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Property profile & analytics
OFF-MARKET
Estimated value
$14,175,000
Office buildings
101 Ctr Plz Dr, Monterey Park, CA 91754-2155
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8740297
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
33,256 SF
Lot
1.13 ac (49,273 SF)
Zoning code
MPM1*
APN
5225-031-018
UPID
US09-8740297
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Children's Law Center of California Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.55M
CAP Approach
CAP
$11.93M
Comparable Approach
Comparable
$15.90M
Blend (final)
Blend
$14.18M
Owner & transaction history
Omega Cp1 LLC · 6 yrs held
Omega Cp1 LLC
since 2020
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
MPM1* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.7M
+68.2%
Neighborhood: shopping center
$20.2M
+57.2%
Auto repair, garage
$15.4M
+19.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monterey Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monterey Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,900,000
ML approach
$10,545,000
CAP Approach
CAP Return
Estimation
6%
$12,925,000
6.5%
$11,930,000
7%
$11,075,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,875,000
Current use
RESTAURANT
$21,655,000
Change: +68% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$20,240,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,380,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$15,120,000
Change: +17% · Conversion: Easy
RETAIL STORES
$12,745,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$14.18M
Range $12.76M – $15.59M · ±10% · vs last sale $14.46M (Mar 18 2020)
Last sale anchor
$14.46M
Mar 18 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$426 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$287,849
Tax year 2024
Assessed value
$15,498,677
Assessed 2024
Previous assessed
$15,498,677
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$6,921,062
Assessed improvement
$8,577,615
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
33,256 SF
Lot
1.13 ac (49,273 SF)
Zoning code
MPM1*
APN
5225-031-018
UPID
US09-8740297
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPM1* · Monterey Park, CA
Zoning MPM1* · permitted uses
MPM1* · Monterey Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monterey Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.9M
RESTAURANT
Est. value
$21.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.2M
AUTO REPAIR, GARAGE
Est. value
$15.4M
MEDICAL BUILDING
Est. value
$15.1M
RETAIL STORES
Est. value
$12.7M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Omega Cp1 LLC
Entity
Mailing address
5857 SANTA MONICA BLVD, LOS ANGELES, CA 90038-2001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
—
Omega Cp1 LLC
—
Deed
related
—
Mar 18, 2020
—
Omega Cp1 LLC
Omega Cp1 LLC
Intrafamily Transfer
related
$4,500,000 · American Business Bank
Oct 31, 2019
—
Omega Cp1 LLC
—
Deed
related
$1,660,000 · American Business Bank
Sep 6, 2019
$14,455,000
Omega Cpi LLC
Monterey Chase LLC
Grant Deed
—
Apr 13, 2018
—
Monterey Chase LLC
—
Deed
related
$300,000 · Asher Richard D S Tr (pt)
Nov 22, 2017
—
Monterey Chase LLC
—
Deed
related
$200,000 · Asher Trust (pt)
Jun 15, 2016
$5,600,000
Monterey Chase LLC
Eleanor Sade
Grant Deed
$7,200,000 · First Bank
Mar 8, 2012
—
Sade Paul & Eleanor 1985 Trust
Sade Paul & E 1985 Trust
Quit Claim Deed
related
—
—
—
Monterey Chase LLC
—
Deed Of Trust
related
$200,000 · Asher Trust (pt)
—
—
Monterey Chase LLC
—
Deed Of Trust
related
$300,000 · Asher Richard D S Tr (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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