Property profile

511 Nicholson Ave Monterey Park, CA 91755

OFF-MARKET
Apartment buildings
Property ID
US09-6431992
4,800 SF 0.39 ac lot Built 1956
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1956
Construction WOOD
Total area 4,800 SF
Lot 0.39 ac (17,166 SF)
Zoning code MPR3YY
APN 5255-015-002
UPID US09-6431992

Cap rate & NOI

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

Location

511 Nicholson Ave Monterey Park, CA 91755-2300
Monterey Park metro Census 481711 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$1.9M
4 recorded transactions
2025
Price N/A
2025
$1.9M
2008
Price N/A
1992
$480,000

Zoning & alternative use

MPR3YY · Monterey Park, CA

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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