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Property profile & analytics
OFF-MARKET
Estimated value
$3,755,000
Retail space
101 Garvey Ave Monterey Park, CA 91754-2801
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8668706
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Construction
TILT-UP CONCRETE
Total area
7,981 SF
Lot
0.19 ac (8,218 SF)
Zoning code
MPC3*
APN
5255-007-044
UPID
US09-8668706
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
-
冠兴花旗参批发中心 Pharmacy
-
United Pacific Bank Bank Loan Service
-
101 Ginseng Inc Specialty Food Shop
-
Prime Home Painters Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.72M
Comparable Approach
Comparable
$4.91M
Blend (final)
Blend
$3.76M
Owner & transaction history
Idd Intl Investment INC · 3 yrs held
Idd Intl Investment INC
since 2023
7 recorded transactions
Zoning & alternative use
MPC3* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+69.9%
Neighborhood: shopping center
$4.9M
+58.8%
Auto repair, garage
$3.7M
+20.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,945,000
6.5%
$2,715,000
7%
$2,525,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,060,000
Current use
RESTAURANT
$5,195,000
Change: +70% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,855,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,690,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$3,630,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$3,090,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,465,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.76M
Range $3.38M – $4.13M · ±10%
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
$470 / 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
$73,526
Tax year 2024
Assessed value
$5,512,780
Assessed 2024
Previous assessed
$5,512,780
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,560,115
Assessed improvement
$2,952,665
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
7,981 SF
Lot
0.19 ac (8,218 SF)
Zoning code
MPC3*
APN
5255-007-044
UPID
US09-8668706
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC3* · Monterey Park, CA
Zoning MPC3* · permitted uses
MPC3* · 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
RETAIL STORES Current
Est. value
$3.1M
RESTAURANT
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1993
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Idd Intl Investment INC
Entity
Free & Clear · 3 yrs held
Mailing address
709 N HL ST STE #8, LOS ANGELES, CA 90012-2352
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
—
Idd Intl Investment INC
Jackson Gwok
Quitclaim Deed
related
—
Sep 28, 2022
—
Jackson Gwok
Idd Intl Investment INC
Deed
related
—
Jan 6, 2022
$6,900,000
Idd Investment INC
Aatc & Koo Limited Liability Limite
Grant Deed
$4,830,000 · American First National Bank
Feb 15, 2017
—
Aatc & Koo LLC
—
Deed
related
$1,500,000 · Cathay Bk
Jul 1, 2016
$7,111,000
King Spring INC
Tian Fu Properties
Grant Deed
—
Aug 20, 2007
$6,438,000
Tian Fu Properties LLC
D & E Investments LLC
Grant Deed
$2,000,000 · Los Angeles National Bank
Mar 1, 1994
—
Ball,douglas C Tr
—
Deed Of Trust
related
—
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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