2530 Corporate PlMonterey Park, CA 91754

Property Details for 2530 Corporate Pl

Year built

1988

Construction

TILT-UP CONCRETE

Lot size

11.81 AC

Property size (Sq ft)

116,480 SF

Zone code

MPC2

Property type

Office properties

Property subtype

Office buildings

APN

5237-024-056

APU

5237024056

Description

This exceptional Monterey Park industrial property offers 199,056 square feet of total building space, currently configured as a single suite. The property boasts a highly desirable location within the Monterey Park submarket of Los Angeles County. A significant advantage is the availability of 3,030 square feet of immediately available flex space, ideal for a variety of businesses. While the total number of parking spaces is currently listed as zero, further details regarding parking solutions can be provided upon request. The property's attractive landscaping features tree-lined walkways surrounding six two-story buildings, creating a pleasant and functional environment. This offering presents a unique opportunity to secure space in a well-established and reputable Monterey Park location. The property's size and layout make it suitable for a range of industrial and flex-space users. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this property for their specific business needs. The property's location within the Monterey Park submarket cluster offers excellent access to transportation routes and local amenities. The available space is ready for immediate occupancy, providing a seamless transition for businesses seeking a new location. The property's single-suite configuration offers flexibility for customization and tenant improvements.

• CAP approach

  CAP return

  Valuation

  6%

  $33,463,130

  6.5%

  $30,889,042

  7%

  $28,682,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,149,836

  Geo Method

  $22,149,836

• Alternative Use

  Use

  Valuation

  Residential

  $38,302,412

  Hospitality

  $35,084,804

  Educational

  $29,190,146

  Medical

  $30,194,038

  Retail

  $45,406,892

Location Insight

City

Monterey Park

County

Los Angeles

State

California

Latitude

34.0455

Longitude

-118.164

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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