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Property profile & analytics
OFF-MARKET
Estimated value
$33,045,000
Hospitals
525 Garfield Ave Monterey Park, CA 91754-1202
Individually Owned
34-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9307148
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1971
Construction
CONCRETE
Total area
153,798 SF
Lot
3.84 ac (167,194 SF)
Zoning code
MPOP
APN
5255-002-089
UPID
US09-9307148
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
-
Centro Medico Garfield Crisis Center Medical Clinic
-
Hospital Hospital
-
Rajan Vigna MD Pediatrician Medical Clinic
-
Min-O Chuang, NP Physician
-
Dr. Yan Wang, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$44.87M
Comparable Approach
Comparable
$35.33M
Blend (final)
Blend
$33.05M
Owner & transaction history
Nme Hospitals · 34 yrs held
Nme Hospitals
since 1991
7 recorded transactions
Zoning & alternative use
MPOP · 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%
$48,610,000
6.5%
$44,870,000
7%
$41,665,000
Blend value · Realmo final
$33.05M
Range $29.74M – $36.35M · ±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
$215 / 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
$336,727
Tax year 2024
Assessed value
$24,139,398
Assessed 2024
Previous assessed
$24,139,398
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$8,144,857
Assessed improvement
$15,994,541
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
4
Total area
153,798 SF
Lot
3.84 ac (167,194 SF)
Zoning code
MPOP
APN
5255-002-089
UPID
US09-9307148
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPOP · Monterey Park, CA
Zoning MPOP · permitted uses
MPOP · 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.
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE
Heating
NONE
Stories
4
Buildings
4
Lot
3.84 ac
Current owner
From public records · entity-resolved
Nme Hospitals
Individual
Mailing address
55 S RAYMOND AVE STE #105, ALHAMBRA, CA 91801-7101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2017
—
Garfield Calmed Investments LP
—
Loan Modification
related
$30,000,000 · East West Bk
Dec 11, 2009
—
Garfield Calmed Investment
—
Deed Of Trust
related
$30,000,000 · East West Bank
Dec 10, 2009
—
Garfield Calmed Investment
—
Deed Of Trust
related
$36,888,000 · East West Bank
Oct 25, 2006
—
Garfield Calmed Investment
—
Deed Of Trust
related
$31,500,000 · East West Bank
Aug 2, 1991
$740,000
Nme Hospitals
349 Rampart L P
Trustees Deed
—
Aug 2, 1991
$95,500
349 Rampart L P
Hsieh,frederick
Trustees Deed
related
—
—
—
Garfield Calmed Investment
—
Deed Of Trust
related
$46,800,000 · United National Bank
—
—
Frederic Hsieh
—
Deed Of Trust
related
$480,000 · Monterey Theater
—
—
Garfield Calmed Investment
—
Deed Of Trust
related
—
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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