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Property profile & analytics
OFF-MARKET
Estimated value
$11,210,000
Auto shops
721 Central Ave Monrovia, CA 91016
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6350224
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1991
Construction
TILT-UP CONCRETE
Total area
3,864 SF
Lot
0.5 ac (21,797 SF)
Zoning code
MOM*
APN
8515-007-076
UPID
US09-6350224
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
-
Sierra Chevrolet Car Dealership
-
SIERRA CHEVROLET OF MONROVIA Auto Repair Shop
-
Sierra Chevrolet Commercial Truck Center Car Dealership Auto Repair Shop
-
Sierra Chevrolet Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.21M
Owner & transaction history
Sierra Re Holdings LLC · 4 yrs held
Sierra Re Holdings LLC
since 2021
Last sale
$12.2M
7 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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
$11,700,000
ML approach
$8,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.21M
Range $10.09M – $12.33M · ±10% · vs last sale $12.20M (Nov 18 2021)
Last sale anchor
$12.20M
Nov 18 2021
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
$2,901 / 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
$29,003
Tax year 2024
Assessed value
$2,122,416
Assessed 2024
Previous assessed
$2,122,416
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,498,176
Assessed improvement
$624,240
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,864 SF
Lot
0.5 ac (21,797 SF)
Zoning code
MOM*
APN
8515-007-076
UPID
US09-6350224
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CAZoning MOM* · permitted uses
MOM* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 17.04.010 TITLE.
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Sierra Re Holdings LLC
Entity
Mailing address
1450 S SHAMROCK AVE STE #600, MONROVIA, CA 91016-4267
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2021
$12,200,000
Sierra Re Holdings LLC
Hoffman Enterprises Ltd
Grant Deed
$32,562,000 · Toyota Motor Credit Corp
Mar 6, 2017
—
Hoffman Ents Ltd LP
—
Deed
related
$1,809,627 · Comerica Bk
Dec 27, 2001
$750,000
Hoffman Enterprises Ltd
Hoffman,peter C & Toni A
Grant Deed
related
$2,569,217 · Comerica Bank
Jul 13, 1990
$485,000
Peter C Hoffman
Unknown
Grant Deed
—
—
—
Peter C Hoffman
—
Deed Of Trust
related
$4,863,300 · Gmac Mortgage Corp
—
—
Hoffman Ents Ltd LP
—
Loan Modification
related
$1,809,627 · Comerica Bk
—
—
Hoffman Ents Ltd LP
—
Loan Modification
related
$1,809,627 · Comerica Bk
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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