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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Investment properties
250 Garvey Ave Monterey Park, CA 91755-1849
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7567434
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1946
Construction
WOOD
Total area
1,720 SF
Lot
0.04 ac (1,820 SF)
Zoning code
MPC4*
APN
5257-022-004
UPID
US09-7567434
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
-
S H Gold Bullion Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$705k
Owner & transaction history
Yun Ping Chen · 2 yrs held
Yun Ping Chen
since 2023
Last sale
$700,007
7 recorded transactions
Zoning & alternative use
MPC4* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+97.0%
Auto repair, garage
$795,000
+49.7%
Medical building
$780,000
+47.1%
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
$720,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,045,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$795,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +47% · Conversion: Easy
RETAIL STORES
$660,000
Change: +24% · Conversion: Easy
OFFICE BUILDING
$650,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$505,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $700k (Dec 29 2023)
Last sale anchor
$700k
Dec 29 2023
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
$410 / 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
$9,276
Tax year 2024
Assessed value
$700,000
Assessed 2024
Previous assessed
$700,000
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$455,000
Assessed improvement
$245,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,720 SF
Lot
0.04 ac (1,820 SF)
Zoning code
MPC4*
APN
5257-022-004
UPID
US09-7567434
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC4* · Monterey Park, CA
Zoning MPC4* · permitted uses
MPC4* · 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
COMMERCIAL (GENERAL) Current
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$795,000
MEDICAL BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$660,000
OFFICE BUILDING
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$505,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1946
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Yun Ping Chen
Individual
Mailing address
4968 LOMA AVE, TEMPLE CITY, CA 91780-3018
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
$700,000
Yun Ping Chen
Hugh H Wei
Grant Deed
$600,000 · Chi Ling
Feb 28, 2017
—
Chuan T Chao
Wei,johanna
Quit Claim Deed
related
—
Sep 7, 2016
—
Hugh H Wei
—
Deed
related
$420,000 · American Plus Bank NA
Aug 2, 2010
—
Hugh H Wei
Chuan Tzu Chao
Quit Claim Deed
related
—
Oct 10, 2001
—
Hugh H Wei
Chao,c T
Quit Claim Deed
related
—
Aug 10, 2001
—
Hugh H Wei
Vi,a H
Grant Deed
related
—
Jan 23, 2001
—
Hugh H Wei
Vi,p
Grant Deed
related
—
Mar 9, 1992
$29,545
Phong Vi
Vi,hu T
Grant Deed
related
—
Dec 30, 1988
—
Vi
—
Deed Of Trust
related
—
—
—
Ai H Vi
—
Deed Of Trust
related
$350,000 · Bank Of Trade Securities Corp
—
—
Hu T Vi
—
Deed Of Trust
related
$100,000 · Lippobank
—
—
Hugh H Wei
—
Deed Of Trust
related
$450,000 · First Bank & Trust
—
—
Hugh H Wei
—
Deed Of Trust
related
$481,000 · First Bank
—
—
Hugh H Wei
—
Deed Of Trust
related
$450,000 · First Choice Bank
—
—
Ai H Vi
—
Deed Of Trust
related
$150,000 · Bank Of Trade Securities Corp
—
—
Vi
—
Deed Of Trust
related
$400,000 · Lippobank
—
—
Ai H Vi
—
Deed Of Trust
related
$200,000 · Lippobank
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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