Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    724 Dr Monrovia, CA 91016

    Sponsored
    For Sale
    Contact for pricing

    8,940 SF Office, 0.41 Acres, 21 Parking Spaces

    Property size:
    8,940 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,940 square foot free-standing office building presents a unique investment opportunity in the thriving city of Monrovia, California. Situated on a sizable 0.41-acre lot, this single-tenant property boasts high visibility from Huntington Drive, ensuring strong brand recognition. The building offers a versatile layout, incorporating a blend of individual offices ideal for private workspaces and two expansive open areas perfect for collaborative work environments or flexible configurations to suit various business needs. Ample parking is provided with a total of 21 spaces, conveniently accessed via an open driveway from the main street and a secure gated rear parking area. The strategic location offers exceptional convenience, positioned directly across from a bustling shopping center, providing employees and clients with a wealth of amenities. Furthermore, its proximity to the major 210 and 605 freeways ensures effortless commutes for employees and clients alike. This property represents a rare combination of size, location, and functionality, making it an ideal investment for discerning buyers seeking a prime commercial space in a high-demand area. The building's layout offers significant flexibility, allowing for customization to meet the specific requirements of a wide range of businesses. The combination of high visibility, ample parking, and convenient freeway access makes this property a truly exceptional opportunity.

    Property Features for 724 Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,940 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1964
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0012
    Latitude
    34.1411

    Nearby Similar for Sale

    • $1,200,000
      2,640 SF

      Monrovia Commercial Property For Sale

      Corner lot property suitable for retail or automotive businesses.
      1601 S California Ave, Monrovia, CA 91016
      View Details
    • $999,950
      1,742 SF

      Monrovia Triplex Near Old Town

      Well-maintained triplex near Old Town Monrovia with remodeled unit.
      311 W Walnut Ave, Monrovia, CA 91016
      View Details
    • $2,695,000
      6,090 SF

      Monrovia Apartment Building For Sale

      Well-maintained Monrovia apartment building with central A/C and carport parking.
      516 Linwood Ave, Monrovia, CA 91016
      View Details
    • $4,200,000
      17,691 SF

      Monrovia Mixed-Use Investment Opportunity

      Two-story mixed-use building in Old Town Monrovia with upside potential.
      501 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $1,200,000
      1,568 SF

      Monrovia Duplex Investment Opportunity

      Two single-family homes on one lot, great investment potential.
      902 W Olive Ave, Monrovia, CA 91016
      View Details
    • $999,950
      1,964 SF

      Monrovia Triplex Investment Opportunity

      Tenant-occupied triplex near Old Town Monrovia shops and restaurants.
      717 S Magnolia Ave, Monrovia, CA 91016
      View Details
    • $1,495,000
      4,100 SF

      Monrovia Industrial Warehouse For Sale

      Industrial warehouse with M1 zoning, near freeway and gold line.
      138 E Pomona Ave, Monrovia, CA 91016
      View Details
    • $899,000
      1,355 SF

      Craftsman Duplex Near Downtown Monrovia

      Craftsman-style duplex with versatile units and convenient location.
      425 E Walnut Ave, Monrovia, CA 91016
      View Details
    • $1,670,000
      5 SF

      Monrovia Industrial Warehouse Opportunity

      Versatile industrial warehouse in Monrovia with strategic features and convenient access.
      323 W Maple Ave Monrovia, Monrovia, CA 91016
      View Details
    • $758,888
      1,552 SF

      Monrovia Home with Large Backyard

      3-bedroom, 3-bathroom home with modern upgrades and large backyard.
      215 E Chestnut Ave, Monrovia, CA 91016
      View Details
    • $779,000

      Tri-Level Townhome in Prime Location

      Upgraded 3-bedroom, 3-bathroom townhome in gated Monrovia community.
      305 W Duarte Rd, Monrovia, CA 91016
      View Details
    • $985,000

      Monrovia Triplex Investment Opportunity

      Triplex in Monrovia with potential for additional dwelling unit.
      203 Benrud St, Monrovia, CA 91016
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 8,940 SF Office, 0.41 Acres, 21 Parking Spaces
    Where is this office property / space located?
    The property is located at 724 Dr Monrovia, CA.
    What is the asking price?
    The asking price for this property is $17,433.
    (626) 914-6999
    Request Owner's contact information
    724 Dr Monrovia, CA 91016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    724 Dr
    Monrovia, CA 91016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    724 Dr Monrovia, CA 91016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.