New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,740,000
Warehouses
2630 Corporate Pl, Monterey Park, CA 91754-7645
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7815745
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
22,275 SF
Lot
1.86 ac (81,069 SF)
Zoning code
MPC2*
APN
5237-024-029
UPID
US09-7815745
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
-
Attrack Power Hosiery Big Box & Wholesale Store
-
TOK Law Accident Attorneys Law Firm
-
Monterey Park Business Center Business Service Center Corporate Office
-
Ttokamsa Mission Church (또감사교회) Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.49M
Blend (final)
Blend
$7.74M
Owner & transaction history
P & Z Group LLC · 2 yrs held
P & Z Group LLC
since 2023
Last sale
$7.2M
6 recorded transactions
Zoning & alternative use
MPC2* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.3M
+57.4%
Medical building
$10.1M
+54.7%
Office building
$8.6M
+31.8%
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
$8,315,000
ML approach
$8,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,545,000
Current use
AUTO REPAIR, GARAGE
$10,305,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$10,125,000
Change: +55% · Conversion: Difficult
OFFICE BUILDING
$8,625,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$8,535,000
Change: +30% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,885,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.74M
Range $6.97M – $8.51M · ±10% · vs last sale $7.22M (Dec 20 2023)
Last sale anchor
$7.22M
Dec 20 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
$347 / 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
$100,825
Tax year 2024
Assessed value
$7,158,487
Assessed 2024
Previous assessed
$7,158,487
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$4,178,106
Assessed improvement
$2,980,381
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
22,275 SF
Lot
1.86 ac (81,069 SF)
Zoning code
MPC2*
APN
5237-024-029
UPID
US09-7815745
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
WAREHOUSE, STORAGE Current
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$10.1M
OFFICE BUILDING
Est. value
$8.6M
RETAIL STORES
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$6.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
P & Z Group LLC
Entity
Mailing address
300 W VLY BLVDPMB1617, ALHAMBRA, CA 91803-3338
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$7,220,000
P & Z Group LLC
2000 Gold Limited Partnership
Grant Deed
$3,650,000 · East West Bank
May 28, 2021
—
2000 Gold Limited Partnership
—
Deed
related
$3,000,000 · Ctbc Bank Corp USA
Sep 1, 2015
$6,168,000
2000 Gold Limited Partnership
3630 Corporate Place LLC
Grant Deed
$3,750,000 · First Bank
Mar 15, 2007
$5,200,000
2630 Corporate Place LLC
Corporate Realty Income Fund I
Grant Deed
$3,920,000 · Bank Of America
Oct 1, 1996
—
Realty Income Fund I Corporate
—
Deed Of Trust
related
$24,000,000 · Fleet Bank
—
—
Corporate Realty
—
Deed Of Trust
related
$7,800,000 · Pittsburg Natl
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 2630 Corporate Pl?
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.
