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    751 Atlantic Blvd Monterey Park, CA 91754-3864
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    Property profile & analytics

    751 Atlantic Blvd, Monterey Park, CA 91754-3864

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    • Office buildings
    • 2,500 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Nov 12, 2024
    $930,000
    Property ID
    US09-8748864
    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.

    Value Estimations
    $915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SmarterHome.ai - Spectrum Authorized Retailer / Telecommunications Service / Data Center
    • All Phone World / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 751 Atlantic Blvd

    Year built
    1964
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Zone code
    MPC4*
    Property type
    Office buildings
    APN
    5253-002-024
    APU
    5253002024

    Description

    This exceptional commercial property, located at 751 S Atlantic Blvd in Monterey Park, CA 91754, presents a compelling investment opportunity. The 2,500 square foot building sits on a 6,014 square foot lot (APN 5253-002-024) and is zoned C4, offering versatility for various uses. Currently configured as three retail units with 67% occupancy and month-to-month leases, this presents an owner-user opportunity to occupy vacant space or the entire building. The property benefits from its prime location on a major thoroughfare, close to the 10 and 60 freeways, and surrounded by numerous retail establishments. Recent improvements include a new roof and a replaced HVAC unit. The asking price is $1,100,000 ($440/sq ft). Built in 1964, this Class C property offers significant potential for value appreciation through rent increases with existing tenants or by re-tenanting. Its strategic location and flexible zoning (C4, Monterey Park) make it suitable for a range of professional services (insurance, law, real estate, CPA), medical, or dental practices. This is a rare chance to acquire a well-situated commercial property in a thriving Los Angeles County market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $970,000
      6.5%
      $895,000
      7%
      $835,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $899,000
      Market price range: $571k - $1.20M
      AI Estimate
      $550,000
      Market price range: $216k - $934k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $970,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,520,000
      Change: +57% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,155,000
      Change: +19% Conversion: Difficult
      MEDICAL BUILDING
      $1,135,000
      Change: +17% Conversion: Easy
      RETAIL STORES
      $960,000
      Change: -1% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.137
    Latitude
    34.053
    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
    $9,093
    $393,711
    $262,473
    $656,184
    -
    $0.00
    $0.00
    $0.00
    More about this property
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