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Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Apartment buildings
504 Lincoln Ave Monterey Park, CA 91755-1215
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6432052
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1917
Construction
WOOD
Total area
6,693 SF
Lot
0.39 ac (17,005 SF)
Zoning code
MPR3YY
APN
5255-015-017
UPID
US09-6432052
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
-
Howard & Sons Plumbers Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Chu,f & E Family Trust · 8 yrs held
Chu,f & E Family Trust
since 2017
7 recorded transactions
Zoning & alternative use
MPR3YY · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,795,000
6.5%
$1,655,000
7%
$1,540,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,905,000
Current use
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±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
$33,548
Tax year 2024
Assessed value
$2,497,200
Assessed 2024
Previous assessed
$2,497,200
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,884,232
Assessed improvement
$612,968
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
1917
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
12
Bathrooms
4
Total area
6,693 SF
Lot
0.39 ac (17,005 SF)
Zoning code
MPR3YY
APN
5255-015-017
UPID
US09-6432052
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPR3YY · Monterey Park, CA
Zoning MPR3YY · permitted uses
MPR3YY · 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
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
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
1917
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
12
Bathrooms
4
Lot
0.39 ac
Current owner
From public records · entity-resolved
Chu,f & E Family Trust
Trust
Mailing address
413 W LONGDEN AVE, ARCADIA, CA 91007-8128
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Apr 8, 2019
—
Felipe L Chu
—
Deed
related
$1,205,000 · Jpmorgan Chase Bank NA
Jul 28, 2017
—
Chu,f & E Family Trust
Chu F & E Family Trust
Quit Claim Deed
related
—
Jan 6, 2017
—
Felipe L Chu
—
Deed
related
$830,000 · Jpmorgan Chase Bank NA
Oct 9, 2015
—
Chu,f & E Family Trust
Chu F & E Family Trust
Quit Claim Deed
related
—
Sep 18, 2015
—
Felipe L Chu
Chu,erlinda T
Affidavit Of Death
related
—
Apr 20, 2010
—
Felipe L Chu
Chu,felipe L & Erlinda T
Quit Claim Deed
related
—
May 9, 2007
$2,080,000
Felipe Y Chu
Louie,thomas L & Lilian Y
Grant Deed
$930,000 · Alliance Bank
Jun 8, 2005
—
Thomas Lim Louie
Catherine Yunqing Liu Lee
Grant Deed
$1,062,000 · Washington Mutual Bank Fa
Sep 30, 2004
—
Lee Catherine Y L Trust
Lee,catherine Y L
Quit Claim Deed
related
—
Mar 12, 2004
$1,300,000
Catherine Y Lee
Tran,kevin
Grant Deed
$940,000 · Cathay Bank
—
—
Levom Tran
—
Deed Of Trust
related
$730,000 · Far East National Bank
—
—
Thanh T Tran
—
Deed Of Trust
related
$325,000 · Los Angeles National Bank
—
—
Lee Catherine Y L Trust
—
Deed Of Trust
related
$120,000 · Cathay 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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