New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,280,000
Apartment buildings
202 Hellman Ave Monterey Park, CA 91755-1237
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7356729
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
11,191 SF
Lot
0.44 ac (19,066 SF)
Zoning code
MPR3*
APN
5255-014-015
UPID
US09-7356729
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
$4.28M
CAP Approach
CAP
$2.77M
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$4.28M
Owner & transaction history
Ching Sun Kuang · 2 yrs held
Ching Sun Kuang
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
MPR3* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.8M
+113.8%
Auto repair, garage
$5.2M
+62.5%
Medical building
$5.1M
+59.7%
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
$4,280,000
ML approach
$4,280,000
CAP Approach
CAP Return
Estimation
6%
$3,000,000
6.5%
$2,770,000
7%
$2,570,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,810,000
Change: +114% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,175,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$5,085,000
Change: +60% · Conversion: Moderate
RETAIL STORES
$4,290,000
Change: +35% · Conversion: Difficult
OFFICE BUILDING
$4,235,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,460,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$4.28M
Range $3.85M – $4.71M · ±10% · vs last sale $4.28M (Jun 5 2024)
Last sale anchor
$4.28M
Jun 5 2024
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
$382 / 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
$59,487
Tax year 2024
Assessed value
$4,453,312
Assessed 2024
Previous assessed
$4,453,312
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$2,996,352
Assessed improvement
$1,456,960
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
1961
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Units
12
Bathrooms
8
Total area
11,191 SF
Lot
0.44 ac (19,066 SF)
Zoning code
MPR3*
APN
5255-014-015
UPID
US09-7356729
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPR3* · Monterey Park, CA
Zoning MPR3* · permitted uses
MPR3* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.1M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
4
Units
12
Bathrooms
8
Lot
0.44 ac
Current owner
From public records · entity-resolved
Ching Sun Kuang
Individual
Mailing address
202 E HELLMAN AVE, MONTEREY PARK, CA 91755-1237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
—
Ching Sun Kuang
Hung Yin Sun
Affidavit Death Of Trustee/successor Trustee
related
$1,250,000 · Pcb Bank
Dec 26, 2023
—
Ching Sun Kuang
Ching Sun Kuang
Intrafamily Transfer
related
—
May 18, 2022
$4,280,000
Ching Sun Kuang
Pooi Wong Yim
Grant Deed
$1,960,000 · Lone Oak Fund LLC
Oct 26, 2015
—
Wong,yim P Trust
Wong,yim P
Quit Claim Deed
related
—
Aug 29, 2005
—
Yim P Wong
Wong,lai H
Quit Claim Deed
related
—
Aug 29, 2005
$1,980,000
Yim P Wong
Behrens Family
Grant Deed
$990,000 · Standard Bank & Trust
Nov 29, 2004
—
Behrens Family
Behrens LLC
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 202 Hellman Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
