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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Manufacturing properties
848 Vail Ave Montebello, CA 90640-5418
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0324882
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Total area
3,600 SF
Lot
0.79 ac (34,481 SF)
Zoning code
MNM1YY
APN
6353-013-003
UPID
US10-0324882
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.51M
Owner & transaction history
Narine Mnatsnyan · 2 yrs held
Narine Mnatsnyan
since 2023
Last sale
$1.7M
5 recorded transactions
Zoning & alternative use
MNM1YY · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.2M
+124.3%
Auto repair, garage
$1.7M
+70.4%
Medical building
$1.6M
+67.5%
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
Method
Estimation
Statistic approach
$1,395,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$975,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,190,000
Change: +124% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,665,000
Change: +70% · Conversion: Easy
MEDICAL BUILDING
$1,635,000
Change: +68% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,060,000
Change: +8% · Conversion: Easy
RETAIL STORES
$1,035,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$975,000
Change: +0% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±10% · vs last sale $1.65M (Oct 3 2023)
Last sale anchor
$1.65M
Oct 3 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
$419 / 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
$16,200
Tax year 2024
Assessed value
$1,051,517
Assessed 2024
Previous assessed
$1,051,517
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$907,574
Assessed improvement
$143,943
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,600 SF
Lot
0.79 ac (34,481 SF)
Zoning code
MNM1YY
APN
6353-013-003
UPID
US10-0324882
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNM1YY · Montebello, CA
Zoning MNM1YY · permitted uses
MNM1YY · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$975,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING
Est. value
$945,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE 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
2017
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Narine Mnatsnyan
Individual
Mailing address
1020 AVONOAK TER, GLENDALE, CA 91206-1557
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
—
Narine Mnatsnyan
Oganes Hovik Koloyan
Intrafamily Transfer
related
—
Jul 17, 2015
$1,650,000
Oganes H Koloyan
Valencia Evalina M
Grant Deed
—
Jul 17, 2015
—
Oganes Hovik Koloyan
Narine Mnatsakanyan
Intrafamily Transfer
related
—
Jul 8, 2009
—
Valencia Evalina M Trust
Valencia,evalina M
Quit Claim Deed
related
—
—
—
Oganes H Koloyan
—
Deed Of Trust
related
$2,000,000 · Harvest Com'l Cap LLC
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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