550 Garfield Ave Monterey Park, CA 91754-3331
Property profile & analytics
550 Garfield Ave, Monterey Park, CA 91754-3331
- Retail space
- 1,937 SF
- 0.15 lot acres
Property ID
US09-7564952
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Country Store Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
Property Details for 550 Garfield Ave
- Year built
- 1961
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Zone code
- MPR3*
- Property type
- Retail space
- APN
- 5257-017-014
- APU
- 5257017014
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 12, 2017 | — | 550 S Garfield Avenue LLC | Deep LLC | Quit Claim Deed | — |
| Mar 17, 2015 | $600,000 | Deep LLC | Armenuhi Avedissian Trust | Grant Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $715,000
- 6.5%
- $660,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $709,000
- AI Estimate
- $490,000
Market price range: $369k - $1.19MMarket price range: $170k - $884k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $740,000 Current use
- AUTO REPAIR, GARAGE
- $895,000 Change: +21% Conversion: Difficult
- MEDICAL BUILDING
- $880,000 Change: +19% Conversion: Difficult
- OFFICE BUILDING
- $750,000 Change: +1% Conversion: Easy
- COMMERCIAL (GENERAL)
- $600,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Longitude
- -118.125
- Latitude
- 34.0554
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,523
$424,179
$282,785
$706,964
-
$0.00
$0.00
$0.00