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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Manufacturing properties
700 Monterey Pass Rd, Monterey Park, CA 91754-3607
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8458538
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1975
Construction
WOOD
Total area
14,073 SF
Lot
0.52 ac (22,772 SF)
Zoning code
MPM*
APN
5252-003-040
UPID
US09-8458538
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
-
Win Fat International Butcher Big Box & Wholesale Store
-
Monterey Beef Co Butcher Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.51M
CAP Approach
CAP
$2.53M
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$3.65M
Owner & transaction history
Wff Investment LLC · 5 yrs held
Wff Investment LLC
since 2020
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
MPM* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+76.5%
Retail stores
$5.4M
+74.7%
Commercial (general)
$4.4M
+40.9%
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
$4,630,000
ML approach
$4,505,000
CAP Approach
CAP Return
Estimation
6%
$2,740,000
6.5%
$2,530,000
7%
$2,350,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,085,000
Current use
OFFICE BUILDING
$5,450,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$5,395,000
Change: +75% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,350,000
Change: +41% · Conversion: Difficult
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±10% · vs last sale $3.57M (Jul 23 2020)
Last sale anchor
$3.57M
Jul 23 2020
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
$259 / 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
$50,228
Tax year 2024
Assessed value
$3,788,512
Assessed 2024
Previous assessed
$3,788,512
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,910,174
Assessed improvement
$1,878,338
Applied tax rate
12.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Stories
1
Total area
14,073 SF
Lot
0.52 ac (22,772 SF)
Zoning code
MPM*
APN
5252-003-040
UPID
US09-8458538
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPM* · Monterey Park, CA
Zoning MPM* · permitted uses
MPM* · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$5.5M
RETAIL STORES
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1975
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Wff Investment LLC
Entity
Mailing address
700 MONTEREY PASS RD, MONTEREY PARK, CA 91754-3607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2020
$3,570,000
Wff Investment LLC
Jrc Investments LLC
Grant Deed
$2,499,000 · Golden Bank NA
Sep 5, 2018
—
Jrc Investments LLC
—
Grant Deed
related
$7,000,000 · East West Bk
Jan 20, 2012
—
Taylor S & N M Living Trust
Menta Properties LLC
Grant Deed
related
—
Jan 19, 2012
$2,100,000
Jrc Investments LLC
Taylor S & N M Living Trust
Grant Deed
$1,470,000 · Comerica Bank
Aug 23, 2011
—
Taylor Trust
Menta Properties LLC
Grant Deed
—
Nov 22, 2005
—
Menta Properties LLC
John E Eckert
Grant Deed
$1,350,000 · Premier Commercial Bank NA
Jul 15, 1992
—
Eckert John E Co Tr
—
Deed Of Trust
related
—
—
—
Menta Properties LLC
—
Deed Of Trust
related
$75,000 · Premier Com'l Bk NA
—
—
Jrc Investments LLC
—
Deed Of Trust
related
$1,380,000 · Bank Sinopac
—
—
Menta Properties LLC
—
Deed Of Trust
related
$1,444,550 · Affinity Bank
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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