Second-Floor Office
For Sale
$89,000
2063 Atlantic Boulevard, Monterey Park, CA 91754
Second-floor office suite with a large picture window and elevator access in a building with common-area restrooms.
Property Size307 SF
Lot Size4.22 Acres
Price / SF$289.90
Days on Market70
Property Features for 2063 Atlantic Boulevard
General Information
Standard status
Active
Size
307 SF
Lot size
4.22 Acres
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
elevator access
common area restrooms
3
Building Details
Year Built
1984
Listing Agency:
High Ten Partners, Inc.
(626) 289-6660
Listed By:
Sharon Chou · License #01122649
Source:
Xome
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 10 at 2:34AM
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 High Ten Partners, Inc.
Investment Insights
Based on property information with market context.
This second-floor office suite is located in a commercial building built in 1984 and features an efficient layout with a large picture window designed to bring in natural light. The building includes elevator access and well-maintained common area restrooms on every floor.
The suite is positioned within the Monterey Park business district near surrounding shops and professional businesses, with a large public parking area nearby. It is directly across from a major shopping center and within walking distance to everyday amenities, including Starbucks, as well as dining.
The space is suited for professional uses such as accounting, insurance, real estate, consulting, therapy, and administrative services, and may also be considered for investment ownership.
The suite is positioned within the Monterey Park business district near surrounding shops and professional businesses, with a large public parking area nearby. It is directly across from a major shopping center and within walking distance to everyday amenities, including Starbucks, as well as dining.
The space is suited for professional uses such as accounting, insurance, real estate, consulting, therapy, and administrative services, and may also be considered for investment ownership.
Key Highlights
- Second‑floor commercial office suite (Unit 2F) at 2063 S Atlantic Blvd in Monterey Park
- Approx. 307 sq. ft. office with an efficient layout and a large picture window for natural light
- Building built in 1984 with elevator access and common‑area restrooms on every floor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,711
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$134,220
$134.2K
Cap Rate 7%
$95,871
$95.9K
Cap Rate 9%
$74,567
$74.6K
Market Conditions
NOI Build-Up for 307 SF
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.
Gross rent
$11.8K $38.40/SF
− Vacancy
−$2.8K −$9.25/SF
EGI
$8.9K $29.15/SF
− OpEx
−$2.2K −$7.29/SF
NOI
$6.7K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$134,220
Cap Rate 7%
$95,871
Cap Rate 9%
$74,567
Alternative Uses
Best Use
Office B
$95.9K
$83.9K – $111.9K
NOI $6,711 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.4K
$143.8K – $191.8K
NOI $11,506 @ 7.0% cap · market cap 12.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 91754, CA
33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office suite with a large picture window and elevator access in a building with common-area restrooms.
Where is this office units located?
The property is located at 2063 Atlantic Boulevard Monterey Park, CA.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Second‑floor commercial office suite (Unit 2F) at 2063 S Atlantic Blvd in Monterey Park; Approx. 307 sq. ft. office with an efficient layout and a large picture window for natural light; Building built in 1984 with elevator access and common‑area restrooms on every floor
