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Property profile & analytics
OFF-MARKET
Retail space
306 Garfield Ave 9 Monterey Park, CA 91754-1769
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-6430798
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
5255-009-063
UPID
US09-6430798
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
Shuang Y Rong · 9 yrs held
Shuang Y Rong
since 2017
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
$4,260
Tax year 2024
Assessed value
$309,044
Assessed 2024
Previous assessed
$309,044
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$154,522
Assessed improvement
$154,522
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
5255-009-063
UPID
US09-6430798
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
Shuang Y Rong
Individual
Mailing address
306 N GARFIELD AVE STE A9, MONTEREY PARK, CA 91754-1770
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2017
—
Shuang Y Rong
Rong Shuang Y Living Trust
Quit Claim Deed
related
—
May 14, 2015
—
Rong,shuang Y Living Trust
Rong Shuang Y
Quit Claim Deed
related
—
Feb 2, 2015
—
Hei|rong Shuang Y Cheung
Cheung,hei
Quit Claim Deed
related
—
Nov 16, 2007
—
Hei Cheung
Rong,shuang Y
Grant Deed
related
—
Feb 23, 2007
—
Shuang Y Rong
Cheung,hei
Quit Claim Deed
related
—
Feb 23, 2007
$249,000
Shuang Y Rong
Kay,shirley L
Grant Deed
$187,500 · United Commercial Bank
Nov 15, 1995
—
Shirley L Kay
Kay S L Trustee,
Quit Claim Deed
related
—
Aug 20, 1992
—
Kay Shirley L Tr
—
Deed Of Trust
related
—
May 8, 1992
—
Shirley L Kay
—
Deed Of Trust
related
—
Jul 18, 1990
$265,000
Leu Ailing
USA Int Business
Grant Deed
$165,000 · United American Bank
Feb 23, 1989
$168,000
Ultimate Exchang
Cheng Tienfu&hua
Trustees Deed
$110,000 · Eastern Savings Bank
—
—
Shirley L Kay
—
Deed Of Trust
related
$91,000 · Standard Savings Bank
—
—
Shirley L Kay
—
Deed Of Trust
related
$100,000 · Standard Savings Bank
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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