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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Manufacturing properties
7605 Monroe St, Paramount, CA 90723-4923
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-6400108
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1957
Total area
3,760 SF
Lot
0.16 ac (7,019 SF)
Zoning code
PAM2*
APN
7102-013-006
UPID
US09-6400108
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
-
Thomas Acoustics Inc Construction Company Acoustical Consultant
-
Appliance WHSE Home Appliance Store
-
Thomas Arts of Audio Vocals IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.10M
Owner & transaction history
7605monroest LLC · 3 yrs held
7605monroest LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
PAM2* · Paramount, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+86.8%
Medical building
$1.7M
+83.6%
Office building
$1.7M
+81.1%
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 Paramount submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paramount 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
$1,055,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$630,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$930,000
Current use
AUTO REPAIR, GARAGE
$1,740,000
Change: +87% · Conversion: Easy
MEDICAL BUILDING
$1,710,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$1,685,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,440,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,160,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$970,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.08M (Apr 21 2023)
Last sale anchor
$1.08M
Apr 21 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
$291 / 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
$14,628
Tax year 2024
Assessed value
$1,101,600
Assessed 2024
Previous assessed
$1,101,600
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$816,000
Assessed improvement
$285,600
Applied tax rate
7.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1957
Heating
NONE
Stories
1
Total area
3,760 SF
Lot
0.16 ac (7,019 SF)
Zoning code
PAM2*
APN
7102-013-006
UPID
US09-6400108
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PAM2* · Paramount, CA
Zoning PAM2* · permitted uses
PAM2* · Paramount, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paramount. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$970,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1957
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
7605monroest LLC
Entity
Mailing address
7605 MONROE ST, PARAMOUNT, CA 90723-4923
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
$1,080,000
7605monroest LLC
Ymp LLC
Grant Deed
$453,000 · The Mortgage Capital Development Co
Apr 21, 2023
—
7605monroest LLC
First Citizens Bank & Trust Company
Assignment Of Lease (leasehold Sale)
$440,000 · Citizens Bank & Trust Co
Feb 5, 2016
$417,000
Ymp LLC
George L Thomas
Grant Deed
$273,000 · Wilshire Bank
Feb 15, 2001
—
George L Thomas
Thomas,g L & P A
Quit Claim Deed
related
—
Feb 21, 1997
$185,500
George L Thomas
Donyes Trust
Grant Deed
$175,987 · Bank Of Yorba Linda
Mar 21, 1996
—
Donyes Charles F
Donyes,c F
Quit Claim Deed
related
—
Oct 23, 1995
$195,000
Charles F Donyes
So-cal Industrial Sheet Metal
Grant Deed
$162,000 · Bank Of Yorba Linda
—
—
Socal Industrial
—
Deed Of Trust
related
$170,000 · Topa Thrift & Loan
—
—
Socal Industrial
—
Deed Of Trust
related
$170,000 · Topa Thrift & Loan
—
—
Ellen H Fraze
—
Deed Of Trust
related
$40,000 · First State 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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