Office
For Sale
Contact for pricing
1711 S Mountain Ave, Monrovia, CA 91016
Office property available for acquisition on S Mountain Ave. in Monrovia.
Property Size24,510 SF
Price / SF$509
Days on Market181
Property Features for 1711 S Mountain Ave
General Information
Standard status
Active
Size
24,510 SF
Property subtype
OFFICE
Listing Agency:
NAI Capital
(626) 564-4800
Listed By:
John S. Archibald · License #00996775
(626) 660-8228
Source:
Moodyscre
Added: Apr 22
Changed: Oct 6
Last Checked: Oct 16 at 11:24AM
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 NAI Capital
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Investment Insights
Based on property information with market context.
The property is a 24,510-square-foot office building offered for sale at 1711 S Mountain Ave. in Monrovia, California 91016.
Key Highlights
- 24,510‑square‑foot office building
- For‑sale office property
- Located at 1711 S Mountain Ave., Monrovia, CA 91016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$535,769
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,715,380
$10.7M
Cap Rate 7%
$7,653,843
$7.7M
Cap Rate 9%
$5,952,989
$6.0M
Market Conditions
NOI Build-Up for 24,510 SF
Gross rent
$941.2K $38.40/SF
− Vacancy
−$226.8K −$9.25/SF
EGI
$714.4K $29.15/SF
− OpEx
−$178.6K −$7.29/SF
NOI
$535.8K $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%
$10,715,380
Cap Rate 7%
$7,653,843
Cap Rate 9%
$5,952,989
Alternative Uses
Best Use
Office B
$7.65M
$6.70M – $8.93M
NOI $535,769 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.12M
$11.48M – $15.31M
NOI $918,579 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office property available for acquisition on S Mountain Ave. in Monrovia.
Where is this office building located?
The property is located at 1711 S Mountain Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 24,510‑square‑foot office building; For‑sale office property; Located at 1711 S Mountain Ave., Monrovia, CA 91016
