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Property profile & analytics

2428 S Garfield Ave Monterey Park, CA 91754

  • Turn key restaurants
  • 2,171 SF
  • 0.19 lot acres
Value Estimation
Last Sale
Aug 03, 2021
$800,008
Location Intelligence
Property ID
US09-7543249
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

  • Venice Room / Bar / Lounge

Property Details for 2428 S Garfield Ave

Year built
1952
Construction
TILT-UP CONCRETE
Lot size
0.19 lot acres
Property size
2,171 SF
Zone code
MPC4*
Property type
Turn key restaurants
APN
5265-012-018
APU
5265012018

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $750,000
  • CAP approach

    CAP return
    Estimation
    6%
    $855,000
    6.5%
    $770,000
    7%
    $750,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $850,000
    Geo Method
    $830,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $855,000
    Retail
    $690,000
    Mixed-Use
    $870,000
    Hospitality
    $920,000
    Educational
    $940,000
    Residential Income
    $930,000
    Energy
    $865,000
    Income-Based Land
    $685,000
    Food Service
    $845,000

Location Insight

  • Map
  • Local Demand
City
Monterey Park
County
Los Angeles
State
California
Longitude
-118.13
Latitude
34.0341
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
$19,894
$728,280
$513,957
$1,242,237
-
$0.00
$0.00
$0.00
More about this property
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