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Property profile & analytics
OFF-MARKET
Retail space
306 Garfield Ave 8 Monterey Park, CA 91754-1769
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7356344
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
TILT-UP CONCRETE
Total area
548 SF
Lot
1.55 ac (67,336 SF)
Zoning code
MPC3*
APN
5255-009-062
UPID
US09-7356344
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
-
Above Lash Beauty Hair Salon
-
IndianCricketClub Inc Gym & Fitness Center
-
HipHopDanceClub Inc DJ & Entertainment Nightclub
-
Attentive Care Home Health Care Service
-
AdventureBoatTour Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Youliang Zhao · 4 yrs held
Youliang Zhao
since 2022
Last sale
$365,003
7 recorded transactions
Zoning & alternative use
MPC3* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,059
Tax year 2024
Assessed value
$372,300
Assessed 2024
Previous assessed
$372,300
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$265,200
Assessed improvement
$107,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
548 SF
Lot
1.55 ac (67,336 SF)
Zoning code
MPC3*
APN
5255-009-062
UPID
US09-7356344
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC3* · Monterey Park, CA
Zoning MPC3* · permitted uses
MPC3* · 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.
Building & site characteristics
From public records
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
Youliang Zhao
Individual
Free & Clear · 4 yrs held
Mailing address
209 S RAMONA AVE APT E, MONTEREY PARK, CA 91754-2855
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
$365,000
Youliang Zhao
Sonical International INC
Grant Deed
—
Jan 3, 2017
$320,000
Sonical International INC
Lee Family Trust
Grant Deed
—
May 14, 2004
$247,000
Chia Y Lee
Lu,quyen H & May P
Grant Deed
$132,000 · Evertrust Bank
Dec 24, 1996
$115,000
Kuen Wong
Lu,tony H & Christina T
Grant Deed
—
Mar 2, 1994
$230,000
Lu Quyen H May P
—
Grant Deed
related
—
Feb 3, 1994
$230,000
Quyen H Lu
Kuo,tajin & Tree
Grant Deed
$130,000 · First Continental Bank
—
—
Tajin Kuo
—
Deed Of Trust
related
$155,000 · United National Bank
—
—
Tajin Kuo
—
Deed Of Trust
related
$147,000 · S C F Enterprises INC
—
—
Kuo
—
Deed Of Trust
related
$20,000 · Myriad Capital INC
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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