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    Corner Office Condo in Monterey Title is generated by Realmo AI

    1111 Corporate Ctr 306, Monterey Park, CA 91754

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    Claim this Listing
    For Sale
    $625,000

    Well-maintained 1,716 SF office condo with abundant natural light.

    Type:Commercial
    Property size:
    1,716 SF
    Price / SF:
    $364/SF
    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

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    Listing Contact
    GARY KARASAWA

    Listing agent GARY KARASAWA License #00572414

    Listing office Mark III Properties

    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

    This well-maintained 1,716 square foot third-floor corner office condo features excellent natural light and multiple window exposures. The unit offers a functional layout with multiple private offices, an open workspace, and interior glass partitions, allowing for flexible use and visibility between rooms. Large windows provide pleasant views and abundant daylight, creating a bright and professional work environment. Vinyl flooring runs throughout, and the space includes a convenient in-suite utility sink. Located in a well-maintained office complex in Monterey Park, the property provides ample on-site parking and easy access to major freeways, including the 10, 60, and 710. The location has a walk score of 62, indicating it is somewhat walkable, a transit score of 50, indicating good transit options, and a bike score of 24, indicating it is somewhat bikeable. This office condo is ideal for owner-users or investors seeking a versatile office space in a central San Gabriel Valley location.

    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
    1,716 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $535.9K
    $468.9K – $625.2K (±1% cap)
    NOI $37,510 @ 7.0% cap · market cap 6.00%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $918.7K
    $803.9K – $1.07M (±1% cap)
    NOI $64,312 @ 7.0% cap · market cap 10.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Japan Pulp & Paper ... Logistics Company Altagen S Robert Law Firm Haven Law Group, ... Law Firm Ampac Management Group Property Management Company Gorilla Pallets Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.1641736
    Latitude
    34.0502124

    FAQs

    What type of property is this?
    Office units - Well-maintained 1,716 SF office condo with abundant natural light.
    Where is this office units located?
    The property is located at 1111 Corporate Ctr 306 Monterey Park, CA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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