Office
For Sale
$400,000
D-401 S Garfield Ave, Monterey Park, CA 91754
A long-term tenant currently occupies the suite, providing an established income stream.
Property Size952 SF
Price / SF$420.17
Days on Market375
Property Features for D-401 S Garfield Ave
General Information
Standard status
Active
Size
952 SF
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$6,206
Building Details
Tenancy
Single
Listing Agency:
Sunshine International Inv., Inc.
(626) 297-9191
Listed By:
Alan Chang · License #01975085
(626) 617-6861
Source:
Exprealty
Added: Oct 26, 2025
Changed: Nov 4
Last Checked: Nov 4 at 2:23PM
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 Sunshine International Inv., Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 952-square-foot office condominium is leased to a long-term tenant. Its layout is described as bright and flexible, and the unit is part of a professional office complex with parking available.
The property is at D-401 S Garfield Ave in Monterey Park, with access to I-10, 710, and 60. Shopping, dining, and business destinations are nearby.
The property is at D-401 S Garfield Ave in Monterey Park, with access to I-10, 710, and 60. Shopping, dining, and business destinations are nearby.
Key Highlights
- 952‑square‑foot office condominium
- Leased to a long‑term tenant
- Located at D‑401 S Garfield Ave in Monterey Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,810
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,200
$416.2K
Cap Rate 7%
$297,286
$297.3K
Cap Rate 9%
$231,222
$231.2K
Market Conditions
NOI Build-Up for 952 SF
Gross rent
$36.6K $38.40/SF
− Vacancy
−$8.8K −$9.25/SF
EGI
$27.7K $29.15/SF
− OpEx
−$6.9K −$7.29/SF
NOI
$20.8K $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%
$416,200
Cap Rate 7%
$297,286
Cap Rate 9%
$231,222
Alternative Uses
Best Use
Office B
$297.3K
$260.1K – $346.8K
NOI $20,810 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.7K
$446.0K – $594.7K
NOI $35,679 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,859
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 - A long-term tenant currently occupies the suite, providing an established income stream.
Where is this office unit located?
The property is located at D-401 S Garfield Ave Monterey Park, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 952‑square‑foot office condominium; Leased to a long‑term tenant; Located at D‑401 S Garfield Ave in Monterey Park
