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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Parking lots & garages
Monterey Park, CA 91754
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9247702
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1990
Total area
23,300 SF
Lot
0.53 ac (23,283 SF)
Zoning code
MPOP
APN
5255-002-091
UPID
US09-9247702
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$560k
Owner & transaction history
Garfield Medical Center INC · 16 yrs held
Garfield Medical Center INC
since 2010
5 recorded transactions
Zoning & alternative use
MPOP · 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$24 / 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
$16,256
Tax year 2024
Assessed value
$1,216,243
Assessed 2024
Previous assessed
$1,216,243
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,147,925
Assessed improvement
$68,318
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1990
Heating
NONE
Total area
23,300 SF
Lot
0.53 ac (23,283 SF)
Zoning code
MPOP
APN
5255-002-091
UPID
US09-9247702
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MPOP · Monterey Park, CA
Zoning MPOP · permitted uses
MPOP · 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.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
Garfield Medical Center INC
Entity
Free & Clear · 16 yrs held
Mailing address
55 S RAYMOND AVE STE #105, ALHAMBRA, CA 91801-7101
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2017
—
Garfield Calmed Investments LP
—
Loan Modification
related
$30,000,000 · East West Bk
Jul 20, 2010
$6,451,000
Garfield Medical Center INC
Ca Medical Office LP
Grant Deed
—
Jul 20, 2010
$13,165,500
Garfield Calmed Investment LP
Garfield Medical Center INC
Grant Deed
—
Dec 11, 2009
—
Garfield Calmed Investment
—
Deed Of Trust
related
$30,000,000 · East West Bank
Aug 2, 2007
$1,340,500
Ca Medical Office
Us Bank NA
Grant Deed
$50,400,000 · Bank Of America
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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