Storefront
For Sale
$85,000
2063 S Atlantic Boulevard 2F, Monterey Park, CA 91754
Located in Monterey Park, this property dates to 1984.
Property Size307 SF
Days on Market113
Property Features for 2063 S Atlantic Boulevard 2F
General Information
Standard status
Active
Size
307 SF
Building Details
Building Size
307 SF
Year Built
1984
Stories
3
Listing Agency:
ColdwellBanker George Realty
Listed By:
Sharon Chou · License #01122649
(626) 833-8888
Source:
Evrealestate
Added: Jun 22
Changed: Oct 10
Last Checked: Oct 11 at 6:02AM
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 ColdwellBanker George Realty
Investment Insights
Based on property information with market context.
This storefront property was built in 1984 and is located at 2063 S Atlantic Boulevard, Unit 2F, in Monterey Park, California. It is in Los Angeles County.
Key Highlights
- Built in 1984
- Address: 2063 S Atlantic Boulevard 2F, Monterey Park, CA 91754
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,792
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,840
$135.8K
Cap Rate 7%
$97,029
$97.0K
Cap Rate 9%
$75,467
$75.5K
Market Conditions
NOI Build-Up for 307 SF
Gross rent
$10.4K $33.84/SF
− Vacancy
−$686 −$2.23/SF
EGI
$9.7K $31.61/SF
− OpEx
−$2.9K −$9.48/SF
NOI
$6.8K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,840
Cap Rate 7%
$97,029
Cap Rate 9%
$75,467
Alternative Uses
Best Use
Retail
$97.0K
$84.9K – $113.2K
NOI $6,792 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.4K
$143.8K – $191.8K
NOI $11,506 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Located in Monterey Park, this property dates to 1984.
Where is this storefront property 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 $85,000.
What are key features of this property?
This property features: Built in 1984; Address: 2063 S Atlantic Boulevard 2F, Monterey Park, CA 91754
