Technical
Financial
Distress signals
Property profile

312 Garfield Ave Monterey Park, CA 91754

OFF-MARKET
Office buildings
Property ID
US09-7768663
6,935 SF 0.4 ac lot Built 2002
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2002
Construction TILT-UP CONCRETE
Total area 6,935 SF
Lot 0.4 ac (17,297 SF)
Zoning code MPC3*
APN 5255-009-019
UPID US09-7768663

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Medical Clinic

Location

312 Garfield Ave Monterey Park, CA 91754-1707
Monterey Park metro Census 481711 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.32M
Blend (final) Blend
$5.35M

Owner & transaction history

since 2021
Last sale
$5.2M
7 recorded transactions
2021
$5.2M
2018
Price N/A
2009
Price N/A
2009
Price N/A
2005
Price N/A
2002
Price N/A
2001
$650,000

Zoning & alternative use

MPC3* · Monterey Park, CA
Top alternative use upside
Restaurant $4.5M +68.2%
Neighborhood: shopping center $4.2M +57.2%
Auto repair, garage $3.2M +19.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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