Back to Search
Elevator-Served Medical Office Building

809 S Atlantic Boulevard Monterey Park, CA 91754

809 S Atlantic Boulevard, Monterey Park, CA, 91754
$3,520,000
For Sale
Claim this Listing
$3,520,000

SINGLE_FAMILY - Monterey Park, CA

Property Size11,766 SF
Lot Size15,000.00 Acres
Price / SF$299.17
AddedJan 2
Days on Market194
Last RefreshJul 15 at 2:06 pm

Property Features for 809 S Atlantic Boulevard

General Information

Property type
Residential
Property subtype
Office
Zoning
(C-P)
Standard status
Active
APN
5253002035
Lot size
15,000.00 Acres

Building Details

Year built
1999

Listing agent Henry Liu License #01104611

Listing office GATEWAY PROPERTIES GROUP 3350 Shelby St Ste 200, Glendora, CA

Listing date Jan 2, 2026

MLS# CV26010898

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property at 809 S. Atlantic Boulevard is a three-story office building built in 1999, designed for medical and professional occupancy. It contains nine units and is served by an elevator. The building is improved with fire sprinklers and includes individual electrical meters. Parking is arranged on dedicated levels for each floor.

The site sits on a roughly 15,000-square-foot lot and provides 43 on-site parking spaces, representing an approximately 3.65:1 parking ratio. The property is zoned Commercial/Professional (C-P). It is currently 100% leased under short-term lease agreements.

For an owner-operator, this configuration offers on-site, dedicated parking aligned with multi-tenant office operations, along with core building systems such as elevator service and fire sprinklers. The overall unit mix and zoning support tenants seeking a long-term operating location for medical, professional, or service-oriented uses, while the existing short-term structure may provide flexibility for an incoming owner-user.

Key Highlights

  • +/-11,766 SF, three‑story commercial/professional building on a +/-15,000 SF lot
  • 9‑unit property built in 1999 with elevator service and fire sprinklers
  • 100% leased with short‑term lease agreements for near‑term owner‑user flexibility

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $451.8k $38.40
− Vacancy −$108.9k −$9.25
EGI $342.9k $29.15
− OpEx −$85.7k −$7.29
NOI $257.2k $21.86
11,766 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.67M
$3.21M – $4.29M (±1% cap)
NOI $257,195 @ 7.0% cap · market cap 7.31%
Second Best
Healthcare Medical
$3.19M
$2.79M – $3.72M (±1% cap)
NOI $223,130 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M (±1% cap)
NOI $440,963 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

San Gabriel Regional ... Medical Clinic Maria W. Tam ... Law Firm Cal Best Realty ... Real Estate Agency Cathay Bank Bank Buy N Sell ... Car Dealership

Suggested Use

Real Estate Agency Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Storage Facility Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Three-story, nine-unit building with elevator service, fire sprinklers, and substantial on-site parking for medical or professional use.
Where is this office units located?
The property is located at 809 S Atlantic Boulevard Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,520,000.
What are key features of this property?
This property features: +/-11,766 SF, three‑story commercial/professional building on a +/-15,000 SF lot; 9‑unit property built in 1999 with elevator service and fire sprinklers; 100% leased with short‑term lease agreements for near‑term owner‑user flexibility
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message