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Property profile & analytics
OFF-MARKET
Estimated value
$6,985,000
Retail space
101 Garvey Ave Monterey Park, CA 91755-2905
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8718068
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
TILT-UP CONCRETE
Total area
14,313 SF
Lot
0.49 ac (21,473 SF)
Zoning code
MPC3*
APN
5255-008-017
UPID
US09-8718068
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
$7.16M
CAP Approach
CAP
$4.87M
Comparable Approach
Comparable
$8.81M
Blend (final)
Blend
$6.99M
Owner & transaction history
Idd Intl Investment INC · 3 yrs held
Idd Intl Investment INC
since 2023
Last sale
$6.9M
7 recorded transactions
Zoning & alternative use
MPC3* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.3M
+69.9%
Neighborhood: shopping center
$8.7M
+58.8%
Auto repair, garage
$6.6M
+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
$6,990,000
ML approach
$7,160,000
CAP Approach
CAP Return
Estimation
6%
$5,280,000
6.5%
$4,870,000
7%
$4,525,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,485,000
Current use
RESTAURANT
$9,320,000
Change: +70% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,710,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,620,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$6,505,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$5,420,000
Change: -1% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,420,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$6.99M
Range $6.29M – $7.68M · ±10% · vs last sale $6.90M (Jan 5 2023)
Last sale anchor
$6.90M
Jan 5 2023
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
$488 / 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
$99,006
Tax year 2024
Assessed value
$7,038,000
Assessed 2024
Previous assessed
$7,038,000
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$3,570,000
Assessed improvement
$3,468,000
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,313 SF
Lot
0.49 ac (21,473 SF)
Zoning code
MPC3*
APN
5255-008-017
UPID
US09-8718068
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
$5.5M
RESTAURANT
Est. value
$9.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$6.5M
OFFICE BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
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
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Idd Intl Investment INC
Entity
Mailing address
3940 N CHARLOTTE AVE STE #108, SAN GABRIEL, CA 91776-3954
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2023
—
Idd Intl Investment INC
Jackson Gwok
Quit Claim Deed
related
—
Sep 28, 2022
—
Jackson Gwok
Idd Intl Investment INC
Intrafamily Transfer
related
—
Jan 6, 2022
$6,900,000
Idd Investment INC
Aatc & Koo Limited Liability Limite
Grant Deed
$4,830,000 · American First National Bank
Sep 4, 1997
$3,300,000
Aatc,& Koo
Li,j Y & P R
Trustees Deed
—
Jul 1, 1988
—
Shane I Wang
Wang
Quit Claim Deed
related
—
Jul 1, 1988
$1,950,000
Gec Mgmt
Han
Trustees Deed
—
Jul 1, 1988
$842,500
Ben H Wu
Oec
Trustees Deed
related
$1,100,000 · Far East National Bank
May 4, 1988
$1,400,000
Nancy Yang
Ball
Trustees Deed
—
May 4, 1988
—
Adam Han
Han
Quit Claim Deed
related
—
May 4, 1988
$65,000
Adam Han
Yang
Trustees Deed
related
$1,100,000 · Far East National Bank
—
—
Aatc & Koo LLC
—
Loan Modification
related
$1,500,000 · Cathay Bk
—
—
Aatc & Koo LLC
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
—
—
Joseph Y Li
—
Deed Of Trust
related
$405,000 · Bank Of Canton
—
—
Aatc & Koo Limited Liability
—
Deed Of Trust
related
$2,300,000 · Cathay Bank
—
—
Joseph Y Li
—
Deed Of Trust
related
$1,900,000 · Bank Of Canton
—
—
Aatc & Koo LLC
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
—
—
Aatc & Koo LLC
—
Deed Of Trust
related
$2,300,000 · General Bank
—
—
Aatc & Koo LLC
—
Deed Of Trust
related
$1,500,000 · Cathay Bank
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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