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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Apartment buildings
423 Chandler Ave Monterey Park, CA 91754-7719
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7588071
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1956
Construction
WOOD
Total area
4,566 SF
Lot
0.43 ac (18,920 SF)
Zoning code
MPSP*
APN
5256-002-006
UPID
US09-7588071
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Man E-j 2017 Family Trust · 7 yrs held
Man E-j 2017 Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
MPSP* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.3M
+5.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,270,000
Current use
WAREHOUSE, STORAGE
$1,340,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
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
$184 / 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
$15,452
Tax year 2024
Assessed value
$1,037,827
Assessed 2024
Previous assessed
$1,037,827
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$506,909
Assessed improvement
$530,918
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Units
7
Bathrooms
7
Total area
4,566 SF
Lot
0.43 ac (18,920 SF)
Zoning code
MPSP*
APN
5256-002-006
UPID
US09-7588071
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPSP* · Monterey Park, CA
Zoning MPSP* · permitted uses
MPSP* · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1956
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
4
Units
7
Bathrooms
7
Lot
0.43 ac
Current owner
From public records · entity-resolved
Man E-j 2017 Family Trust
Trust
Mailing address
319 S 5TH ST, ALHAMBRA, CA 91801-3750
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2019
—
Man E-j 2017 Family Trust
Man,johnson & Elsa D
Correction Deed
related
—
May 1, 2018
—
Man E-j 2017 Family Trust
Man,johnson & Elsa D
Quit Claim Deed
—
Dec 12, 2017
—
Elsa Deng Man
—
Deed
related
$400,000 · East West Bank
Dec 6, 2017
—
Man E & J 2017 Family Trust
Man E & J 2017 Family Trust
Quit Claim Deed
related
—
Nov 29, 2017
—
Man E & J 2017 Family Trust
Man,johnson & Elsa D
Quit Claim Deed
related
—
Oct 25, 2017
—
Man E-j 2017 Family Trust
Man,johnson & Elsa D
Quit Claim Deed
related
—
May 24, 2002
$695,000
Johnson Man
Ko,tr
Grant Deed
$300,000 · Standard Savings Bank
Aug 6, 1997
—
Ko,herman H & Lingoi Co-trustees
Ko,h & L
Quit Claim Deed
related
—
Feb 19, 1988
$440,000
Hungyum Ko
Sull
Grant Deed
$315,000 · Fidelity Federal Bank
—
—
Hungyum Ko
—
Deed Of Trust
related
$15,000 · Nijjar Trust
—
—
Johnson Man
—
Deed Of Trust
related
$650,000 · Tomatobank NA
—
—
Johnson Man
—
Deed Of Trust
related
$600,000 · East West Bank
—
—
Ko Hungyum
—
Deed Of Trust
related
$385,000 · Glendale Federal Bank
—
—
Hungyum Ko
—
Deed Of Trust
related
$60,000 · California Residential Home Lo
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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