Commercial Real Estate Market in Monterey Park, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
76 active listings and 1,363 off-market properties in Monterey Park, CA. Commercial property asks $363/SF to buy and $33.54/SF/Yr to lease.
Market Trends
Monterey Park, CA spans 7.7 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Monterey Park, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Monterey Park, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Monterey Park, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Monterey Park, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Monterey Park, CA has 60,937 residents in 22,070 households. Density runs 7,945 people per square mile. Median household income here is $78,476 and median gross rent $1,851 a month.
60,937
Population
22,070
Households
2.8
Avg Household Size
44
Median Age
35%
College-Educated
80%
High-School Grad
7.7 sq mi
ZIP Area
7,945
Density / Sq Mi
$78,476
Median Household Income
$42,813
Median Earnings
$1,851
Median Rent
$807,311
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Monterey Pk | $363 (county avg) | — |
| East Los Angeles | $363 (county avg) | — |
| Montebello | $363 (county avg) | $46.46 |
| Alhambra | $363 (county avg) | $24.14 |
Commercial property in Monterey Park, CA asks $363/SF. The 4 bordering markets run from $363/SF in Monterey Pk to $363/SF in Monterey Pk, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monterey Park?
Commercial property in Monterey Park, CA asks an average of $363 per square foot. The 6 most recent recorded sales traded at a median of $538/SF. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Monterey Park?
Asking lease rates in Monterey Park, CA average $33.54 per square foot per year.
How does Monterey Park compare to nearby markets on price?
Monterey Park, CA asks $363/SF against $363/SF in Monterey Pk, $363/SF in East Los Angeles, $363/SF in Montebello and $363/SF in Alhambra.
Where does Realmo's Monterey Park market data come from?
Realmo compiles Monterey Park, CA figures from 6 recent recorded sales, 43 active sale listings, 33 active lease listings, 1,363 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 43 active for-sale and 33 active for-lease listings in Monterey Park, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
