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Single-Story Flex Space
New
For Sale
$920,000

252 W Chestnut, Monrovia, CA 91016

Modern industrial condominium combining warehouse and office functionality in a walkable commercial setting.

Property Size1,580 SF
Price / SF$582.28
Days on Market4

Property Features for 252 W Chestnut

General Information

Standard status Active
Size 1,580 SF
Property subtype Industrial

Warehouse & Industrial

Clear Height 18 ft
Warehouse Space 1,140 SF
Office Build-Out 440 SF
Power 250 amps

Additional Details

Highway Access Yes

Building Details

Building Size 1,580 SF
Year Built 2023
Stories 1
Listing Agency: Growth Investment Group Pasade
Listed By: Handoko Chen · License #01749321
Source: Elliman
Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 9:31AM

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 Growth Investment Group Pasade

Investment Insights

Based on property information with market context.

Completed in 2023, this single-story flex condominium combines approximately ±1,140 SF of warehouse area with ±440 SF of office space. The interior includes 18-foot clearance, a 10-foot roll-up door, and 250-AMP electrical service. The property may be delivered vacant for an owner-user or structured as a sale-leaseback, as supported by the offering terms.

The property is located at 252 W Chestnut in Monrovia, two blocks from Old Town Monrovia and two blocks from Huntington Drive. Access to FWY 210 and FWY 605 is nearby, while the Monrovia Gold Line station, restaurants, cafes, bars, boutiques, and national retailers are within the surrounding area. WalkScore is 85, BikeScore is 51, and TransitScore is 56.

Key Highlights

  • 2023‑built single‑story industrial condominium
  • ±1,140 SF warehouse and ±440 SF office space
  • 18‑foot clearance height with 10‑foot roll‑up door

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Hotel & Motel Butcher Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,243
Businesses Nearby
Under-served
Demand for This Use

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Chef Ross Catering 115 Los Angeles Ave A, Monrovia, CA 91016
  • Birrieriaguanatos 733 E Huntington Dr, Monrovia, CA 91016
  • La patrona Birrieriaguanatos 733 e huntington dr, monrovia, ca 91016
  • Birrieriaguanatos E Cypress AV, Huntington Dr, Monrovia, CA 91016
  • SAY HUYEN CATERING 710 S Myrtle Ave, Monrovia, CA 91016

Frequently Asked Questions

What type of property is this?
Flex space - Modern industrial condominium combining warehouse and office functionality in a walkable commercial setting.
Where is this flex space located?
The property is located at 252 W Chestnut Monrovia, CA.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: 2023‑built single‑story industrial condominium; ±1,140 SF warehouse and ±440 SF office space; 18‑foot clearance height with 10‑foot roll‑up door
More about this property
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