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    116 Garvey Ave Monterey Park, CA 91754-5811
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    Property profile & analytics

    116 Garvey Ave, Monterey Park, CA 91754-5811

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    • Retail space
    • 3,200 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US09-7757357
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,245,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fu Chong Long Food Store / Grocery & Convenience Store / Food Market
    • VITATIV Cosmetics Store / Cosmetic Store
    • Vitativ USA Cosmetics / Cosmetic Store

    Property Details for 116 Garvey Ave

    Year built
    1937
    Construction
    TILT-UP CONCRETE
    Lot size
    0.15 lot acres
    Zone code
    MPC3*
    Property type
    Retail space
    APN
    5257-014-003
    APU
    5257014003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 11, 2021 — Lre Investments LLC — Deed · related $950k · East West Bank
    Jul 9, 2021 — Lre Investments LLC — Deed · related $244k · Ruby Kuo Revocable Living Trust
    May 25, 2021 — Lre Investments LLC — Deed · related $950k · East West Bank
    Jan 18, 2017 $2,150,000 Lre Investments LLC Kuo Ruby Living Trust Grant Deed $1.3M · Kuo Ruby Living Trust (pt)
    Apr 15, 2014 — Kuo,ruby Living Trust Kuo,ruby Quit Claim Deed · related —
    Jul 12, 2007 $100,000 Ruby Kuo Kuo,victor S M Grant Deed · related —
    Dec 20, 2002 — Victor S Kuo Kuo,shung M Quit Claim Deed · related $459k · United Commercial Bank
    Aug 22, 2002 — Shung M Kuo Kuo,s M & H Quit Claim Deed · related —
    Nov 18, 1993 $75,000 Shung M Kuo Quiroz,joseph S Grant Deed —
    Dec 24, 1992 $258,000 Paul Harms Quiroz,joseph Grant Deed $245k · Plaza Savings & Loan
    Sep 30, 1988 $144,000 Fosterquiroz Ton Pac Trustees Deed · related —
    Sep 30, 1988 $960,000 Finl Exchang Pac Green Trustees Deed · related $816k · Greene Warren E&
    — — Ruby Kuo — Deed Of Trust · related $800k · Cathay Bank
    — — Victor S M Kuo — Deed Of Trust · related $700k · United Commercial Bank
    — — Ruby Kuo — Deed Of Trust · related $715k · Bank Of America
    — — Ruby Kuo — Deed Of Trust · related $500k · Cathay Bank
    — — Shung M Kuo — Deed Of Trust · related $112k · United National Bank
    — — Victor Kuo — Deed Of Trust · related $300k · United Commercial Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,180,000
      6.5%
      $1,090,000
      7%
      $1,010,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,460,000
      Market price range: $281k - $1.46M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,225,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,950,000
      Change: +59% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,480,000
      Change: +21% Conversion: Difficult
      MEDICAL BUILDING
      $1,455,000
      Change: +19% Conversion: Difficult
      OFFICE BUILDING
      $1,240,000
      Change: +1% Conversion: Easy
      COMMERCIAL (GENERAL)
      $990,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.123
    Latitude
    34.0621
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,882
    $1,308,501
    $1,137,828
    $2,446,329
    -
    $0.00
    $0.00
    $0.00
    More about this property
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