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Property profile & analytics
OFF-MARKET
Estimated value
$14,580,000
Community centers
877 Wilcox Ave Montebello, CA 90640
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7310345
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1965
Construction
TILT-UP CONCRETE
Total area
51,363 SF
Lot
6.88 ac (299,881 SF)
Zoning code
MNC2*
APN
5268-002-043
UPID
US09-7310345
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
by Request
CAP Approach
CAP
$18.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.58M
Owner & transaction history
Lucky Montebello Shopping Center Ll · 3 yrs held
Lucky Montebello Shopping Center Ll
since 2022
5 recorded transactions
Zoning & alternative use
MNC2* · Montebello, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,295,000
6.5%
$18,730,000
7%
$17,395,000
Blend value · Realmo final
$14.58M
Range $13.12M – $16.04M · ±10%
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
$284 / 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
$213,772
Tax year 2024
Assessed value
$12,717,484
Assessed 2024
Previous assessed
$12,717,484
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$8,199,665
Assessed improvement
$4,517,819
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Bathrooms
2
Total area
51,363 SF
Lot
6.88 ac (299,881 SF)
Zoning code
MNC2*
APN
5268-002-043
UPID
US09-7310345
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNC2* · Montebello, CA
Zoning MNC2* · permitted uses
MNC2* · 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.
Building & site characteristics
From public records
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Bathrooms
2
Lot
6.88 ac
Current owner
From public records · entity-resolved
Lucky Montebello Shopping Center Ll
Individual
Mailing address
217 E GARVEY AVE, WALNUT, CA 91788
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Sep 20, 2022
—
Lucky Montebello Shopping Center Ll
—
Deed
related
$9,000,000 · East West Bank
Jan 23, 2003
—
Lucky Montbello Shopping Ctr
—
Deed Of Trust
related
$6,900,000 · Shanghai Commercial Bank Ltd
Dec 1, 1998
—
Lucky Montebello Shopping
—
Deed Of Trust
related
—
Nov 25, 1998
—
Lucky Montebello Shopping Ctr
—
Deed Of Trust
related
$6,900,000 · Tokai Bank California
Aug 15, 1997
—
Lucky Montebello Shopping
—
Deed Of Trust
related
—
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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