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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Investment properties
637 Garvey Ave Monterey Park, CA 91754-2705
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8668719
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1962
Construction
TILT-UP CONCRETE
Total area
4,376 SF
Lot
0.2 ac (8,790 SF)
Zoning code
MPC4*
APN
5256-006-043
UPID
US09-8668719
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
-
All County® West Property Management Condominium Rental Agency Executive Suite Rental Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$1.23M
Owner & transaction history
Cain Sanchez JR · 2 yrs held
Cain Sanchez JR
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
MPC4* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+49.7%
Medical building
$2.0M
+47.1%
Office building
$1.7M
+25.3%
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
$1,230,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
$1,475,000
6.5%
$1,365,000
7%
$1,265,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,350,000
Current use
AUTO REPAIR, GARAGE
$2,025,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,990,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$1,695,000
Change: +25% · Conversion: Easy
RETAIL STORES
$1,675,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$1,285,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.20M (Sep 18 2023)
Last sale anchor
$1.20M
Sep 18 2023
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
$280 / 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
$29,344
Tax year 2024
Assessed value
$2,140,000
Assessed 2024
Previous assessed
$2,140,000
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$1,329,000
Assessed improvement
$811,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
4,376 SF
Lot
0.2 ac (8,790 SF)
Zoning code
MPC4*
APN
5256-006-043
UPID
US09-8668719
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPC4* · Monterey Park, CA
Zoning MPC4* · permitted uses
MPC4* · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Cain Sanchez JR
Individual
Mailing address
13751 BREEDERS CUP DR, RANCHO CUCAMONGA, CA 91739-5141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
$1,200,000
Cain Sanchez JR
Robert Wu
Grant Deed
$678,000 · Community Commerce Bank
Apr 4, 2012
—
Wu Robert Trust
Wu,robert
Quit Claim Deed
related
—
Oct 22, 2010
—
Robert Wu
Chen,shu H
Grant Deed
related
—
Sep 23, 2010
—
Robert Wu
Wu Family Trust
Quit Claim Deed
related
—
Nov 30, 2004
$1,320,000
Wu Family Trust
Chu,edward
Grant Deed
—
Aug 2, 1999
$630,000
Edward Chu
Morris,john C & Patricia
Grant Deed
$500,000 · Seller
—
—
John C Morris
—
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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