Office Unit with Private
For Sale
Contact for pricing
230 S Garfield Ave #101, Monterey Park, CA 91754
Dedicated restrooms and a large room near the entrance complement the private-office layout.
Property Size7,099 SF
Price / SF$0.31
Days on Market18
Property Features for 230 S Garfield Ave #101
General Information
Standard status
Active
Size
7,099 SF
Property subtype
Office
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1969
Listing Agency:
High Ten Partners, Inc.
Listed By:
Peter Kam · License #01041240
(626) 289-6660
Source:
K9hausrealty
Added: Oct 13
Changed: Oct 30
Last Checked: Oct 30 at 1:49AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,099-square-foot office unit includes private offices, restrooms, and a large room near the entrance. The building dates to 1969.
At 230 S Garfield Ave in Monterey Park, the property is near restaurants, shopping, and multiple freeways.
At 230 S Garfield Ave in Monterey Park, the property is near restaurants, shopping, and multiple freeways.
Key Highlights
- 7,099‑square‑foot office unit
- Private offices and dedicated restrooms
- Large room near the entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,103,560
$3.1M
Cap Rate 7%
$2,216,829
$2.2M
Cap Rate 9%
$1,724,200
$1.7M
Market Conditions
NOI Build-Up for 7,099 SF
Gross rent
$272.6K $38.40/SF
− Vacancy
−$65.7K −$9.25/SF
EGI
$206.9K $29.15/SF
− OpEx
−$51.7K −$7.29/SF
NOI
$155.2K $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%
$3,103,560
Cap Rate 7%
$2,216,829
Cap Rate 9%
$1,724,200
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,178 @ 7.0% cap · market cap 7,053.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.80M
$3.33M – $4.43M
NOI $266,054 @ 7.0% cap · market cap 12,093.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,827
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
Frequently Asked Questions
What type of property is this?
Office unit - Dedicated restrooms and a large room near the entrance complement the private-office layout.
Where is this office unit located?
The property is located at 230 S Garfield Ave #101 Monterey Park, CA.
What are key features of this property?
This property features: 7,099‑square‑foot office unit; Private offices and dedicated restrooms; Large room near the entrance
