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    Property profile & analytics

    245 Garvey Ave Monterey Park, CA 91755-1811

    • Retail space
    • 2,000 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US09-8767678
    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

    • United States Postal Service / Post Office / Logistics Service
    • GA Public Adjusters / Insurance Agency
    • Peace Lawn / Pet Cemetery / Cremation Service
    • SAVATE (Grivot&Lee LLC) / Shoe Store

    Property Details for 245 Garvey Ave

    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    2,000 SF
    Zone code
    MPC4*
    Property type
    Retail space
    APN
    5255-017-012
    APU
    5255017012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $420,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $385,000
      Mixed-Use
      $370,000
      Hospitality
      $310,000
      Educational
      $435,000
      Residential Income
      $390,000
      Energy
      $420,000
      Income-Based Land
      $420,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.12
    Latitude
    34.0628
    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
    $2,379
    $77,659
    $66,109
    $143,768
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,092 SF

      215 Garvey Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,092 SF
      215 Garvey Ave, Monterey Park, CA 91755-1811
      View Details
    • Value Estimation by Request
      2,400 SF

      381 Garvey Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      381 Garvey Ave, Monterey Park, CA 91755-1813
      View Details
    • Value Estimation by Request
      2,900 SF

      239 Pomona Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,900 SF
      239 Pomona Blvd, Monterey Park, CA 91755-7226
      View Details
    • Value Estimation
      $1,535,000
      2,316 SF

      726 Garvey Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,316 SF
      726 Garvey Ave, Monterey Park, CA 91755-3050
      View Details
    • Value Estimation
      $285,000
      948 SF

      256 Garvey Ave

      RETAIL STORES (PERSONAL SERVICES) • 948 SF
      256 Garvey Ave, Monterey Park, CA 91755-1849
      View Details
    • Value Estimation
      $255,000
      1,000 SF

      345 Garvey Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      345 Garvey Ave, Monterey Park, CA 91755-1891
      View Details

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    Similar Nearby for Lease

    • $2,400 /Mo

      Retail Space on Garvey Avenue

      Corner lot retail space available for lease on Garvey Avenue.
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      View Details
    • $2,661 /Mo

      Vacant Property in Good Location

      Vacant property suitable for office or retail use.
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    • Contact for pricing
      800 SF

      1975 Potrero Grande Dr

      Office Properties & Spaces
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      View Details
    • $54 SF/Yr
      2,823 SF

      Jade Plaza: Monterey Park Office/Retail

      Modern Office & Retail Suites in Prime Location
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      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
    • Contact for pricing

      Monterey Park Office Space Available

      Second-story office unit in desirable Monterey Park location.
      539 E Garvey Ave, Monterey Park, CA 91755
      View Details
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    Monterey Park, CA 91755-1811
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    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
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