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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Office buildings
837 Foothill Blvd, Monrovia, CA 91016-1939
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7340239
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1952
Construction
WOOD
Total area
1,824 SF
Lot
0.23 ac (9,944 SF)
Zoning code
MORH*
APN
8504-023-003
UPID
US09-7340239
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
-
Foothill Dental Center Dental Office
-
Exceptional Leverage, Inc. Business Management Consultant
-
Dr. Shahram Valiani DDS Dental Office
-
Banerjee Engineering Corporation Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.22M
Owner & transaction history
837 W Foothill Blvd LLC · 3 yrs held
837 W Foothill Blvd LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MORH* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+35.7%
Auto repair, garage
$845,000
+3.1%
Medical building
$830,000
+1.4%
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
$1,240,000
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,110,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$845,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$830,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.20M (May 15 2023)
Last sale anchor
$1.20M
May 15 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
$669 / 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
$16,777
Tax year 2024
Assessed value
$1,224,000
Assessed 2024
Previous assessed
$1,224,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$969,000
Assessed improvement
$255,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,824 SF
Lot
0.23 ac (9,944 SF)
Zoning code
MORH*
APN
8504-023-003
UPID
US09-7340239
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MORH* · Monrovia, CA
Zoning MORH* · permitted uses
MORH* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$845,000
MEDICAL BUILDING
Est. value
$830,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
837 W Foothill Blvd LLC
Entity
Mailing address
8539 RAVENDALE RD, SAN GABRIEL, CA 91775-1121
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2023
$1,200,000
837 W Foothill Blvd LLC
Jaa Real Estate LLC
Grant Deed
$960,000 · Provide INC
Jul 8, 2021
—
Jaa Real Estate LLC
—
Deed
related
$1,200,000 · Lone Oak Fund LLC
Jun 5, 2018
—
Jaa Real Estate LLC
—
Deed
related
$1,200,000 · Wold S N & D C Trust (rt)
Jan 6, 2017
—
Jaa Real Estate LLC
—
Deed
related
$384,000 · Val-chris Invs
Oct 8, 2010
$786,000
Jaa Real Estate LLC
Howard Renata E Trust
Grant Deed
$500,000 · Howard Renata E Trust
Sep 6, 2007
$850,000
Howard Renata E Trust
Banerjee,a Bill & Leena
Grant Deed
$300,000 · A Bill & Leena Banerjee
—
—
Jaa Real Estate LLC
—
Deed Of Trust
related
$384,000 · Val-chris Invs
—
—
Jaa Real Estate LLC
—
Deed Of Trust
related
$1,200,000 · Wold S N & D C Trust (rt)
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
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