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    300 Atlantic Blvd Monterey Park, CA 91754

    Sponsored
    For Sale
    $4,200,000

    High-Traffic Corner Lot, Multi-Tenant Retail

    Property size:
    8,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This prime Monterey Park commercial property, located at 300 S Atlantic Blvd, presents a compelling investment opportunity. The 8,284 square foot building, constructed in 1976 and extensively renovated in 2023, is a two-story structure zoned MPC2. Currently operating as a multi-tenant retail space encompassing a convenience store, grocery store, and pharmacy/drug store, it enjoys an occupancy rate exceeding 85%. The property benefits from a highly visible corner location at the intersection of S. Atlantic Blvd. and W. Newmark Ave., ensuring significant foot and vehicle traffic. Ample parking is provided with 32 spaces in the rear lot, supplemented by four detached garages. The asking price is $4,200,000, representing a strong return on investment given the high occupancy and prime location. This owner/user opportunity offers significant upside potential for rental revenue growth. The property's convenient street-front access and substantial parking make it an attractive proposition for a variety of retail businesses and investors. The Los Angeles County property (APN 5257002052) is situated in the 91754 zip code.

    Property Features for 300 Atlantic Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,284 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1976/2023
    Stories
    2

    HighLights

    • $4,200,000 asking price for a multi‑tenant retail property.
    • 8,284 square feet on a high‑traffic corner lot in Monterey Park, CA.
    • Property includes convenience store, grocery store, and pharmacy/drug store uses.
    • Two‑story building, built in 1976, renovated in 2023, with 32 parking spaces and four detached garages.
    • Located at 300 S Atlantic Blvd, Monterey Park, CA 91754 (APN: 5257002052), zoned MPC2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fox Electric Technologies Electrician Derma Plus Skin ... Beauty Salon Uki Hair Studio Hair Salon Wes L. Lai, ... Acupuncture Clinic TCM herbal Store ... Acupuncturist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.13326613252
    Latitude
    34.059430940959

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    FAQs

    What type of property is this?
    Individual retail property - High-Traffic Corner Lot, Multi-Tenant Retail
    Where is this individual retail property located?
    The property is located at 300 Atlantic Blvd Monterey Park, CA.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: $4,200,000 asking price for a multi-tenant retail property.; 8,284 square feet on a high-traffic corner lot in Monterey Park, CA.; Property includes convenience store, grocery store, and pharmacy/drug store uses.
    Request Owner's contact information
    300 Atlantic Blvd Monterey Park, CA 91754
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    Monterey Park, CA 91754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Atlantic Blvd Monterey Park, CA 91754
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