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Property profile & analytics
FOR LEASE
Investment properties
141 N Atlantic Blvd Monterey Park, CA 91754
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8370678
For Lease
1 / 2
$6,965,000
141 N Atlantic Blvd, Monterey Park, CA 91754
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1991
Construction
TILT-UP CONCRETE
Total area
43,831 SF
Lot
1.42 ac (61,899 SF)
Zoning code
MPSP*
APN
5354-013-054
UPID
US09-8370678
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
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Artistic Gallery Hair Salon Nail Salon
-
Monterey Park Locksmith 24/7 Locksmith
-
Half & Half Tea House MP Cafe & Coffee Shop
-
Nugget Simps DJ & Entertainment Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.29M
Blend (final)
Blend
$6.97M
Owner & transaction history
Mar Center LLC · 3 yrs held
Mar Center LLC
since 2022
5 recorded transactions
Zoning & alternative use
MPSP* · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.97M
Range $6.27M – $7.66M · ±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
$159 / 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
$134,225
Tax year 2024
Assessed value
$9,006,494
Assessed 2024
Previous assessed
$9,006,494
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$3,002,164
Assessed improvement
$6,004,330
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
For Lease
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
43,831 SF
Lot
1.42 ac (61,899 SF)
Zoning code
MPSP*
APN
5354-013-054
UPID
US09-8370678
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPSP* · Monterey Park, CA
Zoning MPSP* · permitted uses
MPSP* · 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.
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Mar Center LLC
Entity
Mailing address
331 N ATLANTIC BLVD STE #200, MONTEREY PARK, CA 91754-1500
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
—
Mar Center LLC
—
Deed
related
$7,750,000 · Symetra Life Insurance Co
Dec 7, 1999
—
Mar Center LLC Et Al
—
Deed Of Trust
related
—
Feb 12, 1991
—
Mar Inv
—
Grant Deed
related
$16,000,000 · Sumitomo Bank
—
—
Mar Investments
—
Deed Of Trust
related
$12,000,000 · Sumitomo Bank
—
—
Mar Center LLC
—
Deed Of Trust
related
$9,750,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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