Corner Mixed-Use
For Sale
$1,500,000
11400 Ramona Blvd, El Monte, CA 91731
The property carries General Commercial zoning for commercial use.
Property Size3,480 SF
Days on Market47
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Property Features for 11400 Ramona Blvd
General Information
Standard status
Active
Size
3,480 SF
Property subtype
Industrial - Manufacturing
Building Details
Building Size
3,480 SF
Listing Agency:
Coldwell Banker Realty
Listed By:
Matty (Maria) Hurtado · License #01207955
(626) 584-0050
Source:
Commercialcafe
Added: Aug 30
Changed: Oct 8
Last Checked: Oct 14 at 8:28PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This corner mixed-use building combines commercial and industrial characteristics within a single property. The structure was completed in 1997 and is designated General Commercial. Located at 11400 Ramona Boulevard in El Monte, California, the property offers a straightforward commercial setting for consideration by users seeking a mixed-use asset.
Key Highlights
- Corner commercial and industrial building
- General Commercial zoning
- Built in 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,335
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,700
$1.2M
Cap Rate 7%
$876,214
$876.2K
Cap Rate 9%
$681,500
$681.5K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$104.4K $30.00/SF
− Vacancy
−$6.3K −$1.80/SF
EGI
$98.1K $28.20/SF
− OpEx
−$36.8K −$10.58/SF
NOI
$61.3K $17.63/SF
Area
El Monte, CA
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,700
Cap Rate 7%
$876,214
Cap Rate 9%
$681,500
Alternative Uses
Best Use
Mixed Use
$876.2K
$766.7K – $1.02M
NOI $61,335 @ 7.0% cap · market cap 4.09%
Second Best
Industrial
$617.6K
$540.4K – $720.5K
NOI $43,231 @ 7.0% cap · market cap 2.88%
Theoretical Best
Multifamily LT 5
$66.13M
$57.86M – $77.15M
NOI $4,628,828 @ 7.0% cap · market cap 308.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
Explore this area
Business Placement
Demographics for 91731, CA
28,197
Population
8,809
Households
3.2
Avg Household Size
38
Median Age
15%
College-Educated
68%
High-School Grad
3.8 sq mi
ZIP Area
7,420
Density / Sq Mi
$60,887
Median Household Income
$33,530
Median Earnings
$1,583
Median Rent
$614,000
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property carries General Commercial zoning for commercial use.
Where is this mixed-use property located?
The property is located at 11400 Ramona Blvd El Monte, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Corner commercial and industrial building; General Commercial zoning; Built in 1997
