Technical
Financial
Distress signals
Property profile

616 Garfield Ave Monterey Park, CA 91754

OFF-MARKET
Office buildings
Property ID
US09-6432071
18,315 SF 0.81 ac lot Built 1963
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1963
Construction STEEL FRAME
Total area 18,315 SF
Lot 0.81 ac (35,350 SF)
Zoning code MPOP*
APN 5255-011-018
UPID US09-6432071

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Acupuncture
  • Physician
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

616 Garfield Ave Monterey Park, CA 91754-1141
Monterey Park metro Census 481711 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.57M
Comparable Approach Comparable
$4.86M
Blend (final) Blend
$4.80M

Owner & transaction history

since 2012
7 recorded transactions
2012
Price N/A
2012
Price N/A
2003
Price N/A
1991
$2.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MPOP* · 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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