Technical
Financial
Distress signals
Property profile

234 Garfield Ave D Monterey Park, CA 91754

OFF-MARKET
Medical Office Space
Property ID
US09-8644935
1,373 SF 0.07 ac lot Built 1950
Trust Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A stand-alone, single-story commercial building is located along South Garfield Avenue in Monterey Park, with direct street frontage and a storefront designed for high visibility to passing vehicular and pedestrian traffic. The building features a flexible, open interior layout that can accommodate a range of commercial uses such as retail, office, medical, or professional services, subject to verification of permitted zoning and use restrictions. The site is positioned within an established commercial area adjacent to dense residential neighborhoods, with nearby residential units, schools, shops, and dining that support pedestrian activity. Access is provided to Garvey Avenue and the I-10 Freeway, and the area is characterized by a Walk Score of 90 and a Bike Score of 50.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Construction WOOD
Total area 1,373 SF
Lot 0.07 ac (3,075 SF)
Zoning code MPC3*
APN 5257-015-011
UPID US09-8644935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Financial Advisor
  • Employment Agency

Location

234 Garfield Ave, Unit D Monterey Park, CA 91754-2904
Monterey Park metro Census 482201 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2007
5 recorded transactions
2007
Price N/A
2001
Price N/A
1996
$150,000
1995
$150,000
1969
Price N/A

Zoning & alternative use

MPC3* · Monterey Park, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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