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Property profile

1588 Corporate Ctr Dr Monterey Park, CA 91754

OFF-MARKET
Office buildings
Property ID
US09-8740774
67,805 SF 2.72 ac lot Built 1991
Last sale Nov 1989 · $2,760,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 1588 Corporate Center Drive, Suite 102, Monterey Park, CA 91754, presents a fantastic opportunity for businesses seeking a well-situated office space. Priced at $1,000, this first-floor unit boasts a bright and airy open floor plan, ideal for a variety of professional uses. The space includes a dedicated reception desk area, providing a professional and welcoming entrance for clients and visitors. Situated within a desirable Monterey Park…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$153k
Tax billed · 2024
Assessed value$10.39M
Assessed land$3.48M
Assessed improvement$6.90M
Effective rate1.47%

Value estimate

· Oct 2026
$12.33M
$11.10M – $13.56M
Submarket $/SF estimate$15.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$387/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$228 – $478

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MPC2*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency80.0
Building Supply51.3
Law Firm45.8

Location

1588 Corporate Ctr Dr Monterey Park, CA 91754-7624
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1100 Corporate Ctr, Monterey Park, CA 91754-7632 $9,300,000 Jun 2025 40,704 SF
883 Atlantic, Monterey Park, CA 91754-4725 $11,126,000 Jun 2024 23,250 SF
670 Monterey Pass, Monterey Park, CA 91754-2436 $5,100,000 Mar 2024 16,124 SF
2525 Corporate, Monterey Park, CA 91754-7661 $16,600,166 Dec 2023 79,203 SF
2530 Corporate, Monterey Park, CA 91754-7638 $45,929,500 Jul 2022 116,480 SF
101 Ctr Plz, Monterey Park, CA 91754-2155 $14,455,000 Mar 2020 33,256 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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