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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Apartment buildings
9919 Rio Hondo Pkwy El Monte, CA 91733-1246
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9523720
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1939
Construction
WOOD
Total area
6,088 SF
Lot
0.37 ac (16,299 SF)
Zoning code
EMR3*
APN
8581-009-005
UPID
US09-9523720
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
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Sherry Chen · 1 yrs held
Sherry Chen
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
EMR3* · El Monte, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.8M
+66.8%
Office building
$2.1M
+28.9%
Auto repair, garage
$2.1M
+23.9%
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 El Monte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Monte 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
$1,800,000
ML approach
$1,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,660,000
Current use
MEDICAL BUILDING
$2,765,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$2,140,000
Change: +29% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,055,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,835,000
Change: +11% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,650,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Sep 4 2024)
Last sale anchor
$1.80M
Sep 4 2024
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
$296 / 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
$10,344
Tax year 2024
Assessed value
$605,761
Assessed 2024
Previous assessed
$605,761
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$154,585
Assessed improvement
$451,176
Applied tax rate
3.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1939
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
4
Units
7
Bathrooms
7
Total area
6,088 SF
Lot
0.37 ac (16,299 SF)
Zoning code
EMR3*
APN
8581-009-005
UPID
US09-9523720
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
EMR3* · El Monte, CA
Zoning EMR3* · permitted uses
EMR3* · El Monte, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Monte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1939
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
4
Units
7
Bathrooms
7
Lot
0.37 ac
Current owner
From public records · entity-resolved
Sherry Chen
Individual
Mailing address
7640 NEWMARK AVE, ROSEMEAD, CA 91770-3043
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Sherry Chen
Sherry Chen
Intrafamily Transfer
related
$650,000 · East West Bank
May 28, 2024
$1,800,000
Sherry Chen
Rio Hondo Seven Property LLC
Grant Deed
$750,000 · Muqing Li
Nov 27, 2006
—
Rio Hondo Seven Property LLC
Lim,william Y & Lily Y
Grant Deed
—
Oct 5, 1999
—
Winnie Y Lim
Hwee,n H & K S
Quit Claim Deed
related
—
May 17, 1989
—
William Y Lim
Lim
Quit Claim Deed
related
—
Jan 6, 1989
$580,000
William Y Lim
Deand
Grant Deed
$395,000 · Deanda Sebastian
—
—
William Y Lim
—
Deed Of Trust
related
$247,500 · United Commercial 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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