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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Investment properties
112 Chandler Ave Monterey Park, CA 91754-1577
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8647736
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1986
Construction
WOOD
Total area
6,971 SF
Lot
0.46 ac (20,118 SF)
Zoning code
MPR3*
APN
5256-006-110
UPID
US09-8647736
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
-
No. 1 Charcoal BBQ Restaurant
-
Chinatown Service Center Social Service Agency Charitable Organization
-
Robert YANG Account Accounting Firm Tax Preparation
-
M & N Institute High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
$2.17M
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.04M
Owner & transaction history
Fortune America Investments LLC · 4 yrs held
Fortune America Investments LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
MPR3* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.2M
+49.7%
Medical building
$3.2M
+47.1%
Office building
$2.7M
+25.3%
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
$2,030,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
$2,355,000
6.5%
$2,170,000
7%
$2,015,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,155,000
Current use
AUTO REPAIR, GARAGE
$3,225,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$3,170,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$2,700,000
Change: +25% · Conversion: Easy
RETAIL STORES
$2,670,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$2,050,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $2.00M (Jun 30 2022)
Last sale anchor
$2.00M
Jun 30 2022
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
$293 / 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
$29,720
Tax year 2024
Assessed value
$2,080,800
Assessed 2024
Previous assessed
$2,080,800
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$1,144,440
Assessed improvement
$936,360
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
6,971 SF
Lot
0.46 ac (20,118 SF)
Zoning code
MPR3*
APN
5256-006-110
UPID
US09-8647736
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPR3* · Monterey Park, CA
Zoning MPR3* · permitted uses
MPR3* · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Fortune America Investments LLC
Entity
Mailing address
617 W GARVEY AVE STE #200, MONTEREY PARK, CA 91754-2705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2023
—
Fortune America Investments LLC
—
Deed
related
$900,000 · Zb NA
Jun 30, 2022
$2,000,000
Fortune America Investments LLC
Stanley Milford Chien
Grant Deed
—
Jun 30, 2022
—
Stanley Milford Chien
Min Hsiung Chien
Affidavit Death Of Trustee/successor Trustee
related
—
Sep 27, 2021
—
Min Hsiung Chien
—
Deed
related
$320,000 · Asian Pacific National Bank
Oct 13, 2000
—
Chien,min-hsiung & Nancy M Trust
Chien,m & N M
Quit Claim Deed
related
—
Aug 28, 1997
—
Min-hsiung Chien
Chien,m & N M
Quit Claim Deed
related
—
—
—
Chien Min-hsiung & N M Trust
—
Deed Of Trust
related
$200,000 · Bank Of The West
—
—
Chien Min-hsiung & N M Trust
—
Deed Of Trust
related
$520,000 · Bank Of The West
—
—
Min-hsiung Chien
—
Deed Of Trust
related
$600,000 · Cenfed 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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