Three-Story Office Building with
For Sale
Contact for pricing
2501 Davidson Dr, Monterey Park, CA 91754
Office-professional zoning and access to multiple regional freeways support a broad range of professional office uses.
Property Size10,899 SF
Price / SF$339.48
Days on Market150
Property Features for 2501 Davidson Dr
General Information
Standard status
Active
Size
10,899 SF
Class
B
Total Parking Spaces
37
Property subtype
Office
Zoning
O-P (Office Professional)
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Stabilized
Net Operating Income
$258,956
Building Details
Year Built
1990
Buildings
1
Stories
3
Units
3
Tenancy
Multi
Listing Agency:
KW Commercial
Listed By:
Kelly Tran · License #01921901
Source:
Crexi
Added: Apr 6
Changed: Aug 30
Last Checked: Sep 1 at 8:11PM
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 KW Commercial
Investment Insights
Based on property information with market context.
This office building comprises approximately 10,899 square feet across three stories and was constructed in 1990. An elevator serves the building, which occupies a corner lot measuring approximately 23,113 SF. The property is zoned O-P (Office Professional), subject to verification with the City of Monterey Park.
The building is located at 2501 Davidson Dr in Monterey Park, within the Los Angeles Corporate Center Business Park. Its position east of Downtown LA places it near Alhambra, San Gabriel, and East Los Angeles. Regional connectivity includes access to the 5, 10, 60, and 710 freeways. The property is currently occupied, and tours are available by appointment.
The building is located at 2501 Davidson Dr in Monterey Park, within the Los Angeles Corporate Center Business Park. Its position east of Downtown LA places it near Alhambra, San Gabriel, and East Los Angeles. Regional connectivity includes access to the 5, 10, 60, and 710 freeways. The property is currently occupied, and tours are available by appointment.
Key Highlights
- ±10,899 square feet of building area
- ±23,113 SF corner lot
- Three‑story office building constructed in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$238,243
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,764,860
$4.8M
Cap Rate 7%
$3,403,471
$3.4M
Cap Rate 9%
$2,647,144
$2.6M
Market Conditions
NOI Build-Up for 10,899 SF
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.
Gross rent
$418.5K $38.40/SF
− Vacancy
−$100.9K −$9.25/SF
EGI
$317.7K $29.15/SF
− OpEx
−$79.4K −$7.29/SF
NOI
$238.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,764,860
Cap Rate 7%
$3,403,471
Cap Rate 9%
$2,647,144
Alternative Uses
Best Use
Office B
$3.40M
$2.98M – $3.97M
NOI $238,243 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.84M
$5.11M – $6.81M
NOI $408,470 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office-professional zoning and access to multiple regional freeways support a broad range of professional office uses.
Where is this office building located?
The property is located at 2501 Davidson Dr Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: ±10,899 square feet of building area; ±23,113 SF corner lot; Three‑story office building constructed in 1990
