Three-Story Office
For Sale
$3,500,000
809 S Atlantic, Monterey Park, CA 91754
Elevator-served professional property with medical office suites, individual electrical metering, and on-site parking.
Property Size11,766 SF
Lot Size0.34 Acres
Price / SF$297.47
Days on Market50
Property Features for 809 S Atlantic
General Information
Standard status
Active
Size
11,766 SF
Total Parking Spaces
43
Elevators
Yes
Lot size
0.34 Acres
Property subtype
Office
Zoning
C-P
Additional Details
Asking Price
$3,500,000
Highway Access
Yes
Office Units
9
Amenities
individually metered electrical service
Building Details
Building Size
11,766 SF
Year Built
1999
Buildings
1
Stories
3
Listing Agency:
Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
Listed By:
Shao Chen · License #01923629
(310) 350-3810
Source:
Velocityrealtysd
Added: Sep 3
Changed: Oct 11
Last Checked: Oct 21 at 6:06AM
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 Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
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Investment Insights
Based on property information with market context.
Located at 809 S Atlantic Boulevard in Monterey Park, this three-story office property contains approximately 11,766 square feet arranged across nine office and medical office suites. Elevator service supports access throughout the building, while individually metered electrical service provides separate utility measurement for the suites. Constructed in 1999, the building sits on an approximately 15,000-square-foot lot and includes 43 on-site parking spaces.
The property is zoned C-P and has frontage along Atlantic Boulevard. Access to the 10, 60, and 710 Freeways connects the site with surrounding areas. The location also records a Walk Score of 91 and a Bike Score of 52.
The property is zoned C-P and has frontage along Atlantic Boulevard. Access to the 10, 60, and 710 Freeways connects the site with surrounding areas. The location also records a Walk Score of 91 and a Bike Score of 52.
Key Highlights
- Approximately 11,766 square feet across nine office and medical office suites
- Three‑story building constructed in 1999
- Elevator service and individually metered electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$257,195
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,143,900
$5.1M
Cap Rate 7%
$3,674,214
$3.7M
Cap Rate 9%
$2,857,722
$2.9M
Market Conditions
NOI Build-Up for 11,766 SF
Gross rent
$451.8K $38.40/SF
− Vacancy
−$108.9K −$9.25/SF
EGI
$342.9K $29.15/SF
− OpEx
−$85.7K −$7.29/SF
NOI
$257.2K $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%
$5,143,900
Cap Rate 7%
$3,674,214
Cap Rate 9%
$2,857,722
Alternative Uses
Best Use
Office B
$3.67M
$3.21M – $4.29M
NOI $257,195 @ 7.0% cap · market cap 7.35%
Second Best
Healthcare Medical
$3.19M
$2.79M – $3.72M
NOI $223,130 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M
NOI $440,963 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
9
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,163
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 building - Elevator-served professional property with medical office suites, individual electrical metering, and on-site parking.
Where is this office building located?
The property is located at 809 S Atlantic Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Approximately 11,766 square feet across nine office and medical office suites; Three‑story building constructed in 1999; Elevator service and individually metered electrical service
