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Property profile & analytics
OFF-MARKET
Estimated value
$3,170,000
Manufacturing properties
850 Monterey Pass Rd, Monterey Park, CA 91754-3609
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7579940
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1959
Construction
TILT-UP CONCRETE
Total area
20,020 SF
Lot
1.92 ac (83,724 SF)
Zoning code
MPM*
APN
5252-003-053
UPID
US09-7579940
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
-
Star Gifts International Inc. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$3.17M
Owner & transaction history
Yin & Zheng Investment LLC · 6 yrs held
Yin & Zheng Investment LLC
since 2019
7 recorded transactions
Zoning & alternative use
MPM* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$3,900,000
6.5%
$3,600,000
7%
$3,340,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,390,000
Current use
Blend value · Realmo final
$3.17M
Range $2.85M – $3.49M · ±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
$158 / 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
$53,075
Tax year 2024
Assessed value
$3,849,201
Assessed 2024
Previous assessed
$3,849,201
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$2,358,842
Assessed improvement
$1,490,359
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
HEAVY MANUFACTURING
Status
Off-Market
Year built
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
20,020 SF
Lot
1.92 ac (83,724 SF)
Zoning code
MPM*
APN
5252-003-053
UPID
US09-7579940
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
$4.4M
INDUSTRIAL (GENERAL) Current
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
1959
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.92 ac
Current owner
From public records · entity-resolved
Yin & Zheng Investment LLC
Entity
Mailing address
235 S SAN PEDRO ST APT #533, LOS ANGELES, CA 90012-3580
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
—
Yin & Zheng Investment LLC
—
Deed
related
$1,810,000 · Cit Bk NA
Dec 27, 2019
$3,590,000
Yin & Zheng Investment LLC
Jrl LLC
Grant Deed
$1,486,000 · California State Wide Certified Developm
Dec 27, 2019
—
Yin & Zheng Investment LLC
—
Deed
related
$1,445,000 · Cit Bk NA
Dec 6, 2019
—
Zhao & Luo LLC
—
Loan Modification
related
$6,500,000 · Cathay Bk
Nov 7, 2018
—
Zhao & Luo LLC
—
Grant Deed
related
$5,500,000 · Corporate Bk
May 29, 2013
—
Jrl LLC
Zhao,rui Z
Grant Deed
related
—
Apr 22, 2011
$2,170,000
Rui Z Zhao
850 Monterey Pass Road LLC
Grant Deed
$1,519,000 · Cathay Bank
Apr 22, 2011
—
850 Monterey Pass Road LLC
Wakcher,sheryl
Grant Deed
—
Apr 20, 2006
—
850 Monterey Pass Road LLC
Anderson Sheryl Trust
Grant Deed
related
—
Apr 19, 2001
—
Wakcher,harold Tr
Wakcher,h
Quit Claim Deed
related
—
Feb 20, 2001
—
Sheryl Anderson
Wakcher H Trustee,
Quit Claim Deed
related
—
Jun 19, 2000
$156,000
Wakcher Trust
Wakcher Trust
Grant Deed
related
—
Dec 30, 1970
—
—
—
Grant Deed
related
—
—
—
Yin & Zheng Investment LLC
—
Deed Of Trust
related
$1,810,000 · Cit Bk NA
—
—
Yin & Zheng Investment LLC
—
Deed Of Trust
related
$1,445,000 · Cit Bk NA
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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