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Property profile & analytics
OFF-MARKET
Office buildings
223 Garvey Ave Ste 108, Monterey Park, CA 91755-1861
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7819079
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Construction
WOOD
Total area
889 SF
Lot
0.25 ac (11,026 SF)
Zoning code
MPC2*
APN
5255-017-071
UPID
US09-7819079
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Yjsw LLC · 7 yrs held
Yjsw LLC
since 2018
7 recorded transactions
Zoning & alternative use
MPC2* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,508
Tax year 2024
Assessed value
$329,074
Assessed 2024
Previous assessed
$329,074
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$122,704
Assessed improvement
$206,370
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Total area
889 SF
Lot
0.25 ac (11,026 SF)
Zoning code
MPC2*
APN
5255-017-071
UPID
US09-7819079
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC2* · Monterey Park, CA
Zoning MPC2* · permitted uses
MPC2* · 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
1940
Construction
WOOD
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Yjsw LLC
Entity
Mailing address
1932 LA FREMONTIA ST, SOUTH PASADENA, CA 91030-4227
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2018
—
Yjsw LLC
Kwan,yuk C
Quit Claim Deed
related
—
Aug 20, 2018
—
Yuk C Kwan
Slk-wkk 2002 Family Trust
Quit Claim Deed
related
—
Feb 14, 2018
—
Yuk C Kwan
Slk-wkk 2002 Family Trust
Quit Claim Deed
related
—
Aug 25, 2014
$3,080,000
Slk-wkk 2002 Family Trust
Somerset Homes LLC
Grant Deed
—
Aug 15, 2007
$2,800,000
Somerset Homes LLC
Sun,zing-yo
Grant Deed
$1,755,000 · Evertrust Bank
Jan 24, 2003
$1,810,000
Zing-yo Sun
Liang INC
Grant Deed
$430,000 · First Commercial Bank
Jul 12, 2000
$80,000
Liangs Enterprises
Chu,joseph & Ellen
Grant Deed
$50,000 · Omni Bank
Aug 10, 1999
$1,160,000
Liangs Enterprise
Omni Bank
Grant Deed
$480,000 · Omni Bank
Nov 23, 1998
$1,260,424
Omni Bank
Tsai,david & Milly
Trustees Deed
related
—
Sep 9, 1994
—
David Tsai
Garvey Court Professional,
Grant Deed
related
—
—
—
Court Professional Partne Garvey
—
Deed Of Trust
related
$150,000 · Cathay Bank
—
—
Liang INC
—
Deed Of Trust
related
$670,000 · United California Bank
—
—
Zing-yo Sun
—
Deed Of Trust
related
$1,000,000 · United 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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