USPS-Leased Office
For Sale
$4,650,000
114 North Huntington Avenue, Monterey Park, CA 91754
Single-tenant office property leased to the United States Postal Service.
Property Size17,988 SF
Price / SF$258.51
Days on Market50
Property Features for 114 North Huntington Avenue
General Information
Standard status
Active
Size
17,988 SF
Class
B
Property subtype
Office
Zoning
MPC4-R3
Occupancy
100%
Additional Details
Office Units
1
Building Details
Building Size
17,988 SF
Buildings
1
Tenancy
Single
Owner Occupied
No
Listing Agency:
SVN Vanguard
Listed By:
Anthony Ying · License #CalDRE #02052345
(714) 421-2258
Source:
Svnvanguard
Added: Aug 28
Changed: Oct 15
Last Checked: Oct 16 at 7:17AM
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 SVN Vanguard
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Investment Insights
Based on property information with market context.
This 17,988 SF office building contains 1 unit and is fully occupied under a lease to the United States Postal Service. The property is classified within the MPC4-R3 zoning area and is offered as an office building asset.
Located at 114 North Huntington Avenue in Monterey Park, California, the building provides a defined single-tenant configuration for office-focused ownership. Occupancy is reported at 100%, with the United States Postal Service identified as the occupant.
Located at 114 North Huntington Avenue in Monterey Park, California, the building provides a defined single-tenant configuration for office-focused ownership. Occupancy is reported at 100%, with the United States Postal Service identified as the occupant.
Key Highlights
- 17,988 SF office building
- 1‑unit configuration
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$393,203
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,864,060
$7.9M
Cap Rate 7%
$5,617,186
$5.6M
Cap Rate 9%
$4,368,922
$4.4M
Market Conditions
NOI Build-Up for 17,988 SF
Gross rent
$690.7K $38.40/SF
− Vacancy
−$166.5K −$9.25/SF
EGI
$524.3K $29.15/SF
− OpEx
−$131.1K −$7.29/SF
NOI
$393.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,864,060
Cap Rate 7%
$5,617,186
Cap Rate 9%
$4,368,922
Alternative Uses
Best Use
Office B
$5.62M
$4.92M – $6.55M
NOI $393,203 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.63M
$8.43M – $11.24M
NOI $674,149 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,287
Businesses Nearby
Explore this area
Business Placement
Demographics for 91754, CA
33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Single-tenant office property leased to the United States Postal Service.
Where is this office building located?
The property is located at 114 North Huntington Avenue Monterey Park, CA.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 17,988 SF office building; 1‑unit configuration; 100% occupancy
