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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Manufacturing properties
1290 Monterey Pass Rd Monterey Park, CA 91754-3617
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-8749076
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1958
Construction
TILT-UP CONCRETE
Total area
6,300 SF
Lot
0.47 ac (20,645 SF)
Zoning code
MPM*
APN
5252-003-067
UPID
US09-8749076
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
-
Megahertz Electric, Inc. (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$1.08M
Owner & transaction history
Mega Hz Electric INC · 11 yrs held
Mega Hz Electric INC
since 2015
7 recorded transactions
Zoning & alternative use
MPM* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$1,225,000
6.5%
$1,135,000
7%
$1,050,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,380,000
Current use
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$171 / 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
$18,530
Tax year 2024
Assessed value
$1,355,018
Assessed 2024
Previous assessed
$1,355,018
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$930,839
Assessed improvement
$424,179
Applied tax rate
12.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,300 SF
Lot
0.47 ac (20,645 SF)
Zoning code
MPM*
APN
5252-003-067
UPID
US09-8749076
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPM* · Monterey Park, CAZoning MPM* · permitted uses
MPM* · Monterey Park, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
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
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Mega Hz Electric INC
Entity
Mailing address
1290 MONTEREY PASS RD, MONTEREY PARK, CA 91754-3617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2018
—
Mega Hz Electric INC
—
Deed
related
$1,000,000 · Bank Of America
May 27, 2015
$1,150,000
Mega Hz Electric INC
Sai Yeung Yeung
Grant Deed
$1,063,000 · Evertrust Bank
Apr 10, 2013
—
Yeung S Yeung
Wong,sau P
Quit Claim Deed
related
—
Oct 29, 2003
$788,000
Yeung S Yeung
Siew,chee K & Yun H
Grant Deed
$525,000 · United National Bank
Mar 4, 2003
$578,000
Chee K Siew
Roofmaster INC
Grant Deed
—
Dec 21, 2001
—
Roofmaster
Roofmaster
Quit Claim Deed
related
—
Apr 7, 1988
—
Roofmaster Leasi
—
Deed Of Trust
related
—
—
—
Roofmaster INC
—
Deed Of Trust
related
$866,472 · Community Bank NA
—
—
Roofmaster INC
—
Deed Of Trust
related
$510,000 · Bayview Fin'l Trading Group
—
—
Mega Hz Electric INC
—
Deed Of Trust
related
$1,000,000 · Bank Of America
—
—
Roofmaster INC
—
Deed Of Trust
related
—
—
—
Roofmaster INC
—
Deed Of Trust
related
$25,000 · Saul Izen
—
—
Roofmaster INC
—
Deed Of Trust
related
$250,000 · Dominion Corp Psp
—
—
Roofmaster INC
—
Deed Of Trust
related
$1,300,000 · Alcorn Financial Services LLC
—
—
Roofmaster INC
—
Deed Of Trust
related
$300,000 · First Business Bank
—
—
Yeung S Yeung
—
Deed Of Trust
related
$850,000 · Bank Of East Asia
Jan 4, 1961
—
Roofmaster Leasing Co
—
Grant Deed
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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