1111 Corporate Ctr 306, Monterey Park, CA 91754
Well-maintained 1,716 SF office condo with abundant natural light.
- Added:
- Apr 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 24 at 8:00 pm
Property Features for 1111 Corporate Ctr 306
General Information
- Standard status
- Active
- Size
- 1,716 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing agent GARY KARASAWA License #00572414 (626) 287-3348
Listing office Mark III Properties (626) 287-3348
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mark III Properties
HighLights
- Well‑maintained 1,716 sf corner office condo with excellent natural light.
- Functional layout with multiple private offices and open workspace.
- Convenient in‑suite utility sink.
- Ample on‑site parking.
- Easy access to major freeways (10, 60, and 710).
- Located in a well‑maintained office complex in Monterey Park.
Overview
Local Financial Insights For Office B
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 | $65.9k | $38.40 |
| − Vacancy | −$15.9k | −$9.25 |
| EGI | $50.0k | $29.15 |
| − OpEx | −$12.5k | −$7.29 |
| NOI | $37.5k | $21.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Longitude
- -118.1641736
- Latitude
- 34.0502124