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Property profile & analytics
OFF-MARKET
Estimated value
$1,605,000
Apartment buildings
1601 College Vw Dr Monterey Park, CA 91754-5134
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7587840
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
10,106 SF
Lot
0.38 ac (16,410 SF)
Zoning code
MPR3YY
APN
5252-028-043
UPID
US09-7587840
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
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.61M
Owner & transaction history
Quan Property Management LLC · 4 yrs held
Quan Property Management LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
MPR3YY · 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
$1,450,000
ML approach
$1,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.61M
Range $1.44M – $1.77M · ±10% · vs last sale $1.75M (Feb 10 2022)
Last sale anchor
$1.75M
Feb 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
$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
$34,664
Tax year 2024
Assessed value
$2,441,818
Assessed 2024
Previous assessed
$2,441,818
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$670,464
Assessed improvement
$1,771,354
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Cooling
YES
Units
15
Bathrooms
15
Total area
10,106 SF
Lot
0.38 ac (16,410 SF)
Zoning code
MPR3YY
APN
5252-028-043
UPID
US09-7587840
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPR3YY · Monterey Park, CA
Zoning MPR3YY · permitted uses
MPR3YY · 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
1960
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
15
Bathrooms
15
Lot
0.38 ac
Current owner
From public records · entity-resolved
Quan Property Management LLC
Entity
Mailing address
250 S ATLANTIC BLVD, LOS ANGELES, CA 90022-1738
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
Quan Property Management LLC
Nelson W Quan
Intrafamily Transfer
related
$2,000,000 · Pinncacle Bank
Apr 2, 2012
—
Quan Nelson W & Helen L Trust
Quan Nelson W & H L Trust
Quit Claim Deed
related
—
Apr 5, 2005
—
A B Trust
Quan,nelson & Helen
Grant Deed
related
—
Jun 29, 2004
$1,750,000
Nelson Quan
Wue,alfonso H & Rosa K
Grant Deed
$1,312,500 · Far East National Bank
Jan 12, 1993
$888,000
Alfonso H K Wue
Lee,kenneth K
Grant Deed
$588,000 · Standard Savings Bank
—
—
Nelson Quan
—
Deed Of Trust
related
$70,000 · Feldstein Realty
—
—
Nelson Quan
—
Deed Of Trust
related
$1,232,000 · Arcs Commercial Mortgage Co LP
—
—
Quan Nelson W & Helen L Liv Trust
—
Deed Of Trust
related
$1,235,000 · Pnc Bank
Aug 5, 1964
$160,000
—
—
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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