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

    1601 Raymond Ave Monrovia, CA 91016

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,875,000

    Industrial building with loading doors, close to freeway and metro.

    Property size:
    4,750 SF
    Lot size:
    0.18 Acres

    Property Features for 1601 Raymond Ave

    General Information

    Size
    4,750 SF
    Lot size
    0.18 Acres

    Source: Stevenson Real Estate Services Agent Ante Trinidad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Industrial Building Near Freeway

    This corner industrial building offers a strategic location less than a quarter mile from the 210 Freeway, with easy connection to the 605 Freeway. It is also a short block from the Monrovia Metro Station. The property features clear span construction with a 14-foot ceiling height. It is feasibly divisible into two units, each with an ample power source. The property includes a gated rear parking area and a covered yard for auxiliary use. Depending on configuration and rear yard use, there are 5 to 10 parking spaces. The building size is 4750 square feet. This presents a great opportunity for an owner-user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rayco B Products ... Sheet Metal Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Public Storage, Storage Depot, Pink Transfer, Inc. Moving & Storage, Monrovia Movers

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -117.9995889
    Latitude
    34.1339302

    Nearby Similar for Sale

    • $875,000
      1,302 SF

      Monrovia Spanish Craftsman with Studio

      Charming 2BR home with detached studio near Old Town.
      547 Parker Ave, Monrovia, CA 91016
      View Details
    • $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
    • $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

    FAQs

    What type of property is this?
    Warehouse - Industrial building with loading doors, close to freeway and metro.
    Where is this warehouse located?
    The property is located at 1601 Raymond Ave Monrovia, CA.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: - Strategic location less than a quarter mile from the 210 Freeway with Myrtle Ave on/off-ramps.; - Convenient corner industrial building with a loading door on each street.; - Clear span construction with **14’ ceiling height** and feasibility to divide into two units.
    (818) 371-1127
    Request Owner's contact information
    1601 Raymond Ave 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.
    1601 Raymond Ave
    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
    1601 Raymond Ave 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.