Second-Floor Office
New
For Sale
$89,000
2063 S Atlantic Boulevard 2f, Monterey Park, CA 91754
Compact professional suite with elevator service, shared restrooms, and a large picture window for natural light.
Property Size307 SF
Lot Size4.22 Acres
Price / SF$289.90
Days on Market2
Property Features for 2063 S Atlantic Boulevard 2f
General Information
Standard status
Active
Size
307 SF
Elevators
Yes
Lot size
4.22 Acres
Additional Details
Floor
2
Asking Price
$89,000
Building Details
Year Built
1984
Listing Agency:
High Ten Partners, Inc.
Listed By:
Sharon Chou · License #01122649
(626) 833-8888
Source:
Myfabuloushome
Added: Sep 14
Last Checked: Sep 14 at 2:40PM
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 unit provides approximately 307 square feet of professional workspace within a building completed in 1984. The suite includes an efficient layout and a large picture window, while elevator access and common-area restrooms on each floor support day-to-day use.
The property is located at 2063 S. Atlantic Boulevard in Monterey Park, across from a major shopping center and near retail, restaurants, salons, Starbucks, and other everyday services. A large public parking area is nearby, and the office offers access to the 60 Freeway. The building occupies an approximately 183,766-square-foot lot and is positioned within an established business district.
The property is located at 2063 S. Atlantic Boulevard in Monterey Park, across from a major shopping center and near retail, restaurants, salons, Starbucks, and other everyday services. A large public parking area is nearby, and the office offers access to the 60 Freeway. The building occupies an approximately 183,766-square-foot lot and is positioned within an established business district.
Key Highlights
- Approximately 307 square feet of second‑floor office space
- Large picture window provides natural light and views toward surrounding businesses
- Elevator access serves the second‑floor suite
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,123
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Compact professional suite with elevator service, shared restrooms, and a large picture window for natural light.
Where is this office units located?
The property is located at 2063 S Atlantic Boulevard 2f 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: Approximately 307 square feet of second‑floor office space; Large picture window provides natural light and views toward surrounding businesses; Elevator access serves the second‑floor suite
