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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Manufacturing properties
850 Alta Vis Ave Monrovia, CA 91016-3310
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7806625
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1947
Construction
WOOD
Total area
3,634 SF
Lot
0.21 ac (8,953 SF)
Zoning code
MOM*
APN
8506-003-013
UPID
US09-7806625
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
-
WR Trans Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Chong Allen · 5 yrs held
Chong Allen
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+54.2%
Medical building
$1.7M
+51.6%
Office building
$1.6M
+49.5%
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 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
$1,070,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,680,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$1,650,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$1,630,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$1,395,000
Change: +28% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,125,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,070,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Apr 30 2021)
Last sale anchor
$1.10M
Apr 30 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
$303 / 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
$16,019
Tax year 2024
Assessed value
$1,167,328
Assessed 2024
Previous assessed
$1,167,328
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$758,763
Assessed improvement
$408,565
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
1947
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
3,634 SF
Lot
0.21 ac (8,953 SF)
Zoning code
MOM*
APN
8506-003-013
UPID
US09-7806625
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CA
Zoning MOM* · permitted uses
MOM* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
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
1947
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Chong Allen
Individual
Mailing address
2165 HOLLISTON AVE, ALTADENA, CA 91001-3255
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
$1,100,000
Chong Allen
Lorenzo Rodriguez
Grant Deed
$935,000 · Enterprise Bank & Trust
Aug 2, 2012
—
Lorenzo Rodriguez
Rodriguez,lorenzo
Quit Claim Deed
related
—
Aug 1, 2012
—
Lorenzo Rodriguez
Maria Rodriguez
Intrafamily Transfer
related
$497,000 · Wells Fargo Bank NA
Oct 6, 2011
—
Lorenzo Rodriguez
Nocita Family Trust
Grant Deed
—
Mar 13, 2007
$585,000
Lorenzo Rodriguez
Nocita Family Trust
Grant Deed
$488,000 · Excel National Bank
Oct 3, 2000
—
Nocita Alan R
Nocita,a R & D J
Quit Claim Deed
related
—
Sep 29, 2000
$300,000
Alan Nocita
Hanke Trust
Grant Deed
$200,000 · Industry Equipment Rentals Psp
Sep 29, 2000
—
Alan R Nocita
Nocita,a R & D J Trustees
Quit Claim Deed
related
—
Apr 20, 1993
—
Hanke Arthur H
—
Deed Of Trust
related
—
—
—
Lorenzo Rodriguez
—
Deed Of Trust
related
$50,000 · Stephen Claro
—
—
Arthur H A Hanke
—
Deed Of Trust
related
$113,000 · Queen City Bank
—
—
Alan R Nocita
—
Deed Of Trust
related
$75,000 · Anderson Trust
—
—
Nocita Trust
—
Deed Of Trust
related
$225,000 · Industry Equipment Rental Psp
—
—
Nocita Family Trust
—
Deed Of Trust
related
$575,000 · Foothill Independent Bank
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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