Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    218 Nicholson Ave Monterey Park, CA 91755-1833

    • Apartment buildings
    • 8,273 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $3,105,000
    Last Sale
    May 22, 2025
    $3,450,000
    Location Intelligence
    Property ID
    US09-7757343
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 218 Nicholson Ave

    Year built
    1969
    Construction
    WOOD
    Lot size
    0.39 lot acres
    Property size
    8,273 SF
    Zone code
    MPR3YY
    Property type
    Apartment buildings
    APN
    5255-019-027
    APU
    5255019027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,375,000
      6.5%
      $3,020,000
      7%
      $3,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,810,000
      Geo Method
      $3,735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,315,000
      Retail
      $3,620,000
      Mixed-Use
      $3,055,000
      Hospitality
      $2,855,000
      Educational
      $3,270,000
      Residential Income
      $3,215,000
      Energy
      $2,995,000
      Income-Based Land
      $3,155,000
      Food Service
      $2,710,000

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.118
    Latitude
    34.0645
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $44,784
    $2,080,800
    $1,248,480
    $3,329,280
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,983 SF

      220 Lincoln Ave

      APARTMENT HOUSE (5+ UNITS) • 10,983 SF
      220 Lincoln Ave, Monterey Park, CA 91755-1736
      View Details
    • Value Estimation by Request
      10,789 SF

      515 New Ave

      APARTMENT HOUSE (5+ UNITS) • 10,789 SF
      515 New Ave, Monterey Park, CA 91755-1439
      View Details
    • Value Estimation by Request
      4,749 SF

      328 Newmark Ave

      APARTMENT HOUSE (5+ UNITS) • 4,749 SF
      328 Newmark Ave, Monterey Park, CA 91755-2960
      View Details
    • Value Estimation
      $4,385,000
      11,191 SF

      202 Hellman Ave

      APARTMENT HOUSE (5+ UNITS) • 11,191 SF
      202 Hellman Ave, Monterey Park, CA 91755-1237
      View Details
    • Value Estimation by Request
      6,693 SF

      504 Lincoln Ave

      APARTMENT HOUSE (5+ UNITS) • 6,693 SF
      504 Lincoln Ave, Monterey Park, CA 91755-1215
      View Details
    • Value Estimation by Request
      23,424 SF

      318 Lincoln Ave

      APARTMENT HOUSE (5+ UNITS) • 23,424 SF
      318 Lincoln Ave, Monterey Park, CA 91755-1764
      View Details

    Similar Nearby for Sale

    • $1,799,000
      3,461 SF

      Monterey Park Multi-Family Investment

      Five-unit property in a desirable Monterey Park neighborhood.
      719 E Mabel Ave, Monterey Park, CA 91755
      View Details
    • $2,050,000

      Monterey Park Investment Opportunity

      Multifamily property in prime location with high rental income.
      418 S Lincoln Ave, Monterey Park, CA 91755
      View Details
    • $1,200,000

      Monterey Park Triplex with Income

      Triplex in great location with income potential and large lot.
      346 E Graves Ave, Monterey Park, CA 91755
      View Details
    • $1,625,000
      2,237 SF

      Two Detached Homes, One Lot

      Two detached homes on one lot in Monterey Park.
      607 Sefton Ave, Monterey Park, CA 91755
      View Details
    • $1,200,000
      2,080 SF

      Monterey Park Quadruplex For Sale

      Quadruplex in Monterey Park, CA, with 2,080 square feet.
      117 Gladys Ave, Monterey Park, CA 91755
      View Details
    • $1,250,000

      Monterey Park Four-Unit Property

      Four units in excellent condition with upgrades and amenities.
      829 Hershey Ave, Monterey Park, CA 91755
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo

      Retail Space on Garvey Avenue

      Corner lot retail space available for lease on Garvey Avenue.
      710 E Garvey Ave, Monterey Park, CA 91755
      View Details
    • $2.00 SF/Yr
      15,256 SF

      Flexible Office Space Available

      Move-in ready office suites with various configurations and amenities.
      1166 W Garvey Ave, Monterey Park, CA 91755
      View Details
    • Contact for pricing

      Fully Leased Office Building

      Office building in Monterey Park, CA, currently 100% leased.
      735 W Emerson Ave, Monterey Park, CA 91755
      View Details
    • $27 SF/Yr
      10,997 SF

      Infinite Professional Center: Rosemead

      Medical Office Suites Available, Rosemead, CA
      7422 Garvey Ave, Rosemead, CA 91755
      View Details
    • $1.05 SF/Yr
      45,225 SF

      Monterey Park Distribution Warehouse Space

      Distribution warehouse with freeway access, available for lease.
      521 Atlas Ave, Monterey Park, CA 91755
      View Details
    • $2,661 /Mo

      Vacant Property in Good Location

      Vacant property suitable for office or retail use.
      745 E Garvey 201, Monterey Park, CA 91755
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    218 Nicholson Ave
    Monterey Park, CA 91755-1833
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.