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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Auto shops
454 Garvey Ave Monterey Park, CA 91755-1969
Trust Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8297194
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1974
Construction
WOOD
Total area
2,700 SF
Lot
0.14 ac (6,000 SF)
Zoning code
MPCM*
APN
5259-015-044
UPID
US09-8297194
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
-
R.M. Body Shop Auto Repair Shop
-
Cheap Car Insurance Monterey Park Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.24M
Owner & transaction history
Mok Ka & Ling Family Trust · 17 yrs held
Mok Ka & Ling Family Trust
since 2008
7 recorded transactions
Zoning & alternative use
MPCM* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+31.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,250,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,645,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,225,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,035,000
Change: -17% · Conversion: Difficult
OFFICE BUILDING
$1,020,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$457 / 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
$12,216
Tax year 2024
Assessed value
$878,887
Assessed 2024
Previous assessed
$878,887
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$620,190
Assessed improvement
$258,697
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,700 SF
Lot
0.14 ac (6,000 SF)
Zoning code
MPCM*
APN
5259-015-044
UPID
US09-8297194
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPCM* · Monterey Park, CA
Zoning MPCM* · permitted uses
MPCM* · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mok Ka & Ling Family Trust
Trust
Free & Clear · 17 yrs held
Mailing address
1988 CERCO ALTA DR, MONTEREY PARK, CA 91754-2215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2008
$650,000
Mok Ka & Ling Family Trust
Mok Ka & L Family Trust
Grant Deed
related
—
Aug 21, 2006
—
Mok Ka & Ling Family Trust
Mok,ka S
Quit Claim Deed
related
—
Mar 4, 2002
$500,000
Ka S Mok
Meza,ruben A & Marcela C
Grant Deed
—
Aug 28, 1996
—
Ruben A Meza
Meza,r A
Quit Claim Deed
related
—
Oct 22, 1993
—
Ruben A Meza
—
Deed Of Trust
related
—
Feb 9, 1990
—
Meza Ruben
Meza Raul
Quit Claim Deed
related
$85,000 · Pan American Bank
—
—
Ruben A Meza
—
Deed Of Trust
related
$210,700 · Pan American Bank
—
—
Ruben A Meza
—
Deed Of Trust
related
$25,000 · Individual
—
—
Meza Ruben A
—
Deed Of Trust
related
$101,000 · Meza Ruben&carme
—
—
Ruben A Meza
—
Deed Of Trust
related
$55,000 · Individual
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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