Monterey Park Owner-User
809 S Atlantic Blvd Monterey Park, CA 91754
For Sale
$3,520,000
Three-story building in Monterey Park with flexible leasing options.
Property Size11,766 SF
Lot Size0.34 Acres
Price / SF$299.17
Days on Market95
Property Features for 809 S Atlantic Blvd
General Information
- Standard status
- Active
- Size
- 11,766 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing Agency:
Assist-2-Sell, Buyers & Sellers Realty Group
(626) 705-3509
Listed By:
Michael Liu · License #01104611
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 10:46AM
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 Assist-2-Sell, Buyers & Sellers Realty Group
Investment Insights
Based on property information with market context.
Located in Monterey Park, 809 S. Atlantic Blvd offers a commercial opportunity for an owner-user. The three-story building, constructed in 1999, has an area of approximately 11,766 square feet and is situated on a lot of approximately 15,000 square feet. The property is zoned Commercial/Professional (C-P) and features nine units, elevator service, fire sprinklers, and individual electrical meters. Parking is provided by 43 on-site spaces, resulting in an approximate parking ratio of 3.65:1. Each floor has its own dedicated parking level. The property is currently 100% leased with short-term lease agreements, offering flexibility for an owner-user while maintaining stable tenancy with medical and professional tenants. The property is suited for a medical, professional office, or service-oriented owner-user seeking a long-term operating location. The location has a walk score of 90, indicating it is a walker's paradise, and a bike score of 50, indicating it is bikeable.
Key Highlights
- Ideal for owner‑user seeking a commercial property in a supply‑constrained San Gabriel Valley market.
- 100% leased with short‑term agreements, offering flexibility for owner‑user while providing current income.
- Ample parking with 43 on‑site spaces and a 3.65:1 parking ratio.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $451.8k | $38.40 |
| − Vacancy | −$108.9k | −$9.25 |
| EGI | $342.9k | $29.15 |
| − OpEx | −$85.7k | −$7.29 |
| NOI | $257.2k | $21.86 |
11,766 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.67M
$3.21M – $4.29M
NOI $257,195 @ 7.0% cap · market cap 7.31%
Second Best
Healthcare Medical
$3.19M
$2.79M – $3.72M
NOI $223,130 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M
NOI $440,963 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
San Gabriel Regional ...
Medical Clinic
Maria W. Tam ...
Law Firm
Cal Best Realty ...
Real Estate Agency
Cathay Bank
Bank
Buy N Sell ...
Car Dealership
FAQs
What type of property is this?
Office building - Three-story building in Monterey Park with flexible leasing options.
Where is this office building located?
The property is located at 809 S Atlantic Blvd Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,520,000.
What are key features of this property?
This property features: Ideal for owner‑user seeking a commercial property in a supply‑constrained San Gabriel Valley market.; 100% leased with short‑term agreements, offering flexibility for owner‑user while providing current income.; **Ample parking with 43 on‑site spaces** and a 3.65:1 parking ratio.
