Multi-Structure Manufacturing
For Sale
$3,499,000
1121 S Meridian Avenue, Alhambra, CA 91803
Commercial Sale, Alhambra, CA
Property Size23,514 SF
Lot Size1.22 Acres
Price / SF$148.80
Days on Market219
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: Oct 5
Last Checked: Oct 7 at 5:06AM
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 industrial property includes multiple single-story structures totaling 23,514 square feet on 1.22 acres. The existing configuration accommodates manufacturing, storage, and administrative functions. Improvements were constructed in 1961 and feature stucco and wood siding, with rolled hot-mop roofing.
The property is located in Alhambra, California, with access to Interstate 10 and Interstate 710. These regional routes connect the site with Downtown Los Angeles, the Inland Empire, and the Ports of Los Angeles and Long Beach. The property carries ALMPD zoning.
The property is located in Alhambra, California, with access to Interstate 10 and Interstate 710. These regional routes connect the site with Downtown Los Angeles, the Inland Empire, and the Ports of Los Angeles and Long Beach. The property carries ALMPD zoning.
Key Highlights
- 23,514‑square‑foot industrial property on 1.22 acres
- Multiple single‑story industrial structures
- Configured for manufacturing, storage, and administrative functions
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$305,963
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,119,260
$6.1M
Cap Rate 7%
$4,370,900
$4.4M
Cap Rate 9%
$3,399,589
$3.4M
Market Conditions
NOI Build-Up for 23,514 SF
Gross rent
$378.1K $16.08/SF
− Vacancy
−$18.1K −$0.77/SF
EGI
$360.0K $15.31/SF
− OpEx
−$54.0K −$2.30/SF
NOI
$306.0K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,119,260
Cap Rate 7%
$4,370,900
Cap Rate 9%
$3,399,589
Alternative Uses
Best Use
Mixed Use
$6.80M
$5.95M – $7.94M
NOI $476,159 @ 7.0% cap · market cap 13.61%
Second Best
Warehouse
$4.37M
$3.82M – $5.10M
NOI $305,963 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$12.59M
$11.02M – $14.69M
NOI $881,251 @ 7.0% cap · market cap 25.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,547
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Multiple single-story buildings support manufacturing, storage, and administrative functions within an industrial property.
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 $3,499,000.
What are key features of this property?
This property features: 23,514‑square‑foot industrial property on 1.22 acres; Multiple single‑story industrial structures; Configured for manufacturing, storage, and administrative functions
