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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Office buildings
1455 Monterey Pass Rd Ste 210 Monterey Park, CA 91754-3605
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8691015
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
TILT-UP CONCRETE
Total area
1,919 SF
Lot
1.59 ac (69,360 SF)
Zoning code
MPM*
APN
5237-024-043
UPID
US09-8691015
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$1.20M
Owner & transaction history
Bakery Confectionery Tobacco Worker · 4 yrs held
Bakery Confectionery Tobacco Worker
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MPM* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+57.2%
Auto repair, garage
$890,000
+19.5%
Medical building
$870,000
+17.4%
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
$1,205,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$745,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,170,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$870,000
Change: +17% · Conversion: Easy
RETAIL STORES
$735,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10% · vs last sale $1.20M (Jun 10 2022)
Last sale anchor
$1.20M
Jun 10 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
$623 / 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
$8,302
Tax year 2024
Assessed value
$621,639
Assessed 2024
Previous assessed
$621,639
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$187,272
Assessed improvement
$434,367
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
1,919 SF
Lot
1.59 ac (69,360 SF)
Zoning code
MPM*
APN
5237-024-043
UPID
US09-8691015
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPM* · Monterey Park, CA
Zoning 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
Monterey Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$745,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$870,000
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
1.59 ac
Current owner
From public records · entity-resolved
Bakery Confectionery Tobacco Worker
Individual
Mailing address
1455 MONTEREY PASS RD STE #209, MONTEREY PARK, CA 91754-3605
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$1,195,000
Bakery Confectionery Tobacco Worker
Sunrising Property LLC
Grant Deed
—
Oct 30, 2009
$530,000
Sunrising Property LLC
Du Wallace,n
Grant Deed
$265,000 · Eastern International Bank
Aug 27, 2007
$185,000
Wallace N Du
Chan,raymond Y
Grant Deed
—
Feb 11, 2000
$21,500
Wallace N Du
Du,wallace N & Yung M
Grant Deed
related
—
Sep 28, 1999
$215,000
Wallace N Du
Far East Broadcasting Co
Grant Deed
$172,000 · First Continental Bank
Dec 21, 1989
$360,000
Far East Broadcasting Co
Unknown
Grant Deed
—
—
—
Wallace N Du
—
Deed Of Trust
related
$175,000 · Los Angeles National Bank
—
—
Wallace N Du
—
Deed Of Trust
related
$195,000 · China Trust Bank USA
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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