1455 Monterey Pass Unit 206, Monterey Park, CA 91754
Versatile office condo with a permitted kitchen, private restroom, and multiple work and meeting spaces for professional teams.
- Added:
- Apr 10, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 14 at 1:54 am
Property Features for 1455 Monterey Pass Unit 206
General Information
- Standard status
- Active
- Size
- 1,919 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agent Yi Fan (Yvonne) Yue
Listing office Happy Growth Realty (818) 802-8019
Listing date Apr 10, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Happy Growth Realty
HighLights
- Nearly 2,000 SF versatile commercial office condo with a modern, professional layout
- Fully permitted kitchen plus a private restroom
- Glass‑partitioned workstations, reception area, two spacious conference rooms, and a private executive office
- Central air cooling
- Flat roof
- Three dedicated parking spaces with easy access to the 60, 710, 5, and 10 freeways
Overview
Located in a highly accessible business corridor in the San Gabriel Valley, the property is positioned for convenient client and employee access. It provides three dedicated parking spaces and offers connectivity with convenient access to the 60, 710, 5, and 10 freeways. The remarks also note that the location is just minutes from both Downtown Los Angeles and Pasadena.
For tenants or buyers seeking a move-in-ready office layout, the combination of reception space, dedicated meeting rooms, and an executive office supports a wide range of team structures. The inclusion of a permitted kitchen and private restroom further supports daily operations without the need for common-area reliance. Three dedicated parking spaces add practical value for staff and visiting clients.
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 | $73.7k | $38.40 |
| − Vacancy | −$17.8k | −$9.25 |
| EGI | $55.9k | $29.15 |
| − OpEx | −$14.0k | −$7.29 |
| NOI | $41.9k | $21.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Longitude
- -118.1623102
- Latitude
- 34.0452806
