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    809 S Atlantic Blvd Monterey Park, CA 91754
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    Property profile & analytics

    809 S Atlantic Blvd Monterey Park, CA 91754

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    • Office buildings
    • 11,766 SF
    • 0.34 lot acres
    For Sale
    $3,520,000
    View Listing →
    Monterey Park Commercial Owner-User Opportunity For Sale
    $3,520,000
    11,766 SF

    Monterey Park Commercial Owner-User Opportunity

    Three-story building in Monterey Park with flexible leasing options.

    809 S Atlantic Boulevard, Monterey Park, CA 91754
    View Listing
    Property ID
    US09-8550417
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • San Gabriel Regional Dialysis / Medical Clinic
    • Maria W. Tam Law Office / Law Firm
    • Cal Best Realty Co / Real Estate Agency
    • Cathay Bank / Bank / Loan Service
    • Buy N Sell Auto / Car Dealership

    Property Details for 809 S Atlantic Blvd

    Year built
    1999
    Construction
    TILT-UP CONCRETE
    Lot size
    0.34 lot acres
    Property size
    11,766 SF
    Zone code
    MPC4*
    Property type
    Office buildings
    APN
    5253-002-035
    APU
    5253002035

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,570,000
      6.5%
      $4,220,000
      7%
      $3,920,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,625,000
      Market price range: $2.69M - $5.63M
      AI Estimate
      $3,769,000
      Market price range: $1.02M - $4.40M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,555,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $7,160,000
      Change: +57% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,440,000
      Change: +19% Conversion: Difficult
      MEDICAL BUILDING
      $5,350,000
      Change: +17% Conversion: Easy
      RETAIL STORES
      $4,510,000
      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
    34.0526
    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
    $39,899
    $1,248,480
    $3,246,048
    $4,494,528
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,270,000
      7,170 SF

      2063 Atlantic Blvd, Unit 3A-L

      OFFICE BUILDING • 7,170 SF
      2063 Atlantic Blvd, Monterey Park, CA 91754-6344
      View Details
    • Value Estimation
      $730,000
      2,793 SF

      524 Garvey Ave

      OFFICE BUILDING • 2,793 SF
      524 Garvey Ave, Monterey Park, CA 91754-2704
      View Details
    • Value Estimation
      $705,000
      2,000 SF

      523 Atlantic Blvd

      OFFICE BUILDING • 2,000 SF
      523 Atlantic Blvd, Monterey Park, CA 91754-3865
      View Details
    • Value Estimation
      $16,095,000
      43,353 SF

      2625 Corporate Pl

      OFFICE BUILDING (MULTI-STORY) • 43,353 SF
      2625 Corporate Pl, Monterey Park, CA 91754-7645
      View Details
    • Value Estimation
      $7,805,000
      43,072 SF

      1200 Corporate Ctr Dr

      OFFICE BUILDING (MULTI-STORY) • 43,072 SF
      1200 Corporate Ctr Dr, Monterey Park, CA 91754-7678
      View Details
    • Value Estimation
      $31,075,000
      119,883 SF

      1000 Corporate Ctr Dr

      OFFICE BUILDING (MULTI-STORY) • 119,883 SF
      1000 Corporate Ctr Dr, Monterey Park, CA 91754-7600
      View Details

    Similar Nearby for Sale

    • $3,250,000

      Monterey Park Owner-User Opportunity

      Three-story building in Monterey Park with flexible leasing options.
      809 S Atlantic Blvd, Monterey Park, CA 91754
      View Details
    • $3,520,000
      11,766 SF

      Monterey Park Commercial Owner-User Opportunity

      Three-story building in Monterey Park with flexible leasing options.
      809 S Atlantic Blvd, Monterey Park, CA 91754
      View Details
    • $18,950,000
      99,831 SF

      Monterey Park Office Building For Sale

      Five-story office building with parking structure in Monterey Park.
      901 Corporate Center Dr, Monterey Park, CA 91754
      View Details
    • $625,000

      Corner Office Condo in Monterey

      Well-maintained 1,716 SF office condo with abundant natural light.
      1111 Corporate Center Dr, Monterey Park, CA 91754
      View Details
    • $420,000
      952 SF

      Monterey Park Office Condo Investment

      Well-maintained office condo in Monterey Park with long-term tenant.
      401 South Garfield Ave, Monterey Park, CA 91754
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Monterey Park Office Building

      Fully leased office building in Monterey Park, California.
      1455-1485 Monterey Pass Rd, Monterey Park, CA 91754
      View Details
    • $3,000 /Mo

      San Gabriel Valley Commercial Space

      Versatile commercial space with permitted kitchen in convenient location.
      1455 Monterey Pass Rd, Monterey Park, CA 91754
      View Details
    • Contact for pricing

      Monterey Park Medical/Professional Office Suite

      Medical/professional office suite for lease in Monterey Park, CA.
      2162 S Garfield Ave, Monterey Park, CA 91754
      View Details
    • $1.50 SF/Yr

      Euclid Ave Office Space Available

      Office space for rent with private parking and street frontage.
      812-816 Euclid Ave, Ontario, CA 91754
      View Details
    • $7,024 /Mo
      2,195 SF

      Monterey Park Commercial Space Available

      Commercial space for lease in Monterey Park, California.
      500 N Atlantic Blvd, Monterey Park, CA 91754
      View Details
    View Listing
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    Monterey Park, CA 91754
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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