Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,640,000
Auto shops
2401 Atlantic Blvd Monterey Park, CA 91754-6807
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-8749252
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Construction
TILT-UP CONCRETE
Total area
38,021 SF
Lot
3.48 ac (151,678 SF)
Zoning code
MPC2*
APN
5251-031-015
UPID
US09-8749252
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
-
Camino Real Chevrolet Car Dealership Auto Repair Shop
-
Camino Real Chevrolet Service & Parts Auto Repair Shop
-
Chevrolet Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.31M
Blend (final)
Blend
$10.64M
Owner & transaction history
Southern California Edison Company · 1 yrs held
Southern California Edison Company
since 2025
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
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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$17,585,000
Current use
MEDICAL BUILDING
$17,285,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$14,720,000
Change: -16% · Conversion: Difficult
RETAIL STORES
$14,570,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$10.64M
Range $9.58M – $11.70M · ±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
$280 / 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
$104,546
Tax year 2024
Assessed value
$7,369,240
Assessed 2024
Previous assessed
$7,369,240
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$3,840,634
Assessed improvement
$3,528,606
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Total area
38,021 SF
Lot
3.48 ac (151,678 SF)
Zoning code
MPC2*
APN
5251-031-015
UPID
US09-8749252
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$17.6M
MEDICAL BUILDING
Est. value
$17.3M
OFFICE BUILDING
Est. value
$14.7M
RETAIL STORES
Est. value
$14.6M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Lot
3.48 ac
Current owner
From public records · entity-resolved
Southern California Edison Company
Entity
Mailing address
2401 S ATLANTIC BLVD, MONTEREY PARK, CA 91754-6807
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
—
Southern California Edison Company
2401 Sab LLC
Deed
—
Jun 24, 2024
—
Lizbeth Victoria Hernandez
Lizbeth Victoria Hernandez
Deed
related
—
Oct 3, 2017
—
Mike A Hernandez
—
Deed
related
$2,601,354 · Americredit Financial Services INC
Jan 30, 2017
—
2401 Sab LLC
2601 Sab LLC
Quit Claim Deed
related
—
Jan 26, 2017
—
2601 Sab LLC
Hernandez Mike A Trust
Quit Claim Deed
—
Jan 6, 2017
—
Hernandez,rosa 2016 Trust
Hernandez Mike A Trust
Quit Claim Deed
related
—
Dec 2, 2013
—
Hernandez,mike A Trust
Hernandez,mike A
Quit Claim Deed
related
—
—
—
Mike A Hernandez
—
Loan Modification
related
$2,875,000 · Gm Fin'l
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 2401 Atlantic Blvd?
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.
