End-Unit Flex Space with Secure
1455 Monterey Pass Road, Monterey Park, CA 91754
For Sale
New
$600,000
Commercial Sale, Monterey Park, CA
Property Size1,919 SF
Price / SF$312.66
Days on Market4
Property Features for 1455 Monterey Pass Road
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Additional Details
Tenant in Place
Property Use
Utilities
Cooling system
Amenities
Gated commercial complex
Security cameras
Building Details
Year built
Listing Agency:
Exp Realty of California Inc
(888) 584-9427
Listed By:
Lisa Ng · License CA #02240398
(626) 872-8232
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 10 at 4:06AM
MLS# TR26240757
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,919-square-foot ground-floor flex condo combines office and warehouse functions within a 20-unit commercial complex. Its layout includes reception space, an open office, private offices, and multipurpose rooms. A metal-lined vault has a separate room behind it, while a rear roll-up door opens to an area with approximately 12-foot ceilings. The remodeled interior has LVP flooring and drop-tile ceilings in the front and office areas, along with central air conditioning.
The property is an end unit with multiple windows and three assigned parking spaces. The gated complex has security cameras and remote-operated entry gates, with controlled access after hours. The unit is currently occupied on a month-to-month basis.
The property is an end unit with multiple windows and three assigned parking spaces. The gated complex has security cameras and remote-operated entry gates, with controlled access after hours. The unit is currently occupied on a month-to-month basis.
Key Highlights
- 1,919 SF ground‑floor end‑unit flex condo
- Office layout includes reception, open office, private offices, and multipurpose rooms
- Metal‑lined secure vault with an additional private room behind it
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,948
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,960
$839.0K
Cap Rate 7%
$599,257
$599.3K
Cap Rate 9%
$466,089
$466.1K
Market Conditions
NOI Build-Up for 1,919 SF
Gross rent
$73.7K $38.40/SF
− Vacancy
−$17.8K −$9.25/SF
EGI
$55.9K $29.15/SF
− OpEx
−$14.0K −$7.29/SF
NOI
$41.9K $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%
$838,960
Cap Rate 7%
$599,257
Cap Rate 9%
$466,089
Alternative Uses
Best Use
Office B
$599.3K
$524.4K – $699.1K
NOI $41,948 @ 7.0% cap · market cap 6.99%
Second Best
Warehouse
$356.7K
$312.1K – $416.2K
NOI $24,970 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.03M
$899.0K – $1.20M
NOI $71,920 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
12 ft
Clear height
1
Drive-in doors
20
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Under-served
Demand for This Use
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
$845,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Los Angeles County, CA
Properties on Market for Flex space in Los Angeles County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Tacos Jeesy — Cesar E Chávez and, N Carmelita Ave, Los Angeles, CA 90063
Frequently Asked Questions
What type of property is this?
Flex space - Office rooms, warehouse access, and controlled entry are combined in a remodeled ground-floor commercial condo.
Where is this flex space located?
The property is located at 1455 Monterey Pass Road Monterey Park, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,919 SF ground‑floor end‑unit flex condo; Office layout includes reception, open office, private offices, and multipurpose rooms; Metal‑lined secure vault with an additional private room behind it
