New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Office buildings
441 Garfield Ave, Monterey Park, CA 91754-3318
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7587888
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
WOOD
Total area
2,972 SF
Lot
0.19 ac (8,427 SF)
Zoning code
MPC4*
APN
5257-012-049
UPID
US09-7587888
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
-
Lucky Freight Inc Freight Service Logistics Company
-
Prosigns & Printing Inc (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.08M
Owner & transaction history
Sg441 LLC · 14 yrs held
Sg441 LLC
since 2011
7 recorded transactions
Zoning & alternative use
MPC4* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+19.5%
Medical building
$1.4M
+17.4%
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%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,150,000
Current use
AUTO REPAIR, GARAGE
$1,375,000
Change: +19% · Conversion: Difficult
MEDICAL BUILDING
$1,350,000
Change: +17% · Conversion: Easy
RETAIL STORES
$1,140,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±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
$363 / 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
$13,413
Tax year 2024
Assessed value
$985,131
Assessed 2024
Previous assessed
$985,131
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$554,137
Assessed improvement
$430,994
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,972 SF
Lot
0.19 ac (8,427 SF)
Zoning code
MPC4*
APN
5257-012-049
UPID
US09-7587888
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC4* · Monterey Park, CA
Zoning MPC4* · permitted uses
MPC4* · 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
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1986
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Sg441 LLC
Entity
Mailing address
509 LAS TUNAS DR, ARCADIA, CA 91007-8426
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Aug 15, 2011
—
Sg441 LLC
Shen,gang
Grant Deed
—
Mar 11, 2011
$800,000
Gang Shen
Bank Of America
Grant Deed
$480,000 · Bank Of The West
Sep 1, 2010
$933,741
Bank Of America
Chicago Title Co
Trustees Deed
related
—
Sep 24, 2009
—
Wenson Quach
Lu,chang K
Quit Claim Deed
related
—
Sep 2, 2009
$1,000,000
Chang K Lu
Lu,chang K
Quit Claim Deed
related
—
Jul 28, 2006
$1,020,000
Chang K Lu
Garfield View LLC
Grant Deed
$918,000 · United Commercial Bank
Sep 15, 2005
—
Garfield View LLC
Tam,wing
Grant Deed
—
Jun 1, 2005
—
Wing Tam
Tam,siming
Quit Claim Deed
related
—
Jun 1, 2005
$853,000
Wing Tam
International Buddhist Progres
Grant Deed
$550,000 · Preferred Bank
Sep 26, 1988
$730,000
Intl Buddhist Pr
Higas
Grant Deed
$430,000 · General Bank
—
—
Garfield View LLC
—
Deed Of Trust
related
$600,000 · Preferred Bank
—
—
Chang K Lu
—
Deed Of Trust
related
$1,000,000 · Bank Of America
—
—
Chang K Lu
—
Deed Of Trust
related
$100,000 · Yolanda Hong
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 441 Garfield Ave?
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.
