2320 Honolulu, Montrose, CA 91020
Leased bank building with terms running to September 30, 2029, plus options and additional lots.
- Added:
- Feb 13, 2026
- Days on Market:
- 123
- Last Refresh:
- Jun 15 at 3:59 am
Property Features for 2320 Honolulu
General Information
- Standard status
- Active
- Size
- 8,626 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1952
Listing agent Jigar Shah License #01116918
Listing office Century 21 Discovery (714) 626-2000
Listing date Feb 13, 2026
Source Xome
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 Century 21 Discovery
HighLights
- Leased bank building with lease terms running to September 30, 2029, with options
- Year built: 1952
- Central air and gas heating
- Cooling: central air; heating system noted as "3"
- Additional lots on the site are referenced as possibly for single‑family residence
Overview
The building is located at 2320 Honolulu in Montrose, California, in a major business district. The public remarks indicate the surrounding area supports office and commercial activity, and the property includes the additional lots discussed above.
For a buyer, the current occupancy and lease term provide a straightforward path to ownership with an established banking use on-site through the lease end date. The supplemental lots, described as potentially for single-family residential, may broaden the range of tenant, owner-occupant, or development possibilities depending on final feasibility and approvals. Buyers and brokers can review the lease options and the intended use of the additional lots as part of their underwriting and due diligence.
Local Financial Insights For Specialty Retail
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 | $291.9k | $33.84 |
| − Vacancy | −$19.3k | −$2.23 |
| EGI | $272.6k | $31.61 |
| − OpEx | −$68.2k | −$7.90 |
| NOI | $204.5k | $23.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Los Angeles
- State
- California
- Longitude
- -118.228786
- Latitude
- 34.205666
