +79% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,245,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +41% · Conversion: Easy
RETAIL STORES
$1,005,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$960,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $926k (Aug 3 2020)
Last sale anchor
$926k
Aug 3 2020
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
$268 / 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
$12,627
Tax year 2024
Assessed value
$982,677
Assessed 2024
Previous assessed
$982,677
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$539,093
Assessed improvement
$443,584
Applied tax rate
9.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
4
Bathrooms
4
Total area
3,435 SF
Lot
0.16 ac (7,051 SF)
Zoning code
WHCO*
APN
8139-027-007
UPID
US09-6768274
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WHCO* · Whittier, CA
Zoning WHCO* · permitted uses
WHCO* · Whittier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whittier. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$960,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
4
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mario R Majano
Individual
Mailing address
2916 ILOPANGO DR, HACIENDA HEIGHTS, CA 91745-5421
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
—
Mario Ronald Majano
—
Deed
related
$850,000 · Dmc INC
Oct 21, 2021
—
Mario Ronald Majano
—
Deed
related
$200,000 · Corona Capital Group LLC
Aug 10, 2021
—
Mario Ronald Majano
—
Deed
related
$100,000 · Jeff Adams
Aug 3, 2020
$926,000
Mario R Majano
Kambiz Ganjianpour
Grant Deed
$520,000 · Antoni 2012 Family Trus (rt)
Apr 12, 2005
$640,000
Kambiz Ganjianpour
Segal Family Trust
Grant Deed
$380,000 · Omni Bank
Nov 20, 2003
$525,000
Segal,tr
Morgan,john & Sheila
Grant Deed
—
Jun 7, 2002
$226,091
John Morgan
Rajan,sundar & Kalpa
Grant Deed
$220,000 · South Coast Commercial Bank
Oct 28, 1998
$132,045
Rajan,sundar & Kalpa
Reddy,krishna M
Trustees Deed
$156,642 · Seller
Oct 28, 1998
—
Reddy,krishna
Velazquez,r
Trustees Deed
related
—
Dec 31, 1996
—
Rocio Velazquez
Reddy,k
Quit Claim Deed
related
—
Jan 8, 1988
$295,000
Krishna Reddy
Equit
Trustees Deed
$180,000 · Quaker City Federal S & L
—
—
Kambiz Ganjianpour
—
Deed Of Trust
related
$375,000 · Maya Kadose
—
—
Segal,tr
—
Deed Of Trust
related
$313,000 · Jackson Federal Bank
—
—
Krishna Reddy
—
Deed Of Trust
related
$55,200 · Velazquez Rocio
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?”
You own 7031 Pickering Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.