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Property profile & analytics
OFF-MARKET Estimated value $43,830,000
Office buildings

2530 Corporate Pl Monterey Park, CA 91754-7638

116,480 SF 11.81 ac lot Built 1988
Entity Owned 3-yr Hold Free & Clear
Property ID
US09-8546916
Property summary
AI-generated overview

This exceptional Monterey Park industrial property offers 199,056 square feet of total building space, currently configured as a single suite. The property boasts a highly desirable location within the Monterey Park submarket of Los Angeles County. A significant advantage is the availability of 3,030 square feet of immediately available flex space, ideal for a variety of businesses. While the total number of parking spaces is currently listed as zero, further details regarding parking solutions can be provided upon request. The property's attractive landscaping features tree-lined walkways surrounding six two-story buildings, creating a pleasant and functional environment. This offering presents a unique opportunity to secure space in a well-established and reputable Monterey Park location. The property's size and layout make it suitable for a range of industrial and flex-space users. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this property for their specific business needs. The property's location within the Monterey Park submarket cluster offers excellent access to transportation routes and local amenities. The available space is ready for immediate occupancy, providing a seamless transition for businesses seeking a new location. The property's single-suite configuration offers flexibility for customization and tenant improvements.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction TILT-UP CONCRETE
Total area 116,480 SF
Lot 11.81 ac (514,259 SF)
Zoning code MPC2
APN 5237-024-056
UPID US09-8546916
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
  • Multin Electric Electrical Service General Contractor
  • L.T.J Apparel Clothing Store
  • Global Paper Trading Corporation Distribution Center
  • Sun Power Lighting Factory Industrial Manufacturer
  • Bank Card Services Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$41.79M
Comparable Approach Comparable
$55.69M
Blend (final) Blend
$43.83M
Owner & transaction history
B9 Sequoia Monterey Owner LP · 3 yrs held
B9 Sequoia Monterey Owner LP
since 2022
Last sale
$45.9M
3 recorded transactions
2022
Price N/A
2022
$45.9M
1990
$18.5M
Zoning & alternative use
MPC2 · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $70.9M +57.2%
Auto repair, garage $53.9M +19.5%
Medical building $53.0M +17.4%
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