New search
Property profile & analytics
FOR SALE
Office buildings
809 S Atlantic Blvd, Monterey Park, CA 91754
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8550417
For Sale
1 / 33
$3,520,000
809 S Atlantic Blvd, Monterey Park, CA 91754
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
TILT-UP CONCRETE
Total area
11,766 SF
Lot
0.34 ac (15,013 SF)
Zoning code
MPC4*
APN
5253-002-035
UPID
US09-8550417
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
$5.63M
Blend (final)
Blend
$4.54M
Owner & transaction history
809 Mp LLC · 2 yrs held
809 Mp LLC
since 2023
7 recorded transactions
Zoning & alternative use
MPC4* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.2M
+57.2%
Auto repair, garage
$5.4M
+19.5%
Medical building
$5.4M
+17.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,570,000
6.5%
$4,220,000
7%
$3,920,000
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
Blend value · Realmo final
$4.54M
Range $4.09M – $4.99M · ±10%
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
$386 / 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
$39,899
Tax year 2024
Assessed value
$4,494,528
Assessed 2024
Previous assessed
$4,494,528
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$1,248,480
Assessed improvement
$3,246,048
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
11,766 SF
Lot
0.34 ac (15,013 SF)
Zoning code
MPC4*
APN
5253-002-035
UPID
US09-8550417
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
OFFICE BUILDING Current
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.4M
RETAIL STORES
Est. value
$4.5M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
809 Mp LLC
Entity
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
Dec 19, 2023
—
809 Mp LLC
Carmela Ma
Grant Deed
—
Feb 17, 2022
—
Carmela Ma
Gee Hang Ping Ma
Affidavit Death Of Trustee/successor Trustee
related
—
May 18, 2021
—
Carmela Ma
—
Deed
related
$710,000 · American Business Bank
Jun 5, 2009
—
Ma Living Trust
Ma,gee H P
Quit Claim Deed
related
—
Sep 13, 2002
—
Gee H Ma
Stanmore Development Co Ltd
Grant Deed
$850,000 · Citizens Business Bank
—
—
Gee H Ma
—
Deed Of Trust
related
$850,000 · Citizens Business Bank
—
—
Ma Living Trust
—
Deed Of Trust
related
$900,000 · Occidental Life Ins Co/nc
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
