1455 Monterey Pass RD 206 Monterey Park, CA 91754
Versatile office condo with reception area, kitchen, private restroom, and three dedicated parking spaces.
Property Features for 1455 Monterey Pass RD 206
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing office Happy Growth Realty (818) 802-8019
Listing date Jun 20, 2026
Source Exitrealty
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Investment Insights
Based on property information with market context.
The property includes three dedicated parking spaces and is located in a highly accessible business corridor in the San Gabriel Valley, with convenient connections to the 60, 710, 5, and 10 freeways. It is positioned for quick trips to both Downtown Los Angeles and Pasadena.
The space is suited to a wide range of office uses where dedicated meeting rooms, a reception function, and in-suite amenities like a permitted kitchen and private restroom are important.
Key Highlights
- Nearly 2,000 SF versatile commercial office condo with a professional, modern interior layout
- Fully permitted kitchen plus private restroom for everyday office use
- Reception area with glass‑partitioned workstations
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 | $76.8k | $38.40 |
| − Vacancy | −$18.5k | −$9.25 |
| EGI | $58.3k | $29.15 |
| − OpEx | −$14.6k | −$7.29 |
| NOI | $43.7k | $21.86 |
