Refurbished Flex
For Sale
Contact for pricing
1800 S Shamrock Ave, Monrovia, CA 91016
Refurbished flex property with a secured paved yard and access to multiple regional freeways.
Property Size16,135 SF
Price / SF$321.54
Days on Market61
Property Features for 1800 S Shamrock Ave
General Information
Standard status
Active
Size
16,135 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Listing Agency:
Newmark - Los Angeles - South Bay
(310) 491-2000
Listed By:
Rick Sheckter
(818) 601-7511
Source:
Moodyscre
Added: Aug 14
Changed: Oct 13
Last Checked: Oct 12 at 7:53PM
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 Newmark - Los Angeles - South Bay
Investment Insights
Based on property information with market context.
This 16,135-square-foot flex property has been fully refurbished and includes a fenced, paved, secured yard. The configuration supports medical, light manufacturing, warehouse, and electronic assembly uses, with substantial exterior area for parking-related requirements.
Located at 1800 S Shamrock Ave in Monrovia, California, the property provides access to the 210, 605, and 10 freeways. Its combination of flexible interior space and controlled outdoor area suits a range of industrial and commercial operations.
Located at 1800 S Shamrock Ave in Monrovia, California, the property provides access to the 210, 605, and 10 freeways. Its combination of flexible interior space and controlled outdoor area suits a range of industrial and commercial operations.
Key Highlights
- 16,135‑square‑foot refurbished flex property
- Fenced, paved, and secured yard
- Supports medical, light manufacturing, warehouse, and electronic assembly uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,555
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,771,100
$3.8M
Cap Rate 7%
$2,693,643
$2.7M
Cap Rate 9%
$2,095,056
$2.1M
Market Conditions
NOI Build-Up for 16,135 SF
Gross rent
$286.6K $17.76/SF
− Vacancy
−$17.2K −$1.07/SF
EGI
$269.4K $16.69/SF
− OpEx
−$80.8K −$5.01/SF
NOI
$188.6K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,771,100
Cap Rate 7%
$2,693,643
Cap Rate 9%
$2,095,056
Alternative Uses
Best Use
Industrial
$2.69M
$2.36M – $3.14M
NOI $188,555 @ 7.0% cap · market cap 3.63%
Second Best
Flex RnD
$2.06M
$1.80M – $2.40M
NOI $144,044 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$8.64M
$7.56M – $10.08M
NOI $604,703 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
Balanced
Demand for This Use
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Refurbished flex property with a secured paved yard and access to multiple regional freeways.
Where is this flex space located?
The property is located at 1800 S Shamrock Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $5,188,000.
What are key features of this property?
This property features: 16,135‑square‑foot refurbished flex property; Fenced, paved, and secured yard; Supports medical, light manufacturing, warehouse, and electronic assembly uses
