Single-Story Manufacturing and Storage
For Sale
$3,900,000
1121 S Meridian Avenue, Alhambra, CA 91803
COMMERCIAL - Alhambra, CA
Property Size23,514 SF
Lot Size1.22 Acres
Price / SF$165.86
Days on Market152
Property Features for 1121 S Meridian Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ALMPD
Directions
From Downtown Los Angeles - Take Interstate 10 East. Take the exit toward Interstate 710 South. Exit at Valley Blvd. Turn right on Valley Blvd. Turn left on Meridian Ave. Continue south about 0.4 miles to 1121 S. Meridian Ave.
Subdivision
97 - Out of Area South
Standard status
Active
APN
5342-033-015
Size
23,514 SF
Lot size
1.22 Acres
Building Details
Year built
1961
Floors in Building
1
Building materials
Stucco, Wood Siding
Roof type
Rolled Hot Mop
Listing Agency:
Roher Realty
(661) 951-0110
Listed By:
Angelo Gant · License #02158941
(760) 267-1184
Added: Mar 2
Changed: Jul 31
Last Checked: Aug 1 at 1:06AM
MLS# 26001996
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This manufacturing property features multiple single-story industrial structures currently configured for manufacturing, storage, and administrative functions. The property includes stucco and wood siding construction with a rolled hot mop roof. Built in 1961, it offers an established industrial layout for businesses needing on-site production, warehousing, and office support.
The property is located at 1121 S Meridian Avenue in Alhambra, CA, in Los Angeles County. Convenient access to major regional transportation routes including Interstate 10 and Interstate 710 supports connectivity to Downtown Los Angeles, the Inland Empire, and the Ports of Los Angeles and Long Beach.
Set on a 1.22-acre lot and containing 23,514 square feet, the site is zoned ALMPD. It may be suitable for owner-users and industrial tenants seeking an established facility with multiple buildings and mixed functional space.
The property is located at 1121 S Meridian Avenue in Alhambra, CA, in Los Angeles County. Convenient access to major regional transportation routes including Interstate 10 and Interstate 710 supports connectivity to Downtown Los Angeles, the Inland Empire, and the Ports of Los Angeles and Long Beach.
Set on a 1.22-acre lot and containing 23,514 square feet, the site is zoned ALMPD. It may be suitable for owner-users and industrial tenants seeking an established facility with multiple buildings and mixed functional space.
Key Highlights
- Multiple single‑story industrial structures configured for manufacturing, storage, and administrative use
- 1.22‑acre lot with 23,514 SF industrial/manufacturing space
- Zoned ALMPD
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $378.1k | $16.08 |
| − Vacancy | −$18.1k | −$0.77 |
| EGI | $360.0k | $15.31 |
| − OpEx | −$54.0k | −$2.30 |
| NOI | $306.0k | $13.01 |
23,514 SF · lease $16.08/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.37M
$3.82M – $5.10M
NOI $305,963 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$3.93M
$3.43M – $4.58M
NOI $274,786 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$12.59M
$11.02M – $14.69M
NOI $881,251 @ 7.0% cap · market cap 22.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
Explore this area
Business Placement
Demographics for 91803, CA
29,374
Population
10,439
Households
2.8
Avg Household Size
42
Median Age
37%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
8,901
Density / Sq Mi
$84,537
Median Household Income
$47,579
Median Earnings
$1,790
Median Rent
$831,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Single-story manufacturing, storage, and administrative configurations on a 1.22-acre site near I-10 and I-710.
Where is this manufacturing property located?
The property is located at 1121 S Meridian Avenue Alhambra, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Multiple single‑story industrial structures configured for manufacturing, storage, and administrative use; 1.22‑acre lot with 23,514 SF industrial/manufacturing space; Zoned ALMPD
