Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fully Leased Office Building Title is generated by Realmo AI

    735 W Emerson Ave, Monterey Park, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office building in Monterey Park, CA, currently 100% leased.

    Type:OFFICE
    Lot size:
    0.15 Acres
    Added:
    Jan 1, 2022
    Days on Market:
    1616
    Last Refresh:
    May 20 at 9:15 pm

    Property Features for 735 W Emerson Ave

    General Information

    Standard status
    Active
    Lot size
    0.15 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 735 W Emerson Ave Contact us

    We can help!

    Listing Contact
    Frances Hui

    Listing agent Frances Hui

    Listing office Georgio Realty International

    Listing date Jan 1, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Georgio Realty International

    HighLights

    • 100% leased
    • No current availability

    Overview

    The property is an office building located in Monterey Park, CA. It is currently 100% leased, indicating no current availability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Inter-Orient Services Customs Broker Wow & Famous Car ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.134
    Latitude
    34.0663

    Nearby Similar for Lease

    • $5,070/Mo
      1,014 SF

      Monterey Park Retail/Restaurant Space

      Prime location in Atlantic Times Square near AMC Theatres.
      500 N Atlantic Boulevard, Monterey Park, CA 91754
      View Details
    • $4,249/Mo
      1,328 SF

      Retail Space in Monterey Park

      Retail space for lease in Atlantic Times Square.
      500 N Atlantic, Monterey Park, CA 91754
      View Details
    • $12,039/Mo
      3,048 SF

      Restaurant Space in Atlantic Times Square

      Fully equipped restaurant space in a high-traffic, mixed-use development.
      500 N Atlantic, Monterey Park, CA 91754
      View Details
    • $4,249/Mo
      1,328 SF

      Retail Space in Atlantic Square

      Retail space for lease in Monterey Park's Atlantic Square.
      500 North Atlantic Boulevard, Unit 165, Monterey Park, CA 91754
      View Details
    • $4,567/Mo
      287,163 SF

      Retail Space in Atlantic Times Square

      Prime retail space in Monterey Park's vibrant Atlantic Times Square.
      500 N Atlantic Boulevard, Monterey Park, CA 91754
      View Details
    • $1.50 SF/Yr
      6,655 SF

      Versatile Office/Retail Space Available

      1,400 SF office/retail space suitable for various uses.
      207 E Pomona Blvd, Unit A, Monterey Park, CA 91755
      View Details
    • $3,000/Mo
      2,000 SF

      San Gabriel Valley Commercial Space

      Versatile commercial space with permitted kitchen in convenient location.
      1455 Monterey Pass Rd 206, Monterey Park, CA 91754
      View Details
    • $2.00 SF/Yr
      15,256 SF

      Flexible Office Space Available

      Move-in ready office suites with various configurations and amenities.
      1166 W Garvey Ave, Monterey Park, CA
      View Details
    • Contact for pricing

      Monterey Park Medical/Professional Office Suite

      Medical/professional office suite for lease in Monterey Park, CA.
      2162 S Garfield, Monterey Park, CA 91754
      View Details
    • $2 SF/Yr
      10,650 SF

      McCaslin Business Park Office Building

      10,605 SF office building with direct access.
      25 Cupania Circle, Monterey Park, CA, 91755
      View Details
    • $3,000/Mo

      Warehouse with Loading Dock

      Warehouse with loading dock, gated parking, convenient location.
      212 Monterey Pass Rd C, Monterey Park, CA 91754
      View Details
    • $1,600/Mo

      Convenient Location in Monterey Park

      High visibility building with parking near downtown Monterey Park.
      223 E Garvey Ave 228, Monterey Park, CA 91755
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Monterey Park, CA, currently 100% leased.
    Where is this office building located?
    The property is located at 735 W Emerson Ave Monterey Park, CA.
    What are key features of this property?
    This property features: 100% leased; No current availability
    (626) 318-9993 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Frances Hui
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    735 W Emerson Ave, Monterey Park, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!