Second-Floor Office
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 Market47
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
Changed: Oct 25
Last Checked: Oct 7 at 5:30PM
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.
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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 / Yr
$6,711
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Office unit - Compact professional suite with elevator service, shared restrooms, and a large picture window for natural light.
Where is this office unit 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
