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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
2150 Garfield Ave Monterey Park, CA 91754-6630
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7542894
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
2,829 SF
Lot
0.11 ac (4,579 SF)
Zoning code
MPC4*
APN
5274-020-001
UPID
US09-7542894
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
-
DreamHouse Real Estate Real Estate Agency
-
Pacific West Mortgage & Real Estate Inc. Real Estate Agency
-
The La Homeboy Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$500k
Owner & transaction history
Munguia Family Trust · 8 yrs held
Munguia Family Trust
since 2017
7 recorded transactions
Zoning & alternative use
MPC4* · 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
$500k
Range $450k – $550k · ±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
$177 / 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
$2,135
Tax year 2024
Assessed value
$119,394
Assessed 2024
Previous assessed
$119,394
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$43,230
Assessed improvement
$76,164
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,829 SF
Lot
0.11 ac (4,579 SF)
Zoning code
MPC4*
APN
5274-020-001
UPID
US09-7542894
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC4* · Monterey Park, CA
Zoning MPC4* · permitted uses
MPC4* · 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
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Munguia Family Trust
Trust
Mailing address
2091 VERDE VIS DR, MONTEREY PARK, CA 91754-2136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
David S Munguia
—
Deed
related
$75,000 · Asian Pacific National Bank
Jun 17, 2020
—
David S Munguia
—
Deed
related
$400,000 · Asian Pacific National Bank
Jan 9, 2019
—
David S Munguia
—
Deed
related
$75,000 · Asian Pacific National Bank
Nov 2, 2017
—
Munguia Family Trust
Munguia,david
Quit Claim Deed
related
—
May 24, 2017
—
David Munguia
—
Deed
related
$300,000 · Cathay Bank
Nov 28, 2005
—
David Munguia
Munguia,esther
Quit Claim Deed
related
—
Nov 13, 2001
—
Esther Munguia
Mungu
Quit Claim Deed
related
—
Aug 23, 1972
—
—
—
Grant Deed
related
—
—
—
Esther Munguia
—
Deed Of Trust
related
$11,500 · Trust Savings Bank
—
—
David Munguia
—
Deed Of Trust
related
$70,000 · Asian Pacific National Bank
—
—
Jorda
—
Deed Of Trust
related
$1,200 · Zieff Linda G
—
—
David Munguia
—
Deed Of Trust
related
$100,000 · Cathay Bank
—
—
David Munguia
—
Deed Of Trust
related
$217,000 · Cathay Bank
—
—
Esther Munguia
—
Deed Of Trust
related
$100,000 · Cathay Bank
—
—
David Munguia
—
Deed Of Trust
related
$285,000 · Asian Pacific National Bank
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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